Recent Blog Posts
How to Add Firearms to Your Estate Plan in Florida
Many families in Florida believe in the Second Amendment, and they amass considerable collections of firearms over the years. If this sounds familiar, you might have various guns that you wish to leave behind after your passing. Some of these firearms could be very expensive, rare, or even prohibited by today’s standards. Perhaps you… Read More »
What if My Beneficiaries Argue After My Passing?
For many estate planners in Tampa, their worst fear is to leave their beneficiaries with unending arguments instead of financial security. Money can have a strange effect on people, and even loving family members can suddenly devolve into mindless bickering if they do not agree on how assets should be handled. Fortunately, you can… Read More »
What Can a Tampa Estate Planning Attorney Do for Me?
If you’re considering whether or not to hire a Tampa estate planning attorney, you might be wondering about the potential benefits. What kinds of services does an estate planning lawyer provide? What kind of people need help from estate planning attorneys, and what happens if you do not hire one? These are common questions… Read More »
Gifting Strategies for Estate Planning in Florida
If you’re serious about estate planning strategies in Florida, you might want to consider gifting strategies. These strategies can serve multiple purposes, including tax reductions and positive outcomes for your beneficiaries. Many estate planners in Tampa engage in these gifting strategies before they pass away – allowing them to spread their wealth among family… Read More »
Who Pays the Medical Bills of a Deceased Individual in Florida?
If you have recently lost a loved one, financial issues may seem completely irrelevant in comparison to your emotional distress and grief. As the months and weeks pass, however, you could be confronted by all kinds of expenses. These include not only funeral costs, but also unpaid medical expenses your loved one might have… Read More »
Sunsetting Double Estate Tax Exemptions in Florida: Take Action Before 2026
One of the most celebrated moves by the previous administration was the Tax Cuts and Jobs Act. A key element of this bill was an increased federal estate tax exemption. Thanks to this double exemption, countless high-net-worth families avoided incurring excessive taxes. If you are building a high-net-worth estate plan in Tampa, this exemption… Read More »
A Basic Overview of Florida’s Homestead Exemption
Estate planners should take full advantage of the unique opportunities their home states have to offer. The good news is that Florida offers many estate planning opportunities not seen in other states. This should hardly come as a surprise, especially with Florida’s high population of senior citizens. One of the most promising opportunities in… Read More »
Are Pet Trusts Legal in Florida?
Florida has a pet ownership rate of well over 50%, and this equates to over 12 million pet owners in the State. While many Florida residents focus on their human beneficiaries during the estate planning process, others worry about what will happen to their beloved dogs and cats. If this sounds familiar, you might… Read More »
Who is entitled to notice in a Florida Probate?
In Florida, the process of probate involves the administration of a deceased person’s estate. The individuals entitled to notice of a Florida probate proceeding generally include: Interested Parties: Heirs: Individuals who would inherit from the decedent if there is no will. Devisees: Individuals named in the will to receive specific assets. Beneficiaries: Individuals designated… Read More »
Is an Out of State Trust Agreement Valid in Florida?
The validity of an out-of-state trust agreement in Florida can be a complex legal issue and may depend on various factors, including the specific terms of the trust, the laws of the state in which the trust was created, and Florida state law. In general, Florida law recognizes the validity of trusts created in… Read More »