Florida Trustee Duties and Responsibilities
What are a Florida Trustee’s Duties? Understanding the responsibilities and duties required by trustees in Florida is important whether you’re setting up a trust or have recently been asked to act as a trustee yourself. Because of the substantial assets involved, there’s a lot on …
What’s the Cost of Probate in Florida?
What Determines the Cost of Probate in Florida? Whenever someone dies in Florida, their assets almost always need to pass through probate court before they can go on to the designated heirs or beneficiaries. While not every estate can avoid probate, planning your estate early …
5 Strategies for Minimizing or Avoiding Probate in Florida
Can You Minimize or Avoid Probate in Florida? When a person dies in Florida, their assets usually need to go through something called probate before they can be distributed to beneficiaries. You can click here to learn more about the basics of the process. Probate …
6 Main Steps to the Florida Probate Process
Florida Probate Process Timeline When a person dies in Florida, their belongings must be officially transferred over to their beneficiaries and/or heirs through a process known as probate. While having a will certainly makes this easier, it doesn’t let you avoid probate altogether. The individual …
How a Will Makes Florida Probate Easier
What is Probate? Probate is the official, court-supervised method of distributing a deceased person’s property, paying off their debts, and verifying the validity of their last will and testament, if the decedent had one. During probate, the deceased person’s assets are re-titled in the name …
How to Transfer Membership Interest in a Florida LLC
3 Essential Documents to Purchase or Transfer Membership Interest in a Florida LLC As is the case in most states, a Florida LLC’s owners are known as its Members. Their ownership in the company is known as their “membership interest.” While transferring membership interest in …
When Should You Start Estate Planning?
Why You Should Start Estate Planning Now With the Help of Our St. Petersburg Law Firm The fact of the matter is that it’s never too early to start planning your estate. It’s a common misconception that it’s only for people approaching old age or …
What are the Different Types of Revocable Living Trusts in Florida?
Different Types of Revocable Living Trusts in Florida A revocable living trust is an entity separate from yourself that you create to make transferring property and other estate planning matters a little easier upon your death or incapacitation. As the name suggests, this trust can …
Could Your Florida Estate Plan Benefit from a Revocable Living Trust?
Pros & Cons of Using a Florida Revocable Living Trust for Estate Planning A revocable living trust is an entity formed to hold your assets, property, and other relevant possessions on your behalf. There are many reasons to consider using a revocable living trust as …
Considerations for Forming a Florida Limited Liability Company (LLC) for Real Estate
4 Considerations When Forming a Florida Limited Liability Company (LLC) for Real Estate For individuals who own real estate in Florida, it is important to consider the best way to structure your ownership, such as by holding your property in a Florida LLC. When you …
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