Category: Estate Planning

What are a Trustee’s Duties in Florida? 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 …

What is Probate? 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 on can help offset future …

Can You Avoid or Reduce the Time Spent in 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 …

Florida Probate 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 in …

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 …

Why You Should Start Your St. Petersburg Estate Plan Now 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 those who already have a significant …

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 …

Pros & Cons of Using Revocable Living Trusts for Florida Estate Plans 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 a …

Estate planning—it is an incredibly important tool, not just for Saint Petersburg’s uber wealthy or those thinking planning on retiring in St. Petersburg. On the contrary, estate planning is something every adult should do, including both single individuals and married couples. Estate planning can help …