Janet and Bobby G. were living in Texas when they started their life together as man and wife. After 20 years, they moved to Florida. As a married couple living in Texas, most of their assets were considered community property, but Florida is not a community property state. As new Florida residents, they needed to explore...
If you’ve seen one Will, you’ve seen them all, right? Actually, your Will is a very personal expression of your wishes. It’s your voice giving one final message to the world. Some people take it to the next level by writing some slightly weird Will provisions. Whether your last testament is a living will or another...
If you own a business, ask yourself this question: What will happen to my business when I can no longer work? Fortunately, a business succession plan due to an owner’s incapacity will assure a smooth transition. The best way is to develop plans before incapacity strikes. Start Your Business Succession Plan at the Beginning Legal documents...
THE IMPACT YOUR ESTATE PLAN WILL HAVE ON THE MOST IMPORTANT PEOPLE IN YOUR LIFE You sat down with your estate planning lawyer years ago and mapped out a strategy to provide for the most important people in your life once you are gone. Or maybe you didn't. You reviewed your estate plan annually and adjusted...
Mistake or error? A mistake can result from carelessness, poor judgement, or a lack of knowledge. An error is a deviation from accuracy or correctness. Their is both a mitake and an error in this sentence. "Their is" should be "There are." Those are errors. "Mitake" is a mistake. Some mistakes don’t show up right away....
There’s more than one way to own property. Most people, though, just own it outright. Their name shows up in the county deed records for all to see. What if there was another way to own property, a way that may offer more privacy and protection? Read on to learn more about the benefits gained by...
When a friend or loved one asks us to do something, we often say yes without giving the request any deep thought. But some requests carry with them responsibility and even potential liability, like being named an agent in a durable power of attorney or the trustee to a trust. If you’re thinking of agreeing to...
You spent summers there, squishing sand between your toes while ocean breezes ruffled your hair. Your own children played under the lofty pines in the front yard while discovering the house’s secrets and building lifelong bonds. Now, your grandchildren eagerly await their time on the front porch swing with you. Preserving memories is important. Keeping your...
Shortly before their wedding, Mack and Julia opened a business that manufactured and distributed small electronics. Their three partners were Mack’s friends from college. After 12 years, Mack and Julia decided to divorce and began dividing up assets. As business owners, they now had to consider how to handle their business during their divorce. Basic Considerations....
Florida executor requirements are stringent. Choosing the right personal representative for your estate is an extremely important decision. Personal representatives take on responsibilities and duties that will affect loved ones. This is not a decision to be taken lightly, so you may want to consider some of the following qualities when looking for your ideal personal...
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