Probate verifies a will's legality, facilitates asset distribution and provides an opportunity for heirs to contest a will. In Florida, no-contest clauses are unenforceable and do not prevent will contests. Fortunately, these strategies can discourage your heirs from...
Owning a business in Florida involves a lot of moving parts and requires you to constantly think of the future. Inadequately planning for unforeseen circumstances could cause your organization to crumble under pressure. A succession plan is an excellent way to fortify...
You have many options when it comes to business formation. If you decide you want to start a corporation, you will have to choose which type. One option is the S-corp. The IRS defines this type of corporation as one that passes the burden of taxes to the owners. This...
A common part of estate planning is a will, which allows you to establish how you want to distribute your assets when you die. However, it requires your loved ones to go through a long and costly process called probate. Thankfully, there are ways to avoid it....
When dealing with renters, there are several pitfalls that many landlords may fall into. It is important to try to avoid these issues to have a healthier and more secure rental situation. But what are the pitfalls that should get avoided? And how exactly does a person...
The executor of an estate has a crucial role in many ways. It is important for them to have a thorough run-down of what to expect before they take on the job. But what duties do executors have, exactly? What sort of things do they watch over when it comes to managing...
You may consider purchasing a commercial property as an investment. There are several things you should keep in mind as you begin your search. You may prefer to leave real estate to your family because it can provide them with income later on. According to Realty Biz...
Nowadays, a solid estate plan might require a close look at your digital footprint, in addition to having important documents such as a will and a durable power of attorney in place. What you need depends in part upon your lifestyle and how much you embraced social...
Many Americans do not have wills. According to AARP, the majority of people over the age of 18 do not have one. For obvious reasons, most people in their 20s do not think about estate planning. However, starting your will in your 20s gives you a headstart later. What...
Splitting your assets is one of the most challenging parts of a divorce. When it comes to the family home, you may have a lot of sentimental reasons for wanting to stay or having difficulties separating from it. In addition to the emotional aspects of determining how...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.