How to Find a Good Trustee in Florida

Trusts, once thought to be estate planning documents only for the rich and famous, are being used by estate planners of all stripes and net worths. This legal arrangement transfers ownership of certain assets from an individual to the trust itself, which allows families to avoid probate (among other benefits).  The important people involved in a trust are the grantor (creator of the trust), beneficiary, and trustee. The trustee distributes the ...
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Which Power of Attorney Type Do You Need?

The term “power of attorney” is one that many people have heard in the context of estate planning. Simply put, power of attorney, which is a legal document, gives someone (the agent) to act on behalf of the document’s creator (the principal). What some people do not know is that there are multiple powers of attorney available to Floridians; this legal tool can do much more than allow someone to keep up with another person’s bank ...
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Why You Need to Update Your Estate Plan During Your Divorce

No matter how amicable your divorce is, make no mistake: it IS a major life event. In many ways, it is the death of your previous life to pave the way for your new life. Necessary as divorce may be, it can still be overwhelming for many spouses. During this difficult time, it’s completely understandable for some things to slip through the cracks. One of these items is estate planning.  First, some good news: even if something were to happen to ...
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4 Ways to Hold Your Real Estate Title in Florida

Closing on a real estate transaction is always a hectic time, and it is easy to overlook small details in the mix. Something rarely planned for properly is the title to the property. When a real estate transaction closes, the title interest of the property changes from the previous owner to the buyer. What the buyer decides to hold as their title determines what could ultimately happen to the house, but most buyers don’t even know the difference ...
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Is a Life Estate Deed an Effective Estate Planning Tool?

Written by: Nataline Garcia, Esq. Many people come to me with the idea of creating a life estate deed to transfer their interest in their property. They believe it is a quick, affordable and effective way of protecting their interest in property. This article will explain the many foreseeable drawbacks in having a life estate deed prepared in place of other estate planning tools. A life estate deed effectively gives property away during the ...
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