by Monique | Jan 20, 2021 | Avoiding Probate, Estate Planning
Every adult needs to have an estate plan in place. An estate plan is a plan that lays out who is in charge and what will happen when a person is incapacitated or passes away. The estate plan usually includes documents such as a will, living trust,...
by Monique | Nov 25, 2020 | Avoiding Probate, Estate Planning, Estate Planning for Parents, Probate, Transferring Wealth to the Next Generation
An enhanced life estate deed, also known as a ladybird deed, is an effective way to transfer real property on the death of the owner without going through probate or using a revocable trust. This allows a property owner to retain lifetime ownership of their...
by Monique | Jun 24, 2020 | Avoiding Probate, Estate Planning, Probate, Transferring Wealth to the Next Generation
Florida homeowners may not realize the Florida Constitution imposes certain rights and restrictions on their homestead property. Although there are specific requirements for a home to be considered a person’s “homestead,” generally it is an owner’s permanent...
by Monique | Apr 18, 2019 | Avoiding Probate, Estate Planning, Revocable Trusts
An Assignment of Personal Property assigns all of your personal property to your trust, except for vehicles like automobiles, boats and jet skis. This usually avoids the burdensome task of inventorying, appraising and probating expensive items like electronics and...
by Monique | Apr 15, 2019 | Avoiding Probate, Estate Planning, Revocable Trusts
Your Revocable Trust (also called a Living Trust) is a valuable tool that helps you manage assets during life and upon your passing. The trust will use your social security number during your life and all losses and gains will be reported on your tax documents as if...
by Monique | Mar 21, 2019 | Avoiding Probate, Estate Planning, Guardianship
A durable power of attorney appoints an agent to manage your legal and financial affairs and gives the agent signature authority over your accounts. It is effective immediately upon signing and it continues to be valid and effective during any period of incapacity....
