Monthly Archives: June 2020
Decoding The Florida Homestead Laws
When one is preparing their estate planning documents, one of the issues that may cause confusion is the Florida homestead, and its exemption from bankruptcy or judgment creditors. This can be of great help for your beneficiaries, ensuring that more of your estate makes it to them rather than winding up in the pockets… Read More »
Florida Domicile & Residency 101
Florida’s population is growing over time, expected to hit 23 million residents by 2025. While this means that there will be more Florida residents, this also means that many more people will choose to make Florida their domicile – essentially their legal residency. While all it takes to be a resident in the colloquial… Read More »
What is an Advance Directive?
An estate plan is typically seen as a way to prepare for what happens to your assets and your property after you pass away. As important as this is, there is more to estate planning than simply deciding who gets what. Other estate planning instruments are designed to come into effect while you are… Read More »
Is A Holographic Will Valid In Florida?
When most people make a will, they do it with the help of an attorney, or at least with the assistance of friends to act as witnesses. However, in rare situations, a person might execute what is called a holographic will, which is a will made out entirely in the testator’s own handwriting (an… Read More »
Formal and Summary Probate In Florida
When a person passes on, their estate is subject to probate if they have any assets in their name that do not automatically pass to someone else. There are two different ways that an estate can go through probate in Florida – summary administration and formal probate. The estate of your deceased loved one… Read More »