No, paralegals cannot do estate planning on their own, but they can provide support in estate planning under attorney supervision. Paralegals are …
The phrase “individually and as trustee” typically identifies that a person is acting both personally and as the trustee of a trust. …
Attorney Hospital Visits Some estate planning attorneys visit hospitals, but it is not a common practice. Estate planning attorneys typically work in …
If you were to pass away, the immediate consequences for your child will depend on several factors, such as your child’s age, …
No, you should not use a lady bird deed to move property into a community property trust in most circumstances. Property deeded …
Yes, you can remove the remaindermen from a lady bird deed without ever informing them of your actions. Removing the remaindermen from …
Although community property trusts are a powerful way to potentially pay less in taxes, they also come with some disadvantages. The trusts …
In Florida, there is no legal title called “godparent.” However, you can designate someone to be the guardian of your children if …
Florida recently passed the Community Property Trust Act. According to the new law, you can now create a trust in Florida for …
Owning a dog is a big responsibility. This is not news to any good pet owner, but it does bring up an …
Yes, you can still get the Florida homestead tax exemption if your property is in trust, as long as you (1) have …
5 Types of Wills for Florida Estate Planning There are five types of valid wills in Florida. 1. Simple Wills A simple …
If you have a child with special needs receiving government benefits, you are likely already aware of the income and asset requirements …
Why do people name a trust as their life insurance beneficiary? If you have created a living trust as part of your …
The IRS probably cannot attach a lien to the remainder interest created by a lady bird deed, but it can attach a …
No, a trust is not generally required to file a tax return if there is no income. However, even a small amount …
Yes, a trustee can also be a beneficiary of that trust. In fact, this is done commonly, especially with spouses. You might …
Trusts are frequently used in estate planning. A trust can help you avoid probate, provide asset protection for your beneficiaries, and let …
All trusts can be broadly broken down into two big categories: revocable and irrevocable. A revocable trust is a trust that can …
I love the Florida Lady Bird Deed (otherwise known as an “Enhanced Life Estate Deed” or a “Lady Bird Trust”). It is an …
Yes, you can put a house with a mortgage in an LLC, but you should take steps to ensure that this action …
The Florida documentary stamp tax is an excise tax on certain documents, including real estate deeds, easement transfers, lease assignments, certificates of …
In Florida, you can put a house with a mortgage into a revocable living trust. However, if you do so, you may …
A will is an estate planning document that generally determines who gets your probate assets after you pass away. An estate is …
No, a Florida certificate of trust does not need to be notarized. However, it should be signed by a trustee. What is …
What is joint tenancy and tenancy in common? Joint tenancy and tenancy in common are two different ways of being co-owners of …
No, homestead property is not a probate asset in Florida. However, the Florida probate court is still often involved in the transfer …
The first estate planning tool that most people think of is a last will and testament. However, there are a number of …
