Author name: Attorney Lori Vella

Estate planning for Baby Boomers and the Gray Wave

Navigating the Gray Wave: Why Baby Boomers Need Thoughtful Estate Planning Now

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As Baby Boomers—those born between 1946 and 1964—reach retirement age, they’re driving a phenomenon known as the “Gray Wave.” This generational shift is resulting in one of the largest wealth transfers in history, bringing unique estate planning needs and considerations to the forefront. With Baby Boomers prioritizing legacy and family, the time for thoughtful and […]

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Why Directing the Sale of Your Homestead in a Will Could Strip Its Protection: Insights from Knadle v. Estate of Knadle

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Florida’s homestead protections are some of the strongest in the nation. They shield a person’s primary residence from creditors and provide special benefits for heirs. But what happens if your will directs the sale of that homestead? As the case of Knadle v. Estate of Knadle, 686 So. 2d 631 (Fla. 1st DCA 1997), shows,

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The estate netflix estate planning

The Estate: Laughing Through Family Feuds and Inheritance Battles!

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If you thought your family gatherings were stressful, wait until you watch The Estate! This Netflix comedy takes a wild, funny, and sometimes heartwarming look at what happens when a family fights over an inheritance. With its quirky characters and laugh-out-loud moments, The Estate is a must-watch for anyone who’s ever wondered how estate planning

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couple signing a prenuptial agreement in Florida.

Rachel Lindsay’s Reality Check: Why Florida Prenuptial Agreements Are a Must

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Rachel Lindsay, the attorney-turned-reality star, has made headlines not just for her time on television but now for a significant life event—paying alimony to her husband. This situation brings a critical issue into focus: the importance of prenuptial agreements, especially for high-profile individuals like Lindsay. For Florida residents, understanding how prenuptial agreements work can be

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estate planning hurricane florida

Estate Planning in the Wake of Hurricanes in Tampa Bay: How to Protect Your Assets and Loved Ones

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As Florida residents, we are no strangers to hurricanes, with two significant storms recently impacting the state and causing widespread damage. While we take precautions to safeguard our homes and loved ones during these events, we often overlook the importance of planning for the legal and financial consequences of such natural disasters. In the Tampa

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elder law estate planning

Estate Planner’s Role in Working with Elderly Clients and Their Children

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When estate planners work with elderly clients, the dynamic often involves not just the client but also their adult children. Managing these relationships requires a delicate balance to ensure that the client’s wishes are respected while also addressing the concerns of their children. This blog explores the estate planner’s role in navigating this complex dynamic

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Contesting a Will in Florida

Understanding the Reasons to Contest a Will in Florida

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When a loved one passes away, the contents of their will often reflect their final wishes regarding the distribution of their assets. However, there are times when those wishes may be contested. In Florida, there are specific legal grounds on which a person can contest a will. Understanding these reasons can help you determine if

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Enhancing Asset Protection in Florida: The Case for Multi-Member LLCs

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When it comes to asset protection in Florida, structuring your business correctly is crucial. The debate between single-member and multi-member LLCs often surfaces, especially in light of significant case law that has shaped how asset protection is viewed. In this post, we’ll delve into why having more than one member in your LLC can provide

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Intersection of Lady Bird Deeds and Reverse Mortgages in Florida

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As a Florida estate planning attorney, you may often encounter clients with complex financial and property arrangements. One common question is whether a Lady Bird Deed, also known as an enhanced life estate deed, can be used on a property with a reverse mortgage. The short answer is yes, but there are several important considerations

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Understanding the Doctrine of Necessaries in Florida and New York

Key Insights on New York’s Transfer on Death (TOD) Deeds

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As of July 19, 2024, New York State has introduced Transfer on Death (TOD) deeds—a groundbreaking development for property owners. This new law allows property owners to transfer their real estate directly to beneficiaries upon death, bypassing the often lengthy and costly probate process. Here’s a breakdown of what you need to know. Understanding the

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