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 […]
Key Insights on New York’s Transfer on Death (TOD) Deeds Read More »
Navigating probate procedures, especially for those with ties to Camp Lejeune, can be complex. That’s where we come in.
Navigating Probate: Camp Lejeune Veterans and Beyond Read More »
The words “probate” or “court”, independent of each other, commonly cause anxiety and sometimes, even fear. Those emotions are heightened when you or a loved one is faced with having to go through the probate process after having suffered the loss of someone near and dear. In the event you or a loved one is
Florida Probate: Dealing with a death is tough enough without having to navigate a complicated probate. Learn more about the Florida probate process today.
Florida Probate: Understanding the Process After a Loved One’s Death Read More »
If you are interested in opening a Florida probate, your Florida attorney will follow these initial steps to open the estate. Deposit Original Will If the decedent (the person that passed away) had a Will, the person that possesses the original Last Will either sends it to the attorney, or files it with the county
First Steps to Opening a Florida Probate Read More »
What is a power of attorney? A power of attorney, usually abbreviated as “POA,” is a personal agent appointed by a principal to assist with the day-to-day financial affairs due to incapacity, inconvenience, or other reasons. In many cases, the agent acts alone on behalf of the principal when they are unable to do so.
What is a POA and are they important? Read More »
How to dispose of your assets in Florida through a Last Will.
How to Create a Simple Will Read More »
Avoiding probate comes in many forms. One of those is by ensuring you create payable-on-death accounts with your financial institutions.
The Importance of Making Your Accounts Payable-On-Death Read More »
The step-up in basis reduces the capital gains tax on inherited assets. It is an effective way to preserve an inheritance and save money.
A Step-Up In Basis to Reduce Capital Gains Read More »
A properly drafted LLC may very likely avoid Florida probate. Many individuals use the limited liability company (“LLC’) to own rental property in Florida for asset protection and to limit personal liability. It is the favored entity for closely-held businesses and family investments. Many families see the LLC as a substitute to the irrevocable trust or
Can an LLC Operating Agreement Avoid Florida Probate? Read More »
