A Step-Up In Basis to Reduce Capital Gains
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.
Property
Lady Bird Deeds: Can I Get One in Florida?
A Lady Bird Deed can be very useful for your estate planning needs.
Avoid Florida Probate for your Family
The Florida Probate process is so famous for its delays, costs and aggravation that most people try to avoid it, if possible. Some people, however, are known for saying something along the lines of, “It won’t matter, I will be dead.” (insert canned laughter). While it is true that your probate would occur after your …
Fiscally Fit & Physically Fit in 2021
I’ve found that all my clients already have that internal will power and motivation but just need to tap into it.
21 Reasons 2021 is the Year of the Estate Plan
If you’ve delayed getting your estate planning documents together, this year, 2021, is the year to get it done. Think about it. You are stuck in this pandemic which took away your control over so many things. You cannot travel and visit with others as you wish. This entire time can be viewed as a complete time waster, if we do not act to create something of value. How about using 2021 to create the joy of accomplishment?
Do Florida Parents Need Revocable Trusts?
If you have young kids, a cookie-cutter estate plan won’t work. Do Florida parents need revocable trusts? Parents of young kids need estate plans as unique as their own children.
Change Last Will in Florida
When big changes happen, you may need to revise your last will and testament or other estate planning document. But how do you make sure those changes are legal and effective? The Law Office of Lori Vella can help.
Florida Probate in a Nutshell
Probate is a fancy legal term for the court-supervised process of determining what happens to a person’s property after they pass away.
Why Do I Need a Will?
In celebration of “Make a Will” month, this month we will feature blogs solely dedicated to Last Wills and Testaments. We hope this information will encourage you to finally get your affairs in order and take advantage of “Make a Will” month.
Florida Homestead—A Privilege and a Burden
The Florida Constitutional Homestead exemption can be viewed as both a privilege and a burden. A privilege as it offers protection, but a burden as it places limits as to what you can do with your property after death.