How to Create a Simple Will
How to dispose of your assets in Florida through a Last Will.
estateplanning
Can an LLC Operating Agreement Avoid Florida Probate?
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 »
What Do I Do if it’s Too Late to Appoint a Power of Attorney?
This past year has really tested the waters for most of the world, and one thing we should have learned is that no matter how health your loved ones are, it is probably a good idea to think about appointing a power of attorney (“POA”).
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 …
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.
Pandemic Planning-Wills, Trusts and More
People under the age of 65 account for more than 20% of COVID-related deaths in the US. However, young people are less likely to have estate planning documents, like a will or advanced directive, in place than those of older adults. This means that many people who are dying from coronavirus likely do not have documents in place to dictate who cares for their children or what happens to their home or money.
Estate Planning Must Change to Respond to COVID-19 Concerns
Estate Planning must modernize and change with the new coronavirus
What is a DNR under Florida law
In reality, a “do not resuscitate” order finds its most useful application with a person suffering from a long-term illness. In that situation, one should clearly express their wishes in advance, rather than leave this heart-wrenching decision to the loved ones. Loves ones often face, not only conflicting opinions, but strong guilt and indecisiveness
What You Need to Know if you Have an IRA (SECURE Act changes) Part 2
This blog will focus more specifically on changes made to the beneficiaries that receive your IRA dollars in the future, after your death. I want to give you a snapshot of some issues so you can explore them in greater depth.