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Yearly Archives: 2015

What happens when you can’t find the Will?!

Uncategorized Jan 24, 2015
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There are certain instances in Florida probate cases where the absence of an original version a Florida will can create serious problems for those anticipating an inheritance.  For instance, let’s say that you were a close friend of a decedent from Aventura who promised to leave you a significant portion of his assets.  Let’s further suppose that only a copy of his will was found – no original.  What happens?

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Tying the knot? 4 reasons why you need a Prenuptial Agreement in Florida…

Uncategorized Jan 22, 2015
post about Tying the knot? 4 reasons why you need a Prenuptial Agreement in Florida…

Marriage is a big part of estate planning.  It can have a drastic effect on your assets and property, and, when you die, an even bigger effect of the inheritance of your heirs.  So, when people ask me “Do I need a prenuptial agreement in Florida“, I always advise that a prenup should not be considered a dirty word, but rather a tool to ensure estate administration goes smoothlyafter the death of one of the spouses.

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Young Hollywood celebrities shed light on the importance of Guardianship in Florida.

Uncategorized Jan 22, 2015
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In Florida, a Guardianship is used to protect the health, welfare, and property of a person who has become mentally incapacitated. The typical case for guardianship in Florida is the unfortunate but common instance of an elderly person with dementia.  In guardianship, Florida courts will actually removed some of the rights of the incapacitated person (called a “ward“) and appoint a guardian to act on the ward’s behalf.

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Are Qualified Personal Residence Trusts (QPRT) still a good idea?

Uncategorized Jan 22, 2015
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This week, valuewalk.com published “How QPRTs Went From Effective Estate Planning To Time Bomb”, an article on the the use of Qualified Personal Residence Trusts (“QPRTs“) to save on estate taxes.  The article comes after the new 2015 federal estate tax exemption increase.  A QPRT is aFlorida estate planning technique that can help reduce the size of your estate taxes byreducing the number of assets have to go through the probate process.

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How to create a Durable Power of Attorney in Florida. (Florida Power of Attorney Act)

Uncategorized Jan 22, 2015
post about How to create a Durable Power of Attorney in Florida. (Florida Power of Attorney Act)

A Florida Power of Attorney is a legal document granting certain authority from one person to another. In the document, the creator of the Power of Attorney (called the “principal“) grants someone the right to act on his behalf. The person who is acting for the principal is called his “agent“.  What specific actsthe Power of Attorney gives the agent the authority to conduct depends on the particular language of the Power of Attorney. A principal can make a POA very broad or may limit it to certain specific acts.

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