In an effort to protect their children’s interest in a Florida home, some elderly citizens opt for putting their child’s names on the deed before death. Can you gift a house to adult children to…
It is rare to find someone who dies without owning a bank account in Florida. A common question is whether the bank can release funds without probate, as the decedent’s loved ones often need the…
Limited liability companies (LLCs) are a unique type of business structure that combines the characteristics of partnerships and corporations. As its name suggests, it offers limited liability, which explains why many Florida residents form LLCs…
Probate is the court-supervised process to distribute the estate of a deceased person to the rightful heirs and beneficiaries. Depending on the size and complexity of the decedent’s estate, it may result in a stressful…
The last will is the document in which a testator (the person creating the will) outlines his or her wishes on how the estate should be distributed, appointing or excluding the persons who will inherit…
Under Florida law, the general rule prohibits individuals from completely disinheriting their spouses. Completely removing the rights of a deceased person’s spouse may result in severe consequences. In this article, you will find out the…
When multiple individuals inherit the same property during probate, they might not have the same goals in mind. If there is no agreement between the parties on whether the property should be used or managed,…
In Florida’s formal administration, the personal representative is the individual appointed by the court to administer and execute the decedent’s estate. One of the responsibilities of the personal representative is to settle outstanding creditors’ claims…
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