As any Floridian knows, May typically marks the time when many of our out-of-state visitors or part-time residents head back to their permanent homes. You may have read that more people are moving to Florida due to COVID-19 or for more affordable rent. In fact, many begin as vacationers, evolve […]
Estate administration in Florida involves a court-supervised process to determine what heirs will inherit from a deceased person’s estate. In Florida, there are two primary forms of probate administration including: Formal administration: This is used when the total value of a decedent’s (i.e., the deceased individual) estate is valued at […]
A Last Will and Testament, or Will for short, is one of the most popular and well-known estate planning documents used to help individuals prepare for the future of their estate once they pass away. It is a formal legal document that outlines a person’s last wishes. Wills must be […]
Generally assigned within your will or trust, a personal representative is an individual or institution that you select to administer the particulars of your estate. This means that your personal representative is required to adhere to the instructions and guidelines provided in your will and trust as closely and […]
A Last Will and Testament is a formal legal document stating how you want your assets distributed when you pass away and who will be in charge of administering your estate. This important document helps make sure that your estate is handled according to your wishes. However, in Florida, what […]