When someone asks you to serve as the trustee of their estate, you should ensure that you have legal counsel to assist you with this monumental task. Trustees have a fiduciary duty to the trust's beneficiaries, and they have a significant amount of responsibility. Additionally, your attorney has a command of the current laws that govern trusts and will advise you in accordance with them.  Before we explore why Read More

If you become a personal representative during a Florida probate case, it is almost always required that you have legal representation. (In Florida, the executor of an estate is referred to as a personal representative.) An exception is the rare instance when the personal representative is also the sole interested person. An interested person is “any person who may reasonably be expected to be affected by the outcome Read More

As estate planning tools, trusts have valuable benefits. They enable you to control how and when your property is distributed after you pass, reduce gift and estate taxes, and avoid the delays and costs of probate. The downside is that when a trust contains a significant amount of money and property, it can cause conflict.  You can contest a trust in Florida if you are one of its beneficiaries. Sometimes, doing so Read More

When you place assets into a trust—commonly called funding—the trust legally owns them. Trusts can be used to avoid probate for this reason. Hypothetically, if everything you own is in one, you don’t technically have any assets. Estate planning attorneys can create specific types of trusts that allow you to access things such as your home while you are alive. However, after you pass away, your designated trustee Read More

As a firm that works closely with clients involved with probate litigation, we have discussed why people contest wills, trustees who fail to uphold their fiduciary duties, and how an attorney can assist you during this process. When people draft wills or create trusts, they choose beneficiaries. Some of them may be minors, and there could even be beneficiaries that have yet to be born. (E.g Imagine a grandparent who Read More

Let’s define our terms. A trustee manages the assets that have been placed into a trust. In Florida, the person who created the trust is the grantor. It is common for the grantor to be the trustee when they are alive. However, there will come a time when the grantor becomes incapacitated or passes away. When the trust was created, the grantor designated a trustee to oversee and administer the trust per the grantor’s Read More

When someone is believed to be incapacitated, others may file for guardianship over that person. Ultimately, their goal is to receive the legal authority to make decisions on their behalf. There are numerous reasons why someone could contest a guardianship: The family members cannot agree as to who will become the guardian. The person believes they are not incapacitated and is capable of making their own Read More

This comes in a variety of ways. People need to be updating and modifying their estate plans throughout their lives. Consider the person who has children, gets divorced, remarries, and has more children. Those events are reasons to create or modify an estate plan or a will. To be clear, a will is one element that people may include in their estate planning process. Using the scenario above, what happens if that Read More

Although any adult with assets should have an estate plan, not everyone decides to create them. Are they required to? No, but failing to do so could be at the expense of their family, friends, and loved ones.  When someone passes away without an estate plan, they have died intestate. Their assets go through probate. An executor uses those assets to pay off outstanding debts. Anything that remains gets distributed Read More

When someone passes away, their estate often has to go through the probate courts before any inheritance is distributed to the next of kin. Part of this process includes selling any debts that were owed by the estate. If the estate does not have enough cash assets on hand to settle the debts, the probate court will require that assets are sold to cover the expenses. In many cases, this means that a home or other Read More