Monthly Archives: October 2020
4 Types of Wills for Estate Planning in Florida: Which One Do You Need?
A Will – or formally called a Last Will and Testament – is considered the most important estate planning document that most people can have. After creating a Will, you can have complete control over how your assets are distributed after your death. A well-drafted and executed Will can give you peace of mind… Read More »
Can You Terminate an Irrevocable Trust in Florida?
Contrary to popular belief, even an irrevocable trust can be terminated. It may be possible to terminate a trust if the trust is not serving the interests of the beneficiaries or if the trust purpose has been frustrated or impracticable. Terminating an irrevocable trust in Florida can be complicated, which is why it is… Read More »
Tenancy in Common: What Is It and What Are the Benefits?
Tenancy in common is one of three types of concurrent ownership recognized by Florida courts. Joint tenancy is a term used for when two or more persons own the same asset or property. To begin, there are two other types of co-ownership: Tenants by the entirety. This type of concurrent ownership is available only… Read More »