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Monthly Archives: December 2021

UndueInf

What Exactly Is “Undue Influence,” And How Can I Avoid It When Making My Will?

By Legacy Protection, LLP |

The phrase “undue influence” is often used when discussing contested probate estates. The basic idea is that a will (or trust) should be considered invalid because some person engaged in improper action to procure the document in question. For example, let’s say Emily has three adult children. One of these children, Scott, cares for… Read More »

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What Is An Insolvent Estate?

By Legacy Protection, LLP |

The normal process for administering a Florida probate estate involves gathering the assets owned by the deceased, paying any outstanding debts and expenses, and then distributing whatever is leftover to the beneficiaries of the estate. But what happens when the estate’s debts and expenses exceed its assets? In legal terms, this is known as… Read More »

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Does A Revocable Trust Have To Pay Federal Income Tax?

By Legacy Protection, LLP |

Revocable trusts are the simplest form of trusts used in estate planning. A trust is a legal arrangement whereby a grantor transfers certain assets to a trustee, who then holds those assets for the benefit of certain beneficiaries. In the typical revocable trust, these are all the same person. That is to say, if… Read More »

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How Long Does The Probate Process Take In Florida?

By Legacy Protection, LLP |

Probate is known to be time-consuming, but how long does the process actually take? Is the length of the probate process measured in weeks, months, or years? It is advisable to consult with a St. Petersburg probate litigation lawyer to review your situation and determine how long the probate process will take in your… Read More »

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