Switch to ADA Accessible Theme
Close Menu
+

Recent Blog Posts

CouplePlanning

4 Reasons Why You Should Avoid the Probate Process in Florida

By Legacy Protection, LLP |

After your death, your surviving loved ones will determine if there are assets of yours that need to go through probate.   Probate is a court-supervised process where a Personal Representative is appointed by the Court, and your assets are distributed to your creditors and surviving heirs.  Probate is very easy to avoid if you… Read More »

Facebook Twitter LinkedIn
EstatePlanning2

Spendthrift Trust: What Is It and What Are the Benefits?

By Legacy Protection, LLP |

In Florida, anyone can create a revocable or irrevocable trust to maintain control over the distribution of assets, minimize estate taxes, avoid probate, and provide protection for beneficiaries. One of the many types of protections offered by trusts is the so-called “spendthrift trust.” What Is a Spendthrift Trust? A “spendthrift trust” prevents creditors of… Read More »

Facebook Twitter LinkedIn
EstatePlanning4

Intestate Succession in Florida: Everything You Need to Know

By Legacy Protection, LLP |

Many people do not have a will or other estate plans in place to control the disposition of their assets upon their death.  If you are one of these people, there is a possibility that the state of Florida would decide how to distribute most of your assets upon your death. The process is… Read More »

Facebook Twitter LinkedIn
SignWill

Florida Law Allows Remote Notarization of Estate Planning from July 1, 2020

By Legacy Protection, LLP |

Florida’s remote signing law went into effect on July 1, 2020, allowing people to notarize their estate planning documents remotely without having to leave their home. The new law now allows remote notarization for all types of estate planning documents, including wills and trusts.  Before, Florida law required the physical presence of the witnesses… Read More »

Facebook Twitter LinkedIn
Couple

Why Estate Planning is Critical for Unmarried Couples in Florida

By Legacy Protection, LLP |

While estate planning is essential for married individuals, it is no less important for unmarried couples. In fact, creating an estate plan may be even more critical if you are dating someone but have not married yet.  With more and more individuals deciding that marriage is not an option for them, it is important… Read More »

Facebook Twitter LinkedIn
Inherit

How Can You Protect Your Child’s Inheritance from Their Spouse?

By Legacy Protection, LLP |

In some families, parents do not get along with their son-in-law or daughter-in-law. If you think that your child’s spouse is not trustworthy or you want to protect your child’s inheritance from their spouse for any other reason, you may need to consult with an experienced St. Petersburg estate planning attorney. Many people who… Read More »

Facebook Twitter LinkedIn
Trusts

Are Out-of-State Wills Valid in Florida?

By Legacy Protection, LLP |

If you are considering moving to Florida, or have already moved to the Sunshine State, you may be concerned about the validity of your out-of-state Will.   If you are a new resident of Florida, is your previous Will created in another state still valid? In Florida, any out-of-state Will is valid as long as… Read More »

Facebook Twitter LinkedIn
EstPlan18

Pour-Over Will in Florida: What is It and What Are the Benefits?

By Legacy Protection, LLP |

A pour-over Will can be an important addition to your estate plan.  In Florida, a pour-over Will transfers any probate assets into your Trust upon your death, hence the nickname “pour-over.”   The Will simply names the Trust as the beneficiary of your probate estate.  Your Trust then ensures that your assets will be distributed… Read More »

Facebook Twitter LinkedIn
EstPlanFam

The Need to Plan for Guardianship of Minor Children

By Legacy Protection, LLP |

When people think about estate planning, most people believe it is only for the elderly or the wealthy.  Moreover, many people believe that estate planning is only for those individuals who have family disharmony or need to minimize estate taxes.  However, many young individuals tend to overlook an important aspect of estate planning: planning… Read More »

Facebook Twitter LinkedIn
EstatePlanning3

4 Mistakes to Avoid in Estate Planning During the Coronavirus Pandemic

By Legacy Protection, LLP |

As doctors urge Americans to establish their estate plans amid the coronavirus pandemic, an increasing number of people are taking this advice seriously.  During these times of uncertainty, Americans are working with their families to decide what is best for them. Some are updating their current plans and others are establishing a plan for… Read More »

Facebook Twitter LinkedIn