Switch to ADA Accessible Theme
Close Menu
+

Recent Blog Posts

EstP1

What Is The Time Limit For Creditors To File A Claim Against A Deceased Person’s Estate?

By Legacy Protection, LLP |

When you open a formal probate administration in Florida, it is best practice to wait distributing the decedent’s assets until after all of the debts have been determined.  For this reason, creditors have a specific time limit to file claims within a decedent’s estate. Failure to make a claim within the applicable time limit… Read More »

Facebook Twitter LinkedIn
EstateAdmin

Can You Reopen An Estate If New Assets Are Discovered After It’s Closed?

By Legacy Protection, LLP |

It is not uncommon for additional assets to be discovered after an estate is closed. But can you reopen an estate that was closed if new assets are discovered after the closing?  In Florida, courts may consider to re-open an asset for any assets that were hidden or not otherwise uncovered during the original… Read More »

Facebook Twitter LinkedIn
Probate6

What Fees And Expenses Can You Expect During The Probate Process In Florida?

By Legacy Protection, LLP |

Generally, the cost of probate depends on a variety of factors, including the number and value of assets. Many people do not understand what fees and expenses they can expect during the probate process.  It’s important to understand the types of expenses than can be incurred during an administration so your Personal Representative can… Read More »

Facebook Twitter LinkedIn
CoupleEstate

Should You Transfer Your Homestead Into A Living Trust?

By Legacy Protection, LLP |

Many Floridians choose to set up a Living Trust as part of their estate plans. There are numerous benefits of having a Living Trust. One of the many benefits is that it helps avoid the lengthy and costly probate process. A Living Trust can be executed when the Grantor (the person who creates the… Read More »

Facebook Twitter LinkedIn
WillDocument2

What Is A Mutual Will Agreement In Florida?

By Legacy Protection, LLP |

As estate planning lawyers, we often get asked about Joint Wills and Mutual Will Agreements. If you are a married person who wants to set up an estate plan, you may have thought about creating a Mutual Will. It is not uncommon for spouses to want to combine their Wills by using a Joint… Read More »

Facebook Twitter LinkedIn
EstPlan23

How Do Florida Courts Determine Mental Incapacity?

By Legacy Protection, LLP |

The terms “capacity” and “incapacity” are often used in estate planning documents and laws, but many people do not understand the legal significance of these two words.  Depending the context, these terms can have vastly different meanings. What is Testamentary Capacity? One of the requirements to execute a valid Will is to be over… Read More »

Facebook Twitter LinkedIn
EstPlanning

Should I Create A Will Or A Revocable Living Trust?

By Legacy Protection, LLP |

Clients often ask our attorneys, “Is it better to have a Will or a Revocable Living Trust?”  It is important to understand that each person/family is different, and what is best for your neighbor may not be best for you.  When deciding which estate planning tool is best for you, it is important to… Read More »

Facebook Twitter LinkedIn
EstateDispute

What Happens To Mortgage And Debts When You Die?

By Legacy Protection, LLP |

Mortgage debt accounts for the vast majority of U.S. consumer debt.  Not all mortgagors (people who borrow money from a lender to purchase real estate) pay off their mortgage before their death.  When a person dies before their mortgage is paid off, the next in line heirs or beneficiaries must find a way to… Read More »

Facebook Twitter LinkedIn

Legacy Protection Lawyers Ranks Top 20 in Gator100

By Legacy Protection, LLP |

We are pleased to announce that Legacy Protection Lawyers, LLP was named to the University of Florida’s 2021 Gator100 during a special virtual ceremony on April 23. The Gator100 recognizes the world’s fastest-growing Gator businesses—that is to say, businesses owned or led by UF alumni. Ernst & Young calculated each company’s compound annual growth… Read More »

Facebook Twitter LinkedIn
SigningWill

Does Florida Recognize Holographic Wills?

By Legacy Protection, LLP |

Many people who consider creating a Last Will and Testament wonder if they can write a Will in their own handwriting.  It is often on someone’s “deathbed” which is why there are many issues surrounding the creation and execution of a holographic Will. What is Considered a Holographic Will? A holographic Will is a… Read More »

Facebook Twitter LinkedIn