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Probate4

5 Reasons Why You Need a Probate Lawyer in Florida

By Legacy Protection, LLP |

Probate is the court-supervised process by which a decedent’s estate is administered to transfer title to property.  Many families are often overwhelmed by the tasks that need to be completed after someone dies.  However, some take the risk of doing everything themselves, which can often lead to more issues down the road.  For this… Read More »

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Will Contests in Florida? Grounds, Legal Procedure, and Possible Outcomes

By Legacy Protection, LLP |

One cannot challenge or contest a Will simply because they do not like its contents. A Will is a legal document that specifies a deceased individual’s testamentary wishes outlining who should inherit his or her property after death.  If someone would like to contest a decedent’s Will, you should speak to an experienced trusts… Read More »

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How to Incorporate Your Business into Your Estate Plan if You’re a Small Business Owner

By Legacy Protection, LLP |

Do you have a plan in place for your business after you die?  Do you know what’s going to happen to your business if you do not plan properly?  Your planning now will dictate whether or not your company will continue to thrive after your gone. If you do not incorporate your business into… Read More »

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EstateAdmin

How Does the SECURE Act 2020 Affect Your Estate Planning?

By Legacy Protection, LLP |

The federal SECURE act became effective on January 1, 2020, which affects many people who have already established their estate plans.  “SECURE” stands for Setting Every Community Up for Retirement Enhancement. The 2020 law implements new rules regarding the inheritance and distribution of retirement accounts to beneficiaries named under the plan or in estate… Read More »

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Is It Possible to Probate a Copy of the Lost Will in Florida?

By Legacy Protection, LLP |

A Last Will and Testament (“Will”) is a legal document that outlines a person’s wishes regarding the disposition of his or her property at the time of death.  When clients take possession of their original Will after signing, it is not uncommon if the testator (the creator of the Will) loses the original Will,… Read More »

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AssetM

What to Consider When Buying a Business in Florida: Due Diligence and Risk-Free Examination

By Legacy Protection, LLP |

Starting a new business can be a risky and financially overwhelming endeavor. Statistically speaking, more than 50% of new businesses fail during the first five years. Nearly 70% of new business startups in the U.S. ultimately fail during the first 10 years. There are various reasons why new businesses fail. Lack of monetary resources,… Read More »

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How and Why to Disinherit a Family Member in your Estate Plans

By Legacy Protection, LLP |

For many reasons, an individual may need to disinherit a family member in their estate plans.  This could be for tax purposes, creditor protection, or you want to specifically exclude someone form inheriting your wealth.  If you are considering disinheriting a family member, then there are several things you should know. If you die… Read More »

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How a Premarital Agreement (Prenup) Can Be a Powerful Estate Planning Tool

By Legacy Protection, LLP |

Many people tend to think that prenuptial – or premarital – agreements are used solely to protect assets in a divorce. However, a prenuptial agreement can also serve as a powerful tool in estate planning. Why Do You Need a Prenuptial Agreement As Part of Your Estate Plans? One of the key reasons why… Read More »

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Asset Protection Planning Strategies in Florida to Shield Your Assets from Future Creditors

By Legacy Protection, LLP |

Florida citizens are becoming increasingly curious and proactive about asset protection planning. Our St. Petersburg asset protection lawyers are often asked about how to protect assets from lawsuits and other creditors, and whether there is anything you can do to protect your assets in the event you are sued. Who Can Benefit from Asset… Read More »

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Planning

What if You Die Without a Will in Florida? Who Inherits Your Property?

By Legacy Protection, LLP |

How your family will inherit property after you die without a will depends on your state’s intestacy laws. Unless you have an estate plan where you choose your beneficiaries to avoid Florida’s intestacy laws, your property will be passed to your heirs in two different ways: Outside of probate (by operation of law or… Read More »

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