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EstatePlanning3

How Premarital & Postmarital Agreements Affect Estate Planning in Florida

By Legacy Protection, LLP |

Many couples use marital agreements to protect their assets in the event of a divorce or death. However, while premarital or postmarital agreements offer a number of benefits during divorce, marital agreements can greatly affect your estate planning. If you have a premarital or postmarital agreement and are looking to create an estate plan,… Read More »

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Guardianship

What is the Difference Between Conservatorship and Guardianship in Florida?

By Legacy Protection, LLP |

Many people mistakenly believe that conservatorship and guardianship are synonyms or the same legal proceeding.  However, these two terms describe two different legal processes under Florida law. In Florida, you can file a petition for guardianship when your family member has become incapacitated due to a bodily injury or illness that has affected his… Read More »

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Living Will: What is It and What Are the Benefits?

By Legacy Protection, LLP |

A Living Will is a legal document that allows you to describe your wishes regarding medical treatment and procedures when you are no longer able to provide informed consent.  The person creating the Living Will (“the principal”) can describe his or her preferences for medical treatment for his or her end of life care…. Read More »

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DocKeysMoney

What Happens to a Home with a Mortgage Upon the Borrower’s Death?

By Legacy Protection, LLP |

A common issue when a homeowner dies is the outstanding balance on a mortgage loan on the decedent’s homestead property.  In this case, the beneficiary or next of kin who inherits the home will have to decide what to do with the property.   Many inheritors of the homestead property struggle to keep-up with the… Read More »

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Planning4

How to Get a Power of Attorney for My Elderly Parents in Florida?

By Legacy Protection, LLP |

If you have noticed that your aging parents are losing their ability to make decisions regarding their healthcare or finances on their own, you may want to consider getting a power of attorney. A power of attorney allows the principal (an elderly parent) to empower someone they trust (their child) to make decisions concerning… Read More »

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PersRep

4 Mistakes Personal Representatives Should Avoid When Probating an Estate in Florida

By Legacy Protection, LLP |

Being a personal representative, also known as the executor of an estate, is a major undertaking. If you were appointed as a personal representative (also called an Executor) of someone’s estate, you must clearly understand your rights, duties, and responsibilities to perform this job properly. Although serving as someone’s Personal Representative can be a… Read More »

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What Happens if the Will Cannot Be Found After the Testator’s Death?

By Legacy Protection, LLP |

If a Last Will and Testament cannot be found after the testator’s death, things can get complicated quickly. In some cases, people who write a will share their plans and final wishes with their loved ones.  For this reason, beneficiaries named in the will know that the document exists and may even know the… Read More »

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CouplePlanning

What’s the Difference Between a Will and Trust?

By Legacy Protection, LLP |

Many people use the terms “will” and “trust” interchangeably when talking about estate plans. However, these two terms are very different. It is important to understand the difference between a trust and a last will and testament when creating an estate plan. What is a Last Will and Testament? A will – or more… Read More »

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EstateWill

Lady Bird Deed: What is It and What Are the Benefits?

By Legacy Protection, LLP |

If you are exploring your options for estate planning, you may have come across the term “lady bird deed.”  A lady bird deed, which is also referred to as an “enhanced life estate deed,” is a crucial tool for estate planning that offers several benefits. Below, you will find a list of benefits of… Read More »

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What Do You Need to Bring to Your First Meeting with a Florida Probate Attorney?

By Legacy Protection, LLP |

When you have a scheduled consultation with a probate attorney, it is important to prepare for your first meeting.  Depending on your relationship with the decedent, this may be an emotional experience and can sometimes be overwhelming, especially while coping with the pain of loss. Retaining a probate lawyer is an important step after… Read More »

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