It is important to have a Florida Business Attorney review important and complex contracts. In my experience as an entrepreneur, I have found that the number one reason why problems occur with employees and clients is a failure to set proper expectations and communicate effectively. Often when one looks hard…
As Hurricane season has just started, I thought that this product may be of interest to those of you wanting to secure your important documents. The Vital Records PortaVault(TM) is a lightweight, binder-sized portfolio made of durable canvas that stores hundreds of pages of paper documents and records, as well…
Most medical doctors recommend women get an annual physical to ensure good health and to identify issues before they become problematic. When it comes to financial health, a periodic checkup is just as appropriate and important. Unfortunately, many people put off financial checkups or decisions until they are rapidly approaching…
Most Jacksonville estate planning attorneys or those in other locations, focus on your heirs (children and grandchildren). As your parents are aging it is also important to consider and evaluate your parent’s estate planning. One you understand the value in creating your own estate plan, you need to understand what…
Jacksonville Florida Estate Planning Lawyers are often asked who may make make a will in Florida. The answer to this can be found in the Florida Statutes, Section 732.501 which states: 732.501 Who may make a will.–Any person who is of sound mind and who is either 18 or more…
The Florida Statute, Section 732.502 define the requirements for a valid execution of a Florida Will. You should have your will reviewed if you move to another state, marry, divorce, have children, or any major change affects your finances, or family. In addition to being in writing, the will must…
In Florida estate planning a person can leave money in trust for the care of an animal. As of July 1, 2007 Florida Statute 736.0408 replaced the previous statute 737.116 which was effective from April 23, 2002 until June 30 2007. The new Florida Statute states: (1) A trust may…
In Florida a Successor Trustee is the person or institution named in the Revocable Trust agreement or other trust agreement who will assume control of the trust if the original trustee dies, resigns, or becomes unable or unwilling to act. There can be several layers of back-up trustees that take…
Attorney-in-Fact: The person selected to have the authority to act on the behalf of a principal. An attorney-in-fact can be any adult that the principal selects. (He or she need not be a Florida lawyer.) Typically, people appoint an attorney-in-fact in a power-of attorney, granting the attorney-in-fact the power to…
Florida Spendthrift Trust: A trust established to provide a fund for an individual that includes a provision intended to secure it against that person’s lack of caution and protect it against the claims of creditors. A person can typically prevent against their own creditors but they can achieve some asset…