While credit is tight and many Jacksonville consumers are facing foreclosure on their homes, and attempts to collect old credit card debts, companies have been trying to use waiver of you homestead to collect debts. For over 100 years Jacksonville residents and those living in Florida have had been able…
Stephanie Loomis-Price has recently published her articles entitled Family Limited Partnerships. In her article, Stephanie offers a detailed outline of the Family Limited Partnership – from consideration of the FLP as an appropriate estate planning tool, through the formation of the partnership, concluding with the administration of the partnership and…
The Wills, Trusts, & Estates Professors Blog has an summary of an article by RDA Legal Communique that Estate Planning and Estate Administration are two of the hot areas of law. Many Florida Resident have not properly planned for their families or the plans they have are out of date.…
If you feel that something is wrong with a Florida will because you are left out or your distribution doesn’t seem fair, is there anything you can do? If you believe a Florida will is not valid, you may be able to contest it. Proving a Florida will is invalid…
Could you imagine an Estate Planning Lawyer selling wills or estate planning documents with a disclaimer in small print that your documents may not be valid in Louisiana or some other state. Today I found another example of when using quicken is a bad idea. Paul Rabalais the author of…
A Living Trust is a tool used by Jacksonville Estate Planning Lawyers to hold assets for the benefits for one or more beneficiaries. Often the initial beneficiaries are the people who create them. In this case, a person or couple can use the assets of the trust just like they…
A recent article on Your Louisiana Estate Planning Blog, For Families With More Than $2 million of Assets: Bad Wills Can Cost You $1,000,000 talks about how poorly drafted wills can quickly cost your over $1Million in estate taxes. I see several clients a month that would have tax bills…
In Florida as with many other states, current child support payments and past due child support payments are an asset of the estate of the decedent. When there is back child support due and the primary caretaker passes away, the personal representative or executor of the estate may take action…
Ideally your estate plan will be created by a Florida Estate Planning Lawyer, yourself and some or all of the following people: 1. Mother and Father 2. Tax Attorney 3. CPA 4. Financial Advisor 5. Trust Officer 6. Insurance Professional 7. Business Valuation Expert 8. Philanthropic Consultant 9. Fundraiser/Planned Giving…
A Florida Trusts are created to fulfill different needs and obligations. Today people find it necessary to protect their investments and properly allocate their resources while taking the least risks with regards to finances. A Jacksonville Trust Lawyer can help you analyze your assets and determine if a Living Trust…