Many Florida residents refer to a revocable trust as a living trust, which essentially means that you may change it at any time while alive. If you regularly purchase and sell assets, you may transfer them to or from your living trust up until your death. The Florida...
Year: 2021
What are first-time homebuyer mistakes to avoid?
Hitting the housing market for the first time can feel like an overwhelming experience. Between the high stakes and a large amount of money involved, along with complex and unfamiliar legal jargon, it is no walk in the park. You can help yourself immensely by going...
Can a small estate quickly go through probate?
Friends may have told you about the ordeal of going through probate court to secure their inheritance. You know that you do not own a lot in money or property, so there seems to be no reason why your estate should also take a long time to pass through probate....
Whom may I name in my will to administer my estate?
An estate's executor has several responsibilities when wrapping up the deceased's affairs. You may wish to name an individual you can begin discussing your assets and debts with, as noted by Kiplinger's Personal Finance. While you’re alive, you may change the contents...
How should you respond to red flags after a home inspection?
After finding your dream home in Florida, you requested a home inspection. The results revealed problem areas, and you do not know what to do next. The American Society of Home Inspections offers tips for navigating home inspection red flags. Address your anxieties by...
What are the steps for estate planning?
Estate planning can benefit your loved ones in a number of ways, especially once you are no longer there to voice your desires regarding any assets and how you want them divided among the family. Detailed instructions laid out in language that is simple to understand...
3 benefits of setting up a trust
When preparing for the future, many parents consider setting up trusts for their minor children. Generally, trusts give people greater flexibility and control in how and when their property and assets get distributed. Understanding the benefits of trusts may help...
What are the benefits of a living trust?
Estate planning may often seem overwhelming when everything lies before you. The need to ensure your property and assets are taken care of after you pass is critical. If you are like many others, you want to ease the transition of your estate to the beneficiaries you...
Preventing title issues from disrupting your home sale
Getting to the closing stages of selling your home in Florida only to receive correspondence notifying you of a title issue can cause panic and uncertainty. Even more disconcerting is if you have a pressing need to sell your home and have already coordinated other...