Orsatti & Associates, P.A., Legal Blog
What can a trust accomplish that a will cannot?
When you first put together your Florida estate plan, you may decide to create a relatively basic plan so that you do not run the risk of dying intestate, or without a will. While a will is an undeniably important part of any estate plan, you may have specific goals...
Where to look for possible defects in a home
When you find a house on the market that appears to be everything you are looking for, you should make sure the property actually matches your impression of it. Many sellers want their homes to look as good as possible, but sometimes they are also masking defects that...
Should you make a relative your executor?
An executor will handle the vast majority of your estate affairs after your death. For that reason, you certainly want to pick the best possible option available. Most people, perhaps including yourself, will lean toward selecting a relative to serve as executor. But...
What are some common probate disputes?
Whether you recently lost a loved one or are currently creating an estate plan, you may encounter the probate process. According to the American Bar Association, the probate process is designed to help settle an estate after someone passes. The process often includes...
How should your executor handle creditors?
If you are making your estate plans, you should think about whether your candidate to be your estate executor can handle the tasks required of him or her. Debt may be a particular concern of yours. If you owe money to different parties at the time of your death, your...
How can I confirm my property has an easement?
When you buy a home, you want to be sure that there are no surprises waiting for you after you move in. An inspector may tell you whether there are physical defects with the home. However, you should also consider the possibility that your new home may have an...
What should you look for when choosing a trustee?
In establishing a trust, you have to consider who you want to oversee the trust and protect your assets and legacy. When it comes to trusts, you have to appoint a trustee. According to the U.S. Bank, choosing a trustee may be one of the most important financial...
What is an insolvent estate?
Estate planning is not only to describe how to pass your assets to your loved ones, but it can also explain how you want to deal with your debt. When you die, your debts do not necessarily die with you. In fact, creditors may seek payment for your outstanding amounts...
What red flags should you look out for in a commercial lease?
A Florida commercial lease often has a longer duration than a residential one, so when the time comes to sign one, you want to make sure you have a comprehensive understanding of everything it entails. Commercial leases are often full of “legalese,” but failing to do...
Will, trust or both?
The documents included in your estate plan are your choice. You can choose those that are appropriate to your situation and leave out those that do not meet your needs. Most estate plans include either a will or a trust. Some include both. Knowing the strengths and...