Orsatti & Associates, P.A., Legal Blog
Protecting your interests when purchasing a home
Buying a home in Florida requires forethought and careful planning. Failing to thoroughly think everything through can backfire miserably and jeopardize your stability. To protect your interests when purchasing a home, you need to pay close attention to a contract...
Reasons to set up a special needs trust
Whether you struggle with a disability and worry about your financial future or you want to make sure that your disabled loved one receives the support they need down the road, a special needs trust could provide peace of mind. It is important to review the ins and...
Who should you choose for your personal representative?
When estate planning, you will need to choose a person to act as your personal representative. For instance, you will need an executor to carry out the terms of your will. Many people also pick a power of attorney, which is a person who can make medical and financial...
How can you avoid mistakes with beneficiary designations?
While your last will and testament is an essential component of your estate plan, it is not the only tool in your arsenal. Many assets have beneficiary designations, which list the beneficiaries that you wish to receive those funds after you die. Retirement accounts,...
What to include in and exclude from your will
Estate planning provides peace of mind that whatever happens to you, your affairs are in order and your survivors have what they need to carry out your wishes. A will is one of the most basic end-of-life documents and the foundation of many estate plans. Nevertheless,...
Potential title concerns with real estate
Whenever you close on a real estate deal, you want to make sure you have a clear legal title to the property. Occasionally issues and disputes arise that cause unexpected complications. Familiarity with these possibilities could help you successfully respond to the...
Planning for your funeral ahead of time
It may feel easy to focus on your physical wealth, quality of life health care choices and who inherits what after you die. Another thing that goes a long way to providing stability to your grieving loved ones is having a funeral plan you helped write yourself. By...
What are the two types of guardianship?
If you have children under the age of 18, one of your responsibilities as a parent is to make sure their care continues in the event that both you and their other parent die. You do this by appointing one or more guardians for them in your estate plan. According to...
Should you review your plan now?
An estate plan serves as a crucial matter for many people. However, most people do not realize that taking care of and maintaining an estate plan goes far beyond its initial creation. Reviewing this plan serves an equal measure of importance. But how do you do so?...
Should you buy residential real estate property?
When deciding what to purchase for your first property, you will have two main categories to choose from: residential real estate and commercial real estate. Each type of real estate has its own benefits and potential drawbacks. Likewise, each one may suit a different...