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Facebook recently announced a new feature called its “Legacy Contact.” The feature allows Facebook users to designate someone who will have the power to manage their Facebook accounts after they have died. Considering that most social media users upload information, videos and pictures that may have sentimental values to those they leave behind, this newRead more

Not every estate has to go through probate proceedings. A skilled estate planning attorney can analyze a Florida resident’s financial and family situation to determine if a suitable probate avoidance strategy will work for the person’s situation. The most frequent ways to avoid probate include: — The creation of revocable living trusts — The useRead more

When disagreements arise over who gets what following a death in Florida, the issues will be addressed during probate proceedings. Even if no disagreement exists, an estate must go through the probate process before it can be legally distributed to heirs. Interestingly enough, though, probate can be avoided altogether if an individual creates a trustRead more

Estate planning is nothing more than planning for the future and not something to fear. Nevertheless, many Florida residents find it difficult to initiate their estate plan. In cases that involve the death of a loved one without a finalized estate plan in place, the probate process can be costly and nerve-wracking for the heirs.Read more

Whenever an individual passes away, there is the potential that surviving family members will fight over that person’s estate. These days, divorces, new marriages and blended families make the process of dividing up an estate even more complicated. However, by employing various estate planning strategies, Florida families can do their best to limit the chancesRead more

Palm Beach is home to some of the richest estates in the country. Celebrities, retirees and multimillionaires have chosen to build their dream homes here. However, as the old saying goes, “The more you have, the more you have to take care of.” Those who want to protect their estate for their loved ones needRead more

Where you retire and how you set up your estate can make a big financial difference for you and your heirs. Each state and location can choose to levy estate taxes, so where and how you retire can increase or decrease the amount of wealth you pass on. When discussing your estate plan with professionals, ask questionsRead more