Probate is a court-supervised legal process that involves validating a decedent’s Last Will and Testament, resolving their debts, and distributing their assets to beneficiaries. At our firm, we are often asked whether probate is required in Florida. The answer to this...
In Florida, a Living Will is an important legal document that ensures your healthcare wishes are honored if you become incapacitated and are unable to make medical decisions. In this blog article, we will discuss the Florida laws that are designed to allow individuals...
It is important to consider what happens to your assets in the event of your passing. This includes not only physical assets, but also digital assets such as investments made through the Robinhood app. One important step in ensuring that your investments are...
For many people Facebook has become an important online platform to connect with friends and family. But what happens to your Facebook account in the event of your death? Facebook, like other social media sites, has a feature allowing you to designate a...
A properly drafted Florida Durable Power of Attorney permits you ("the Principal") to appoint a trusted person ("the Agent") to act on your behalf on financial matters. A Durable Power of Attorney can be drafted to allow an agent to carry out very specific powers or...
One of the most common entities in Florida is the limited liability company. (“LLC”). In fact, there are over 100,000 LLCs in Florida. Many people form LLCs in Florida and do not contemplate the estate planning implications. Unfortunately a business owner’s failure to...
These days we use our phones to store some of our most pertinent data from financial records to photos of timeless family occasions. Apple users can easily store this data on their iPhone and on their iCloud accounts. And while it might be convenient for the user,...
A common question is whether a beneficiary under a Will is permitted to empty the contents of a decedent’s house prior to commencement of the probate proceeding and the appointment of a Personal Representative (“PR”). Probate is a court supervised process to transfer...
Like anyone’s death, the loss of a celebrity is a tragedy. However, even after their fans have stopped mourning, the challenges and heartache for their families have hardly begun. That’s because many celebrities either fail to plan for their estates or neglect to keep...
For many of us our real estate is the biggest purchase of our lifetime. One of the most common questions we get at The Siegel Law Firm, P.A. is how to avoid probate of our real property in Florida. In this article we will discuss the best ways to avoid the probate...