Some people think that after they have completed their estate plan, they do not need to take any further action to ensure that it is in good shape when they pass away. It is not uncommon for people to let 10, 20, or even 30 years go by without having their estate plan reviewed for necessary… Read more »
As any Floridian knows, May typically marks the time when many of our out-of-state visitors or part-time residents head back to their permanent homes. You may have read that more people are moving to Florida due to COVID-19 or for more affordable rent. In fact, many begin as vacationers, evolve into secondary residents, and eventually become… Read more »
As a follow up to TEN+ WORDS YOU NEED TO KNOW IF YOU WANT TO DEVELOP LAND, here are the top Ten+ Acronyms, Initialisms and Abbreviations you should know to be conversant in Land Development. An acronym uses the first letters of the words in the phrase and reads as a single word, like “NASA”. Initialism employs the initial letter… Read more »
Estate administration in Florida involves a court-supervised process to determine what heirs will inherit from a deceased person’s estate. In Florida, there are two primary forms of probate administration including: Formal administration: This is used when the total value of a decedent’s (i.e., the deceased individual) estate is valued at $75,000 or more. Summary administration: Estates valued at… Read more »
A Last Will and Testament, or Will for short, is one of the most popular and well-known estate planning documents used to help individuals prepare for the future of their estate once they pass away. It is a formal legal document that outlines a person’s last wishes. Wills must be executed properly so that it is accepted as… Read more »
