Remarried couples and updated estate plans
If you and your romantic partner are considering saying "I do" to each other after one or both of you have been married before, there are many different conversations you should have when discussing how to blend your lives and families. Among the topics to include in these discussions is your estate plan. Providing for multiple parties after deat ...
Why Do You Need a Will?
A will allows you to clearly and precisely communicate your wishes as to the distribution of your assets after death. If you die without a will, this is known as dying intestate, and the state will decide how to distribute your assets to beneficiaries according to Florida laws. The way the court will settle your estate may not at all reflect what y ...
Discussing the Probate Process With Family Members
Estate planning affects families in many ways and it is important for people to keep their loved ones in mind while creating or modifying their estate plan. Sometimes, people avoid the probate process by setting up a trust. However, many estates in the U.S. have assets that are subjected to probate and it is pivotal for people to review the ins and ...
What is the Documentary Stamp Tax?
As explained by the Florida Department of Revenue, the state assesses a documentary stamp tax on documents signed or recorded to transfer real estate interests or to evidence or secure financings. While all non-exempt parties to a document are liable for this tax, you may assign responsibility for payment in your contract. What documents are su ...