Category: estate planning
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How to Avoid Capital Gains Tax on Inherited Property
There are several legitimate ways to reduce or avoid capital gains tax on inherited property. Here are the…
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Can You Contest a Will After Probate Has Started?
In Florida, a will contest happens within the probate case—and the clock starts when you are served notice.…
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Durable vs. Springing Power of Attorney in Florida
Springing powers of attorney sound appealing, but Florida largely eliminated them. Here is why most Florida POAs are…
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Revocable vs. Irrevocable Trusts in Florida: What’s the Difference?
Revocable trusts keep you in control and flexible; irrevocable trusts trade that control for asset protection and tax…
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What Is a Pour-Over Will (and Do You Need One in Florida)?
A pour-over will is the safety net for your living trust, catching any assets you never transferred in.…
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What Is a Pet Trust, and How Does It Work in Florida?
A pet trust legally sets aside money and instructions for your animal’s care if you die or become…
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What Expenses Can Be Paid From an Irrevocable Trust?
An irrevocable trust can cover administration costs, taxes, and expenses tied to its property—so long as the trust…
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Selling a House Held in a Trust After the Owner Dies
When a home is held in a living trust, the successor trustee can usually sell it without probate—faster…
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How to Set Up a Pet Trust in Florida
Estate planning for pets comes down to a few key decisions: who cares for your animal, who manages…
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Letters of Administration in Florida: The Document That Empowers a Personal Representative
Letters of Administration are the court-issued document that gives a Florida personal representative the legal authority to act…