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April 2018 Archives

Two important reasons for avoiding Florida probate: time, cost

A Florida lawyer who writes an advice column for a Treasure Coast newspaper wrote recently that people know that they want to avoid probate, but they are not sure why. He noted that probate likely doesn’t sound difficult at first, but that it can a time-consuming, expensive process that is best left to an attorney who understands the law and court procedures.

Probate court to decide if Florida shooter is rich or broke

A little more than two months ago, Florida and the nation were shocked and saddened by the senseless murders of 17 people in a shooting at a Parkland high school. The shooter's public defender recently said in a hearing that Nikolas Cruz could be worth hundreds of thousands of dollars inherited from his late mother.

What will happen to my debts when I die?

When you pass away, it does not mean that your debts will necessarily disappear. Your creditors — like the banks that issued your vehicle loans, home loans and credit card companies — will be able to make a claim on your estate for the money you owe them. At the end of the day, it's likely that most of these debts will be collected.

Intensely personal battle over Florida woman's estate

It is about a 200-mile drive south of Brevard County to get to Morningside. The Miami neighborhood north of downtown was home to Andrea Greenberg, a well-known figure in the city's real estate industry and her longtime boyfriend, Alejandro Aparicio. After Greenberg's unexpected death last October at age 54, her family and friends began to suspect Aparicio, 60, of wrongdoing.

Is it time to sit down with your estate planning attorney?

If you have in the past visited a Brevard County estate planning attorney to create a plan for protecting your family and assets, you are probably ahead of the curve. However, personal financial advisers Kiplinger's says that too many people will create such a plan and then essentially forget about it, even though there are significant changes in their families, finances and in the law since the plan's creation.

Avoiding probate with death beneficiaries

Many Floridians who are estate planning are eager to help their heirs and beneficiaries avoid the probate process. While probate could be unavoidable for certain assets, individuals may be able to use various strategies to prevent the need for probate for some specific assets. One of these strategies involves the use of death beneficiaries.

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