It is simply true that the vast majority of people who have accumulated substantial financial assets in Brevard County did not do so by accident. Rather, they worked hard, saved, invested wisely or ran a successful business.It is also no accident that when they want...
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Probate & Trust Administration
What are Florida probate assets?
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Jul 4, 2019 | Probate & Trust Administration
As our Brevard County readers undoubtedly know, Florida probate is a court-supervised process in which assets are identified, gathered and then distributed to beneficiaries. Those assets will also be used to cover the cost of probate, funeral expenses and outstanding...
Death tax: what it is and how it’s calculated
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | May 24, 2019 | Probate & Trust Administration
The old saying is that there are only two things you can't avoid: death and taxes. It seems clear that there are other unavoidable parts of life. It seems impossible to avoid the Florida sun and heat or the sound of the ocean, for instance.Regardless, there is nothing...
The eternal question: Who gets your stuff when you die?
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | May 7, 2019 | Probate & Trust Administration
The eternal question of who gets your stuff can be answered pretty quickly and easily. For instance, if you have a will, it is essentially a set of instructions for how your property is to be distributed.But what happens if you die without a will? In the event you die...
Clear as mud: Probate fight over blues legend’s estate drags on
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Apr 10, 2019 | Probate & Trust Administration
During his 70 years, Muddy Waters was known for pioneering an electric form of the blues that influenced generations of musicians, including seminal rock icons Eric Clapton, the Rolling Stones and Led Zeppelin. The blues legend left an untouchable musical legacy, but...
Heartbreaker: probate dispute complicates Tom Petty estate
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Apr 4, 2019 | Probate & Trust Administration
If you drive northwest of Cocoa for about 160 miles, you’ll come to Tom Petty’s Florida birthplace. The legendary rocker was born in Gainesville back in 1950 and died a year and a half ago in his Los Angeles home of an accidental drug overdose.According to recent news...
Estate planning tips for women (and men)
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Mar 20, 2019 | Probate & Trust Administration
Let’s face it: because women live about five years longer than men, on average, they should take estate planning seriously. (So should men, of course.) It should be noted that if you don’t have an estate plan, it is likely that your assets will wind up in probate,...
Estate planning tips: 2019 edition
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 10, 2019 | Probate & Trust Administration
We’re still in the early days of 2019 with opportunities aplenty to address matters neglected in the past year. Many Brevard County residents understand that the time to address estate planning is now.Not only is thoughtful estate planning affordable, but it can have...
Estate planning mistakes to avoid
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Jan 17, 2019 | Probate & Trust Administration
One of the most important parts of life is to learn from the mistakes we make so that we can avoid making those same errors again. It is also important to share information with family members and friends so that they can learn from our mistakes, too, and likewise...
Advice to daughter: Avoid repeating mom’s estate planning error
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Dec 22, 2018 | Probate & Trust Administration
We all make mistakes. That is simply an unavoidable part of the human condition. Of course, when we make a mistake – or notice a mistake someone else has made – it can be an opportunity to learn from the error and avoid making the same mistake in the future.That is...
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