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Posts tagged "Probate & Trust Administration"

What is Florida probate litigation?

Probate is the legal process in which your property is distributed after your death. Your estate executor (the person you designated to manage your estate) will typically initiate the process of legally transferring your assets to beneficiaries after a Florida probate court has validated your will.

How a Plan B can help you help your loved ones

Janet Reno was both an important and controversial figure in American history. Our goal in today’s Brevard County blog post isn’t to dissect the pros or cons of our nation’s first female Attorney General, but rather to discuss how her estate illustrates an important aspect of Florida estate planning.

Why a revocable trust might be right for you and your family

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.

What are Florida probate assets?

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 debts before the remainder is distributed.

Clear as mud: Probate fight over blues legend's estate drags on

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 his financial legacy is being fought over in courts from Florida to Chicago.

Heartbreaker: probate dispute complicates Tom Petty estate

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.

Estate planning tips for women (and men)

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, with the state of Florida deciding who should your assets.

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