Whether you are starting a family or getting ready to retire from your career, financial planners emphasize the importance of planning your estate as soon as possible. A vital component of your estate plan is the last will and testament, which dictates who you would...
Month: May 2020
The differences between Chapter 7 and Chapter 13 bankruptcy
There are some key differences between Chapter 7 and Chapter 13 bankruptcy. Knowing the differences will help you determine which bankruptcy type is best for your situation. We understand the bankruptcy laws in Florida and have helped many of our clients file their...
What is a short sale?
There are many ways to sell your home. Some deals will go better than others. You may not get a choice about how you sell your home. A good example of this type of situation is if you need to sell fast and must do a short sale. The Street explains a short sale is when...
What are the reasons I need an estate plan?
Estate planning is something you have likely heard about, but maybe not given much thought. Nobody wants to think about the end of their life. However, it is never too early to get a plan in place. Not having an estate plan is a huge mistake that will have lasting...
What happens to your property if you do not have an estate plan?
When you fail to plan for your death, the state will step in and handle things for you. Intestate laws are those that determine where your estate goes if you left no instructions. These laws can get quite complicated, depending on your family structure. It is always...
Can I create a trust to care for my pet?
Your pet is a treasured part of your family, but the law considers your pet property. This may leave you wondering what will happen to it after your death. Is it possible for you to leave instructions for its care? Can you provide financially for your pet after your...
What are the types of powers of attorney?
Nobody wants to think about a time in their life when they will be unable to take care of themselves, but it is something that everyone should plan for. One of the ways to plan ahead is to create a power of attorney. In fact, you may want to create multiple powers of...
How do I create a business succession plan?
What will happen to your business when you can no longer run it? Do you have a plan in place for who will take over when you pass away? If you wish to keep your business around for generations, then you need to create a business succession plan. According to SCORE, a...
What are the disclosure rules about lead-based paint?
If you are selling a home or renting a property, then it is essential to understand disclosure laws. These laws require that you tell buyers about certain things about the property. Most often these are things that could impact their health, which is why you must...