Overview of Advance Directives Advance directives are crucial legal documents that play a significant role in an individual’s life, especially during times of illness or incapacity. These documents offer a structured framework for appointing a trusted agent to handle various matters, including medical and financial decisions, on behalf of the individual facing incapacitation. Durable Power […]
Trusts avoid the probate process: While assets controlled by your will have to go through probate in order to be verified and distributed according to your wishes, trust assets usually don’t. A will becomes a part of public record, while a trust agreement stays private. When you establish a trust during your lifetime, you only […]
Estate settlement can be a complex and emotionally challenging process, especially during a time of grief. It involves the distribution of a deceased person’s assets, which can include property, financial accounts, and personal belongings. To ensure this process is carried out effectively and in accordance with the law, many individuals turn to a probate attorney […]
What is a Last Will and Testament and does this mean my family can skip probate? A Last Will and Testament is a legal document that states an individual’s wishes of how their assets should be distributed upon their passing. A Last Will and Testament ( “Will”) is an important document that every individual should […]
Does a Florida Homestead property need to go through probate? Probate is necessary in instances where a decedent owns assets in their name solely at the time of their death. The beneficiaries/heirs would need to have a probate opened in order to have the title of the assets transferred to the correct individuals. The assets […]
A lady bird deed, also known as an enhanced life estate deed, is a deed that allows the owner of the property to maintain control of the property during their life and upon their death it transfers automatically to a beneficiary. This is a wonderful tool in order to avoid probate for the beneficiaries who […]
Safeguarding the Future The loss of a high-net-worth individual is undoubtedly a challenging and emotional time for their loved ones. For children left behind, understanding the intricate legal aspects of estate planning is vital. In this comprehensive guide, we will delve into the legal framework of estate planning for the children of high-net-worth individuals who […]
In the ever-evolving landscape of estate planning, the cities of Miami, Hialeah, Hollywood, Coral Springs, Davie, and Boca Raton in Southern Florida are witnessing a surge in the need for comprehensive wills and trusts.
Florida’s estate planning landscape is continually evolving, with recent changes offering new opportunities and challenges for residents. Yanitza Schoonover, a leading Miami estate planning attorney at The Schoonover Law Firm, provides an overview of these developments and their potential impact on estate planning strategies.
Florida has been experiencing a steady increase in population for several decades. As of 2023, Florida is the third most populous state in the United States, behind California and Texas. With this population growth, there has been a corresponding increase in trust and estate litigation.