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Monthly Archives: March 2021

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Understanding the Florida Probate Process

By Larry E. Bray, P.A. |

Probate can seem like a complex and never-ending process. However, it’s actually quite simple. Probate is the process by which a decedent’s assets are passed to their beneficiaries. Broken down further, probate is the process by which a deceased person’s assets are collected, used to pay off any debts, and are then dispersed to… Read More »

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How Hiring a Lawyer Can Help You Lower Your Estate Taxes

By Larry E. Bray, P.A. |

Unlike many states, Florida does not have an estate tax or an income tax, both of which make it an incredibly popular place to take up residence, particularly by the ultra wealthy. However, while Florida does not have an estate tax, there is a federal estate tax that currently applies to estates valued at… Read More »

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Is Short-Selling Your Florida Home the Best Option?

By Larry E. Bray, P.A. |

You may not be familiar with the term “short selling.” However, as the Covid-19 pandemic continues to affect employment and housing nationwide, more and more American homeowners are finding themselves contemplating bankruptcy and other solutions, such as short selling, in order to cope with the massive financial struggles they are facing. What is a… Read More »

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How a Spendthrift Provision Can Help Protect Your Assets

By Larry E. Bray, P.A. |

The primary function of estate planning is protecting your assets, and one tool for achieving that end under Florida law is a spendthrift provision (also known as a “restraint on alienation provision”). A spendthrift provision can apply to revocable and irrevocable trusts, and it essentially serves as a limitation on how the trust money… Read More »

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