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Category Archives: Estate Planning (Wills, Trusts, Deeds, Business Succession)

EstatePlanning6

Top Florida Estate Planning Documents

By Larry E. Bray, P.A. |

When it comes to estate planning it can be hard to know where to start. The abundance of conflicting advice, information, and legalese can lead to overwhelm for many people, often causing them to not even try. However, breaking estate planning down into its most basic parts (documents) can help make approaching a larger… Read More »

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LivingWill

Why A Living Will Is Important In A Pandemic

By Larry E. Bray, P.A. |

Unlike most wills, which allow you to determine how your property and assets are distributed after your death, living wills have nothing to do with property–or even money. A living will is a document that you create while you are alive and well which outlines any wishes you have for your medical treatment in… Read More »

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EstPlan21

3 Misconceptions About Revocable Living Trusts

By Larry E. Bray, P.A. |

Maybe you’ve heard about revocable living trusts–if you have, you’re ahead of the curve. But do you have all the facts? There are many misconceptions and getting a clear understanding of how these trusts operate can help you plan responsibly for your future. Revocable living trusts can be beneficial for many people, as they… Read More »

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FinanPlan

Avoiding Florida Probate

By Larry E. Bray, P.A. |

You’ve likely heard before that you should avoid probate if possible, but are you really clear on what exactly probate is? Probate is the process of settling a decedent’s estate (paying off all debts with assets, locating all assets identified in the will and testament) and distributing their property to their heirs. Why Some… Read More »

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EstPl2

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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EstPlan16

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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MeetAtty

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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EstPlan22

Estate Planning During Covid-19

By Larry E. Bray, P.A. |

There’s nothing like a pandemic to make you face your own mortality. While ordinarily, having a valid will already puts you ahead of the game, a pandemic can raise other issues that a will won’t cover. For instance, if an individual becomes incapacitated due to illness, although the individual is unable to make any… Read More »

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Baby

West Palm Beach Estate Planning for New Parents

By Larry E. Bray, P.A. |

Being a new parent comes with a long list of new challenges and things to do. With all the sleepless nights, estate planning may not even be on your radar yet. That’s why talking with an experienced West Palm Beach estate planning attorney can help. There are many aspects of estate planning that become… Read More »

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Prenup7

Florida Estate Planning: Safeguard your Digital Assets with a Prenuptial Agreement

By Larry E. Bray, P.A. |

Digital assets are unlike the other assets that you include in your will or trust. Some people forget even to address them, which can be a huge mistake. Knowing how your digital assets will be treated upon your death (or even divorce) can help you better understand what can happen. If you are getting… Read More »

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