Tag Archives: Boca Raton Estate Planning Lawyer
Alternatives to Formal Probate: Summary Administration
In Florida, when someone dies, his or her estate must be distributed by a probate court. While this process has become simpler and quicker since the adoption of the Uniform Probate Code, it can still be time-consuming and expensive because it requires overcoming numerous procedural hurdles. Fortunately, in certain situations, families can use a… Read More »
Estate Tax Portability
The federal estate tax taxes the transfer of a person’s property at death. However, most people never have to pay estate tax. This is because there is a significant exemption to estate taxation. This exemption can have an even greater impact for married couples because of portability, which essentially allows a spouse to inherit… Read More »
Estate Planning for Unmarried Couples in Florida
According to WFSU News, nearly 600,000 unmarried couples are living together in Florida as of December 2013. Nationwide, approximately 6.7 unmarried couples live together, per U.S.News. The rights of unmarried couples vary from state to state, but, generally speaking, unmarried couples are considered to be unrelated under the law regardless of relationship length or… Read More »