What is the Best Probate Option for Me in Florida? By Jacqueline R. Bowden Gold, Broward Probate Attorney – Navigating the probate process can be daunting, especially during an emotionally challenging time. Florida law provides several probate options tailored to the complexity of the estate, the size of the assets,…
Articles Posted in Trust Administration
3 Creative Ways Family Law Attorneys Can Use Trusts
3 CREATIVE WAYS FAMILY LAW ATTORNEYS CAN USE TRUSTS By: Phillip B. Rarick, Miami Trust Attorney, and Maria C. Gonzalez, B.C.C., Family Law Attorney The following note is a brief review of three popular trusts that can help ensure compliance with future financial obligations set forth in a Pre-Nuptial…
The Importance of Your Adult Child Naming a Healthcare Surrogate and Power of Attorney
The Importance of Your Adult Child Naming a Healthcare Surrogate and Power of Attorney By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney – When a child turns 18, they reach the legal age of majority. While they may still be living at home and supported by you, your child is…
Is a Handwritten Will Valid Under Florida Law?
Is a Handwritten Will Valid Under Florida Law? By: Jacqueline R. Bowden Gold, Miami Lakes Estate Planning Attorney When planning for the future, a crucial step is ensuring that your wishes are respected after your death. This often involves creating a will. However, not all wills are created equal, and understanding…
Keeping Peace in The Family: 5 Common Pitfalls
Keeping Peace in The Family: 5 Common Pitfalls By Attorney Phil Rarick, Weston Estate Planning Attorney As an estate planning attorney, I sometimes witness stressful family fights that break out upon the death of a father or mother or husband and wife. On some occasions, it’s outright family warfare! What…
Celebrities Who Died Without a Last Will
Celebrities Who Died Without a Last Will The Importance of Estate Planning By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney When we think of celebrities, we often envision lives of glamour, wealth, and success. However, many high-profile individuals have passed away without taking a crucial step that could have spared…
2024 Property Tax Appeal Deadline: Read the Small Print!
2024 Property Tax Appeal Deadline: Read the Small Print! By: Phil Rarick, Miami Trust Attorney You will miss this deadline if you do not read carefully – and you may need a magnifying glass to find it. Around the last weeks of August, you should have received in the mail…
Incorporating Cryptocurrency into Your Estate Plan
Incorporating Cryptocurrency into Your Estate Plan By: Jacqueline R. Bowden Gold As cryptocurrency continues to grow in popularity, it has become an increasingly important asset class for investors. However, many people overlook the complexities involved in incorporating digital assets into their estate plans. Unlike traditional assets, cryptocurrency presents unique challenges…
Understanding Step-Up in Basis
A Crucial Tool for Estate Planning By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney Step-up in basis is a tax provision in the United States that can significantly benefit those who inherit assets. By resetting the value of an inherited asset to its fair market value at the time…
Florida Successor Trustee Checklist 2024
Florida Successor Trustee Checklist By Phillip B. Rarick, Miami Trust Attorney You are named the successor trustee and the trustmaker has just died. No doubt these are difficult times, but thankfully there are many resources to help. The following is a checklist of initial important tasks to help guide…