Do I Need More Than a Will for My Florida Estate Plan?
Many individuals, even those with significant assets, are negligent in establishing a comprehensive estate plan. A will, although necessary, is not sufficient.
Many individuals, even those with significant assets, are negligent in establishing a comprehensive estate plan. A will, although necessary, is not sufficient.
After a relative’s death, beneficiaries have rights to information about the estate, including accessing the will and understanding asset distribution. A probate lawyer can guide you through the process, protect your rights and resolve disputes to ensure that the estate is managed fairly and transparently.
Learn how a probate attorney can help you manage a loved one’s debts after their passing.
There are good reasons why people want their estates to avoid probate, and a lot of ways to do it.
Only 32% of Americans have a will. However, even if you believe you lack assets, going without a will is a big mistake.
Inadequate access to estate planning frequently prevents Black and Hispanic families from passing down wealth, which perpetuates the racial wealth gap.
If I knew then what I know now about probate, I’d have done more to avoid the process altogether with my mother’s estate.
Upon your passing, the way your assets are distributed and to avoid probate will be based on the type of estate plan you have.
The public is now likely to get a closer look at Simpson’s finances, and the families are likely to have a better shot at collecting—if there is anything to collect.
In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds the current exemption limit of $13.61 million.
1601 N. Flamingo Road, Suite 1
Pembroke Pines, FL 33028
1601 N. Flamingo Road, Suite 1
Pembroke Pines, FL 33028