Ways to Avoid Probate in Florida
Avoiding probate is often among the top priorities of anyone undergoing estate planning, and for a good reason. Probate is known to take too much time, cost too much money, and cause too much stress for loved ones. The Florida probate process can be overwhelming, especially following a traumatic event like...
6 Things You Need to Know About Florida Probate
Dealing with grief is not easy in itself, so when you also have to deal with the probate process after a loved one passes, it can be doubly stressful. The probate process involves identifying a deceased loved one’s assets, paying off their outstanding debts (if applicable), and distributing the rest of the...
3 Reasons Why You Need an Attorney for Florida Real Estate Transactions
Whether you are buying or selling a home, a building or a piece of land, every real estate transaction comes with potential pitfalls that can pose a real risk to your investment. Getting sound advice and guidance from a qualified Florida real estate attorney can help you manage that risk, no matter...
The Importance of Due Diligence in Commercial Real Estate Transactions
The term caveat emptor is not widely known among most real estate buyers and investors, but it is one of the most important and consequential legal principles of Commercial Real Estate transactions. Latin for “let the buyer beware,” it means that the buyer alone is responsible for verifying the quality and suitability...
The Real Estate Attorney’s Guide to Deeds
Broadly speaking, a deed is any legal instrument that conveys real property from one party to another. Whether you are purchasing a property or are being gifted one, you will need to sign some type of deed prepared by a Real Estate Attorney that recognizes the transfer and your subsequent legal...
Transfer Real Estate Without Probate With a Lady Bird Deed
A Florida Enhanced Life Estate Deed (also known as a “Lady Bird Deed” because President Lyndon Johnson used one to pass property to his wife, Lady Bird Johnson) is an estate planning instrument that allows a property owner to maintain control of his or her real property while also avoiding probate...
Navigating the Unity of Title Process with the Help of Real Estate Attorneys
The Unity of Title Process is a foundational requirement for many real estate developments, from single families to duplexes and condominiums. It is also used for commercial projects. Obtaining a Unity of Title often requires an Opinion of Title, which is a separate process that entails various forms and procedures. Understanding this two-step...
The Florida “Lady Bird” Deed – What You Need to Know
A Lady Bird Deed is one of the best estate planning tools Florida has to offer. Formally known as an “Enhanced Life Estate Deed,” this type of deed allows a property to pass automatically to a decedent’s designated beneficiaries upon death without the need for probate.
The history behind the name of...
Ask a Probate Attorney: What Happens When You Die Without a Will?
Most people know that a Will is a crucial legal document in any estate plan, as it establishes what assets you own and to whom they will be distributed. Given the importance of a Will, it is reasonable to wonder what would happen to your estate if you were Farshchian Law
Ancillary Administration for Florida Real Estate
When someone who owns real property in Florida but lives somewhere else passes away, the process of transferring ownership of that property is known as ancillary administration. Ancillary administration is also necessary when a Florida resident dies leaving property in another state.
Florida law requires that a personal...