How Do You Change or Dissolve a Life Estate Deed In Florida?
In Florida, life estate deeds are estate planning tools that allow individuals to own and live in a property while they are still living while giving a future interest to their beneficiaries (who avoid the probate process upon the owner’s death). However, what happens if the person creating the life estate...
Florida Probate for Small Estates
Probate is a court-supervised process for identifying, gathering, and distributing an individual’s assets, transferring the title of the assets to the beneficiaries of the probate estate, and resolving any mandatory creditor claims. It can be a time-consuming and costly process, requiring the filing of specialized documents and compliance with specific laws and procedures.
The Definitive Guide to Probate for Foreign Nationals
If you are among the thousands of foreign nationals who own real estate and other assets in Florida, be aware that Florida law has special requirements and protocols for non-U.S. citizens who own property in Florida at the time of their death. Probate for foreign nationals involves the intersection of state, federal,...
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...