Florida residents who are planning to leave an estate must follow the state’s guidelines on probate planning and estate planning so that their beneficiaries do not have to endure an estate dispute. Probate is a legal process in which the courts identify the decedent’s assets, pay the cost of the probate action, pay off his or her debts and distribute any remaining assets to his or her designated beneficiaries. The formal process of estate administration ensures that the probate of wills follows the state’s legal requirements….
Death is an inevitable part of life. Although it can be uncomfortable to deal with, preparing for one’s eventual passing is important to make sure that one’s family and loved ones are taken care of after one passes away. This is why it may be valuable for readers in Florida to consider moving forward with. Having a solid, well-articulated estate plan will make sure that a person’s intended heirs receive his or her assets without having to deal with an expensive and prolonged probate process….
Readers in Palm Beach Gardens may be interested in a recent court ruling touching on the issue of guardianship where Alzheimer’s disease may be a factor. While the court decision comes from Guam and has no formal legal precedent in the United States, its reasoning may be of some import to judges in this country considering similar issues. A wealthy husband and wife in Guam were both diagnosed with Alzheimer’s disease in 2007. The husband has since died, though the wife remains alive….