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What is a Revocable Inter Vivos Living Trust?
Let's cover the different names first; living trust, family trust, inter vivos trust, inter vivos trust, revocable trust. They all mean the same thing. They all refer to the same document. That is a revocable trust. That's what everybody keeps referring to. Just like...
read moreWhat is Ancillary Probate?
Ancillary probate is a second probate. So let's say a person dies here in the state of Florida and still owns a piece of property up in New York. You would go through probate down here in Florida, and then there would be a second probate up in the state of New York....
read moreWhat is ICP Medicaid?
ICP Medicaid is institutional care program Medicaid. It's skilled nursing or nursing home Medicaid. It helps people pay for the cost of the facility for Medicaid and some basic medical care. Head to our YouTube Channel to learn more. Contact our firm with any...
read moreWhat is Probate?
Probate is an after death administrative process that makes sure your final bills and expenses are paid, and then distributes the assets to your heirs or to your beneficiaries. Head to our YouTube Channel to learn more! If you have any questions about probate or...
read moreWhat is the Difference Between Inheritance and Estate Tax?
Inheritance tax means somebody died and left me money and the state that I live in is going to tax me on that. Estate tax is from the different perspective. Estate tax looks at the person who passed away. So, I died and the value of my estate is greater than what the...
read moreWhat is the Notice to Creditors?
After a probate administration is opened up, the personal representative will publish a notice to creditors. This is not the same thing as an obituary column in the paper. This is a notice to the whole world that this person has passed away and they now have a certain...
read moreWhat Types of Property Need to go Through Probate?
When a person passes away here in Florida and you're going to do a probate, the only assets that have to go through probate are what was individually owned by the decedent. So there was no joint ownership, there was no beneficiary designation on the account. Those are...
read moreWhen is a Person Medically Needy Under Medicaid?
Generally speaking, a person is medically needy and eligible for Medicaid here in the state of Florida if they have trouble doing the activities of daily living. They can't walk or stand without assistance, they can't feed themselves without assistance. Now, that's...
read moreWhere is Probate Handled?
When you have to open a probate administration here in Florida, you're going to do that in the county where the person passed away. To learn more about probate in Florida, head to our YouTube video. Don't wait to contact us with your questions.
read moreWho Can Challenge a Will in Florida?
The person or people who can challenge a will here in the State of Florida is anybody who is an interested person in the estate, or who is negatively affected by the new will. Learn more on our YouTube Channel. Don't hesitate to contact our firm with any questions you...
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