What is a Durable Power of Attorney?

What is a Durable Power of Attorney?

A durable power of attorney is the legal grant of authority that you give to another person to handle your financial affairs for you if you can’t. Typically it would be a spouse or a child, and it allows them to deal with banks, financial institutions, write...
What is a Living Will?

What is a Living Will?

A living will is a document stating your preference not to be connected to artificial life support should your condition be terminal, should there be no reasonable, medical probability of your recovery. Your death is imminent regardless of any kind of medical...
What is a Pour Over Will?

What is a Pour Over Will?

A pour over will is a last will and testament. We call it a pour over will. It works in connection with a revocable trust. And it really is just a safety blanket, a safety net. It’s kind of the whoops, if on the day that I die I own something, and it’s not...
What is a Revocable Inter Vivos Living Trust?

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...
What is Ancillary Probate?

What 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...