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Things To Know About Transferring Your Homestead To Your Children

By Legacy Protection, LLP |

Many people wonder if they should transfer their primary residence to their children before they pass away. Generally speaking, the answer to this question is a resounding ‘No!” Your primary residence has a homestead designation in Florida. This homestead is applied to ensure that it provides you with certain benefits, as well as certain… Read More »

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Common Advance Healthcare Directives In Florida

By Legacy Protection, LLP |

It is not uncommon for Floridians to have strong opinions about the health care they do or do not wish to receive now, or in the future. If you ever suffer from a physical or mental incapacity, these feelings become even more important if you are not able to articulate them. Advance healthcare directives… Read More »

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What Does A Personal Representative Do?

By Legacy Protection, LLP |

Being appointed as the personal representative of an estate is a big responsibility. Hopefully, the person who designated you to oversee their estate has spoken to you about it before they passed away. Regardless of whether you were aware of the designation or not, seeking legal advice is important to ensure nothing is overlooked… Read More »

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What Are Electronic Wills In Florida?

By Legacy Protection, LLP |

As of July 2020, Florida law has allowed electronic wills, which are drafted, signed, witnessed, and stored entirely electronically. Now, Floridians can create a will without ever leaving the comfort of their own home. While the process is vastly different from traditional wills, electronic wills serve the same purpose. Below, our St. Petersburg wills… Read More »

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When Should You Update Your Estate Plan?

By Legacy Protection, LLP |

If you have accumulated property in your lifetime, you have likely given some thought about how you would like it distributed after you pass away. You may have even created an estate plan to ensure that your family is cared for. However, creating an estate plan is usually not enough. You also must review… Read More »

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Common Misconceptions About Your Estate After You Pass Away

By Legacy Protection, LLP |

When it comes to the law, particularly estate planning, there are many misconceptions that have formed over the years. Believing these myths when creating your estate plan may result in your loved ones not having the protection you intended for them after you pass away. Below, our St. Petersburg estate planning lawyer outlines the… Read More »

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What Happens If Probate Is Not Filed In Florida?

By Legacy Protection, LLP |

After a person passes away, their estate must go through the probate process. While many people take certain steps to help their loved ones avoid the probate process, it is still quite often necessary. There are many important steps in probate, including validating the deceased’s will and distributing property to the beneficiaries. After a… Read More »

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How To Fund A Revocable Trust

By Legacy Protection, LLP |

One of the main reasons people create revocable trusts is to help their loved ones avoid the probate process when they pass away. Probate is a time-consuming and expensive process and many people want to protect their loved ones from it. Revocable trusts are one of the best ways to do this, but if… Read More »

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Advantages And Drawbacks Of A Durable Power Of Attorney

By Legacy Protection, LLP |

In Florida, a durable power of attorney is an important estate planning tool. This legal document will allow you, as the principal, to designate another person, who will become your agent, to manage your legal and financial affairs in the event that you cannot manage them on your own. While these legal documents are… Read More »

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Estate Planning Tips For New Parents

By Legacy Protection, LLP |

Welcoming a new child into your life is one of life’s biggest blessings. While a child brings immense joy, it also has a host of responsibilities and these require careful planning. As a new parent, estate planning is one of the most important things you can do today to protect yourself, and the rest… Read More »

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