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Category: Estate Planning

The Difference Between Revocable and Irrevocable Trusts

A living trust is an important legal tool that gives people the power to distribute their assets when they die in a way that avoids much of the complication of the probate process. Setting up a trust takes some work on the front end. It’s important that South Floridians considering this option consult an experienced Miami estate lawyer. The attorney can also help you decide between a revocable and irrevocable trust. Usually when a person dies in Florida, his or her assets are distributed in a legal process called probate administration. A judge assigned to the case will consider all […]

What Does a Personal Representative Do?

When a person dies in Florida, his or her assets are often distributed through a legal process called probate. A personal representative plays a key role in that process by ensuring that any outstanding debts and obligations are resolved and that the assets are distributed according to the deceased person’s wishes. That process can be made easier by seeking the counsel of an experienced Miami estate planning attorney. The personal representative, as the name suggests, is the person or entity designated to essentially stand in for the deceased during probate. The representative is often designated in a will. In situations […]