6 Main Steps to the Florida Probate Process
Florida Probate Process Timeline When a person dies in Florida, their belongings must be officially transferred over to their beneficiaries and/or heirs through a process known as probate. While having a will certainly makes this easier, it doesn’t let you avoid probate altogether. The individual …
How a Will Makes Florida Probate Easier
What is Probate? Probate is the official, court-supervised method of a distributing a deceased person’s property, paying off their debts, and verifying the validity of their last will and testament, if the decedent had one. During probate, the deceased person’s assets are re-titled in the …
How to Transfer LLC Membership Interest in Florida
3 Essential Documents to Purchase or Transfer LLC Membership Interest in Florida As is the case in most states, a Florida LLC’s owners are known as its Members. Their ownership in the company is known as their “membership interest.” While transferring membership interest in a …
When Should You Start Estate Planning?
Why You Should Start Estate Planning Now With the Help of Our St. Petersburg Law Firm The fact of the matter is that it’s never too early to start planning your estate. It’s a common misconception that it’s only for people approaching old age or …
What are the Different Types of Revocable Living Trusts in Florida?
Different Types of Revocable Living Trusts in Florida A revocable living trust is an entity separate from yourself that you create to make transferring property and other estate planning matters a little easier upon your death or incapacitation. As the name suggests, this trust can …
Could Your Florida Estate Plan Benefit from a Revocable Living Trust?
Pros & Cons of Using a Florida Revocable Living Trust for Estate Planning A revocable living trust is an entity formed to hold your assets, property, and other relevant possessions on your behalf. There are many reasons to consider using a revocable living trust as …
Considerations for Forming a Florida Limited Liability Company (LLC) for Real Estate
4 Considerations When Forming a Florida Limited Liability Company (LLC) for Real Estate For individuals who own real estate in Florida, it is important to consider the best way to structure your ownership, such as by holding your property in a Florida LLC. When you …
Estate Planning 101: 13 Need-to-Know Estate Planning Terms
Estate Planning Terms You Need to Know Estate planning – it is an incredibly important tool, not just for Saint Petersburg’s uber wealthy or those thinking planning on retiring in St. Peterburg. On the contrary, estate planning is something every adult should do, including both …
How to Own Property in St. Petersburg, Florida
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property in St. Petersburg, Florida. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a …
How to Create Florida Holding and Operating LLCs
Forming Holding and Operating LLCs in Florida If you’re interested in extra asset and liability protections for your Florida business, then it’s important for you to know a thing or two about Florida Holding and Operating LLCs. Essentially, the Holding LLC leases assets to the …
