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Avoiding Probate With Enhanced Life Estate Deed

How To Avoid Probate For Your Real Estate Property Almost all of our clients at The Miller Elder Law Firm want to know how to pass assets, including property, to their children (or other beneficiaries) without the expense or delay that can happen with probate.  In some cases we recommend an enhanced life estate deed which is available only in a few states and fortunately Florida is one of those states. Some know this planning tool as a Lady Bird Deed. A Florida Enhanced Life Estate Deed can avoid probate for your real property,...

Posted by on Aug 24, 2015

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Probate: Is Homestead Property A Probate Asset

Preparing for Probate: Is Homestead Property A Probate Asset? The answer is “yes” and “no” If a homestead property is established and meets Florida eligibility requirements, the property can be distributed to the beneficiaries of the decedent free of creditor’s claims.  If the property still has a mortgage, owes money for repairs or homeowners association liens, the homestead protection does not apply in full and those creditors can seek to reclaim that debt.   If an Enhanced Life Estate Deed or...

Posted by on Jul 26, 2015

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Estate Planning, Probate FAQ

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Probate-Prepare The Right Way

A Probate Overview Probate is often misunderstood with a reputation of being expensive, lengthy, and confusing.  At the Miller Elder Law Firm, our commitment to the community is an education to help you understand the basics of the legal process.  This allows you to make informed, sound decisions with all of the facts. Enjoy our series about probate and what you need to know. What is Probate? It is a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent’s...

Posted by on Jul 15, 2015

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Estate Planning, Probate FAQ

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10 Things To Know About Your Parent’s Financial Health

The Importance of Financial Health As You Age Helping your parents plan for financial stability in their later years will not only help them remain independent but will prepare the family for taking care of financial health issues if a parent becomes incapacitated. By agingcare.com What would happen if you had to suddenly take over management of a parent’s money and finances? If a parent becomes incapacitated, someone has to take over paying bills and managing their money.  Are you prepared? It’s better to have all...

Posted by on Jul 5, 2015

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Estate Planning, Uncategorized

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Elder and Special Needs Law: How To Find The Right Attorney

May is Elder Law Month by National Academy of Elder Law Attorneys (NAELA) Legal issues that affect people as they age and people with special needs are growing in number. Our laws and regulations are becoming more complex, and each state has different laws. Elder and Special Needs Law attorneys bring to their practice a knowledge of their clients that allows them and their staff to ignore the myths relating to aging and the competence of seniors and people with disabilities. At the same time, they will take into account and...

Posted by on May 19, 2015

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Elder Law, Estate Planning, Exploitation, Guardianship FAQ, Probate FAQ, Uncategorized

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