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October 2018 Archives

Can my spouse keep the house?

The desire to keep a family home after getting divorced is not uncommon and is certainly understandable, especially if children are still living at home. If you are getting divorced in Florida and your spouse wants to keep your house to maintain stability for your kids, there are some things you should know so that you can protect yourself in the process.

3 methods of reducing estate tax

When you create your estate plan, chances are, one of your priorities involves maximizing the amount of money you get to leave behind for your loved ones. While there are many different steps you can take in your efforts to do so, one way you can increase the amount you leave behind involves reducing how much your beneficiaries pay in estate tax.

Important estate planning considerations amid divorce

Divorce can throw your entire life into a tailspin, potentially affecting everything from your home address to the amount of time you get to spend with your children. Your financial situation and your estate planning needs are also likely to change when you separate from your spouse, but there are certain steps you can take along the way to get your financial and related affairs in order ahead of the day your divorce becomes final.

What are the required components of a will?

Having a will allows you to dictate what you want to happen with your personal property and assets after your death. It also allows you to manage care for pets and minor children. Creating a will in Florida is not too difficult. However, you must ensure that any will you create meets legal standards. Otherwise, it may not be upheld after your death.

Reviewing the cost of probate

We here at The Day Law Office often see clients who have recently had loved one pass away in Hernando County and are now fearful about having to deal with the probate process. As you have delved deeper into your own estate planning, you have probably heard many experts say that probate should be avoided if possible. This advice is not necessarily due to problems with the process itself, but rather the costs associated with it. Probate expenses are paid directly from an estate's assets. Thus, an estate that you may be party to could see its value diminished from being probated. 

How can credit counseling affect a bankruptcy case?

Like many in Hernando County, you may be surprised at being asked to go through credit counseling prior to seeking personal bankruptcy. The reason for this requirement is three-fold; first, according the Administrative Office of the U.S. Courts, it is a federal requirement. Second, the hope is that you'll be able to avoid the issues that led to you struggling with debt in the future, and education such as this (as well as that which comes from the required debtor education you have to complete prior to your bankruptcy being discharged) should help with that. Finally, pre-bankruptcy credit counseling is to help both you and the courts understand if bankruptcy truly is your best option. 

How can I handle a contentious divorce?

While divorce is rarely easy for couples in Florida, in some cases it can be extremely contentious. When marriages end because of infidelity or financial dishonesty, it can be hard for both parties to move on in a healthy manner. Psychology Today offers the following advice in this case, which can help you deal with the stress of a toxic divorce.

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Day Law Your Hometown Attorneys

4108 Deltona Boulevard
Spring Hill, FL 34606

Toll Free: 888-326-9553
Phone: 352-200-2382
Fax: 352-684-4529
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