Early in 2020, many experts predicted a surge in bankruptcy filings due to the economic and personal disruptions caused by the COVID-19 pandemic. With unemployment at historically high levels for much of the year, it made sense to expect that millions of more...
The pluses and minuses of unequal wills
Most parents go out of their way to treat their children equally. This tendency carries over into estate planning, so it is typical to split everything equally for the children. But some question whether equal amounts are equitable. Sometimes the parents see a need...
When strategies to prevent foreclosure do not work
When people receive a foreclosure notice on their property in Florida, their first instinct is often to panic and feel hopelessness. While foreclosure is no casual issue, people do have the chance to stop the process in its tracks depending on how they handle their...
What should I consider when choosing a health care proxy?
Choosing the right health care proxy is just as important as having one in the first place. The person you choose must be willing to see your wishes through, even if they have a close personal connection with you. Because this decision is so important to your...
Who takes immediate possession of estate property?
The first question that many have after one passes away in Hernando County is "What next?" If you have been selected to serve as the personal representative or executor of a family member's or friend's estate, you might have the exact same inquiry. The important thing...
Detailing bankruptcy filing limits
A common misconception that many in Hernando County may have regarding bankruptcy is that the laws and regulations governing it are easily abused. By extension, the opinion that those same people have of those who file for bankruptcy is that they are simply...
How can you keep your entire 401k?
You put a great amount of individual effort into your employment in Hernando County; why, then, is your ex-spouse entitled to a portion of the benefits that come from that effort (such as your 401k)? First, it should be remembered that the money that funds your 401k...
During divorce, timeshares may present unique challenges
Timeshares are often an effective way for ordinary people to enjoy the jet setter lifestyle. After all, for just a fraction of the cost of buying a vacation property, you have access to a piece of paradise a few days each year. While you may love sharing your...
Business owners, litigation and personal bankruptcy
Whether you run a retail business or a company that deals with manufacturing, finance or any other field, you may face many challenges each day. As a business owner, being taken to court is one of the most difficult problems that you may encounter. Not only can...
How do you sell an inherited Florida timeshare?
Selling a timeshare in Florida is challenging even under the best circumstances. If you had to do this as part of your duties as the executor of an estate, there could be even more for you to consider. This goes beyond whether you want to keep the property. When you...