Most in Hernando County may view the probate process as only dealing with the distribution of assets to an estate's beneficiaries. Yet the actual purpose is to settle all of a decedent's financial affairs. This includes any creditors claims that might...
The Day Law Office
Qualifying for a mortgage after filing for bankruptcy
Among the more common misconceptions about bankruptcy is that it comes without consequences. Many in Hernando County might see it as an easy way for you to get away with not having to pay your bills. It might even be tempting for you to view it as a more attractive...
Selecting the right executor for your estate
You have the right to determine where your belongings go after you pass. Thankfully, a proper estate plan and will can help to make sure that happens. Along with those elements, it is important to have the right parties in place to enforce your written orders. That is...
What is a special needs trust?
If one of your children is a special needs child, you may wish to consider establishing a Florida special needs trust for him or her. As FindLaw explains, a special needs trust is one that you set up for the benefit of your child, naming him or her the beneficiary of...
The basics of trusts
People in Florida who want to understand their options when it comes to estate planning should know that a will is far from the only type of tool that may benefit them. For many people, the use of a trust can be a beneficial asset in protecting their estate and...
Revoking the probate of a will
The process of estate administration in Hernando County can be quite complex. Because of this, beneficiaries or other interested parties to an estate will want to time to research any and all estate planning instruments to fully understand the testator's intentions....
What can a power of attorney really do?
When it comes to planning for your future care, designating someone as power of attorney may seem like a difficult choice. First off, what can a power of attorney do? Does it mean you give up all your rights to the person you designate? Knowing what a power of...
3 tips for choosing a guardian for your children
After having children, a will becomes even more critical to draft. Why? For starters, you need to ensure your children get the financial and physical care they need if you are unavailable for whatever reason. One of the biggest decisions when drafting a will is...
How can I address student loan debt?
For recent graduates in Florida, student loan debt can seem overwhelming. Entry-level positions, which are common post-graduation, may not always provide a sufficient level of pay. As a result, chipping away at debt may seem like an uphill battle, which can be very...
What is a codicil?
If you have heeded the advice of estate planning experts in Hernando County, then you have likely already drafted your will. Yet there is indeed one issue that creating a will early on in your life presents: what happens as your material and/or familial circumstances...