The Florida Land Trust

Let’s be honest, here in Naples, Florida, real estate is a big deal. People love the area, the homes, the land and everything it has to offer, so naturally as an Estate Planning lawyer I commonly receive the question from clients and potential clients of, “What is a Land Trust?” The Land Trust is actually […]

Responsibilities of a Trustee

Whether your Trust is a Revocable Trust or an Irrevocable Trust, there are certain responsibilities that the appointed Trustee will be bound to and must uphold. Serving as Trustee can be time consuming and complex but it does not have to be. Having a great Attorney, C.P.A. and Financial Advisor surrounding you is an asset […]

Filing a Homestead Exemption in Collier County

Filing a Homestead Exemption in Naples, Florida. When do I have to file for the Florida Homestead Exemption in Naples, Florida? Florida grants homeowner’s a minimum of $25,000.00 exemption on the assessed taxable value of a person’s primary principal residence also known as your Homestead. In order to qualify for this Homestead Exemption you must […]

Devise of Homestead with Spouse and Minor Children in Florida

Devise of Homestead in Florida with Spouse According to Florida Statute 732.4015 “Devise of homestead”, “…as provided by the Florida Constitution. The homestead shall not be subject to devise if the owner is survived by a spouse or a minor child or minor children, except that the homestead may be devised to the owner’s spouse […]

What is a Revocable Trust?

A Revocable Trust is also known as a Living Trust. It is a legal document that is created by you (or you and your spouse) to manage your assets, such as real property and investments during your lifetime and distribute the remaining assets after you pass away. The person that creates the Revocable Trust is […]

Who Can Serve As Personal Representative In Florida?

When a Formal Administration probate is opened in Florida, the Estate must be represented by a person.  In Florida that person is usually called the “Personal Representative” but this is synonymous with the terms “Executor” and “Administrator”. The Personal Representative acts on behalf of the Estate after the Judge issues what is called the “Letters […]