Schneider Law, LLC Blog
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Brief summaries of various legal issues relating to estate planning and probate
Changes in the law, including those relating to the surviving spouse’s ability to “port” the decease spouse’s unused exemption, have created an opportunity for practitioners to utilize flexible...
Florida law appears to recognize an LLC Member’s right to control the disposition of his or her membership interest in an LLC upon death, without judicial intervention via a probate administration...
Let’s say a loved one has just died. Maybe a parent, sibling or a friend, and you know that you were named a beneficiary of that person’s estate or believe that that person has designated you the...
People often ask if a Will is absolutely necessary. The answer is almost always yes. There are so many factors to consider depending on the type of property involved and the identity of the...
Fund the Revocable Trust I have seen a number of clients come through the office over the past few months who, usually in the process of trying to sell an inherited home, that either through...
Florida law affords the surviving spouse of a decedent a variety of property rights. A brief description of these inheritance rights follows:Right to exempt property. The surviving spouse is entitled...
Many people unfamiliar with trusts are under the impression that all trusts protect an individual’s assets from the reach of his or her creditors. This is not so. For example, a revocable trust...
A lady bird deed, also known as an enhanced life estate deed, is a form of conveyance used in estate planning relating to the transfer of real property. A lady bird deed allows a property owner to...
When the lifetime exclusion amount was only around $600,000.00 and prior to the ability of a spouse to port or use the deceased spouse’s unused exclusion amount in her own estate, it was crucial...