Probate and Trust Administration

Monday, December 19, 2016

Simple Tips for Executors

How can I prepare for being an executor?

While being named as executor of a loved one's estate may be an honor, it is also a serious responsibility. In fact, managing another's assets can be complicated and stressful, but there are steps you can take to make getting the job done easier.

The first thing to recognize is that coping with the loss of a family member or friend is emotionally challenging. Dealing with grief can not only make you sad, but irritable and anxious, all of which can affect your ability to think clearly. While there may be things that need to be done quickly, such as arranging for the funeral, take time to mourn before you assume your role as executor.

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Wednesday, November 23, 2016

Tips for Avoiding a Will Contest

How can I prevent my will from being contested?

For those who have a will in place, it is possible for family members to dispute your instructions in which case the probate court may ultimately decided how your assets will be distributed. There are a number of steps you can take to prevent a will contest after your death, however.

Reasons for a Will Contest

There are a number of claims on which a will contest can be based. The first is that the will was not properly executed. Generally, the document  must be signed by the person making it (the "testator") along with two witnesses.

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Thursday, July 21, 2016

Probate and Estate Planning In the Cloud: Florida Fiduciary Access to Digital Assets Act

What is the Florida Fiduciary Access to Digital Assets Act, and why is it important?

On July 1, 2016, the Florida Fiduciary Access to Digital Assets Act took effect. "Digital assets" include electronic records like emails, texts, online photographs, and social media accounts. Before the passage of the Digital Assets Act, Florida, like most other states, lacked any legal authority addressing the disposition of such assets in the event that an individual becomes incapacitated or dies. As a result, fiduciaries - including agents acting under Durable Power of Attorney, court-appointed guardians, trustees, and Personal Representatives of estates - were frequently denied access to digital assets by custodians of the incapacitated or deceased person's accounts. Every experienced probate attorney can attest to the growing problem posed by lack of legal access to digital assets.

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Monday, June 20, 2016

“Strange Inheritance” Reports on a Verras Law Client Who Inherited the World’s Largest Autograph Collection

The Fox Business News show “Strange Inheritance” recently visited the offices of Verras Law, P.A. to meet with probate attorney Spiro J. Verras and his client Juan Carlos Saucedo-Campos, who inherited the estate of legendary autograph collector Jack Kuster, including over 35,000 celebrity autographs and 17,000 never-before-seen celebrity photographs.

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Thursday, June 18, 2015

The Brady Bunch has become the typical Modern Family - How remarriages are affecting inheritance

Traditional families, in which neither spouse has been married before and in which all children share the same parents, usually have relatively straightforward estate planning needs. Blended families have unique inheritance considerations, and without careful planning couples with stepchildren may not achieve their estate planning goals.

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Sunday, May 17, 2015

Differences Between Testamentary Trusts and "Living" Trusts

Inter vivos "living" trusts are trusts that you create while you are alive, while testamentary trusts are trusts that you arrange to have created after your death.

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Friday, May 15, 2015

Do Heirs Have to Pay Off Their Loved One's Debts?

You cannot inherit debts. Probate serves as a sort of bankruptcy, in which the creditors of the deceased have a final opportunity to be paid from the non-exempt assets of the estate before the assets are distributed to the beneficiaries.

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Wednesday, April 22, 2015

What to Do after a Loved One Passes Away

The loss of a loved one is one of life's most painful traumas, and handling the affairs of the deceased can make it even more stressful. 

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Archived Posts


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