by The Purdy Firm | Aug 23, 2024 | Uncategorized
A Generation-Skipping Trust (GST) in Florida is a smart way to pass down your wealth directly to your grandchildren or other beneficiaries, skipping over your children to potentially avoid hefty taxes. This trust not only helps in preserving your family’s legacy but...
by The Purdy Firm | Aug 20, 2024 | Uncategorized
A valid will is key in estate planning. It lets you decide who gets your assets after you pass away. But, it doesn’t mean you can skip probate in Florida. Probate is the process where your estate is handled, debts are paid, and your assets go to your chosen...
by The Purdy Firm | Aug 14, 2024 | Uncategorized
Revoking a Power of Attorney (POA) in Florida is a straightforward process that allows you to regain control over your decisions. A POA is a legal document that gives someone else the authority to make decisions on your behalf, whether for financial or medical...
by The Purdy Firm | Aug 13, 2024 | Uncategorized
When a loved one passes away and leaves behind a trust in Florida, a common question arises: Does a successor trustee get paid in Florida? The answer is yes, but it can vary based on several factors. Successor trustees play a vital role in managing the trust and its...
by The Purdy Firm | Aug 12, 2024 | Uncategorized
Understanding how much probate costs in Florida is vital when managing an estate. Probate is the legal process of settling a deceased person’s affairs, which can include distributing assets and paying debts. The costs can vary widely, typically ranging from 3%...
by The Purdy Firm | Jul 18, 2024 | Uncategorized
Did you know the longest probate case in Florida lasted nine years and involved 27 beneficiaries? Navigating the probate process in Florida can be complex. But, with the right guidance, it doesn’t have to be overwhelming. Understanding the probate court in...
