The Late Jimi Hendrix, a Cautionary Tale . . . for Estate Planning?
Known for his pioneering guitar prowess and electrifying performances, Jimi Hendrix changed the way we experienced the electric guitar.  Jimi Hendrix, only 27 when he died, influenced millions of guitar players around the world – including Eddie Van Halen who sadly died recently himself.
What is the Homestead Exemption in Florida?
If you are looking for reasons to buy real estate in Florida, then you can add tax benefits as one of those reasons. Specifically, Florida’s homestead exemption is a very effective way to reduce your tax burden in the State of Florida [...]
The Good and Not So Good About Irrevocable Trusts
If you are actively planning your estate, then you are doing something very smart for you and your family. In the process of estate planning, you are likely weighing a number of different options. To name a few examples, you need to consider who will be the executor (under Florida law, called the personal representative) for your last will and [...]
What is a Self-Proving Affidavit in Florida?
Whether you have already set up an estate plan and you need to revisit it, or if you are planning to set up an estate plan for the first time, your ultimate goal is to make sure that your assets and affairs are distributed and handled in the manner according to your wishes after you pass away. That can sometimes [...]
What You Need to Know About Personal Representative Duties in Florida
Have you been appointed as a personal representative for someone’s estate in Florida, or are you considering who you should select to be the personal representative for your estate? Whether you have been asked to be a personal representative, or are selecting a representative, the first order of business is to get an understanding of what are the personal representative [...]
6 Estate Planning Tools That You Need to Consider
The coronavirus pandemic has taught us a lot of things that we might not have quite realized as a culture. In a lot of ways, the pandemic revealed how fragile our health care system is in the U.S. It has revealed how much we depend on schools to help give our children structure as they develop. It has revealed how [...]
The Probate Process 101: Your Guide to Florida Probate
It is always a good time to get back to basics. Each state in the U.S. has their own laws with regard to probating a deceased person’s estate, and Florida is no exception. If you have recently lost a loved one and would like to know how the probate process in Florida works, then you have picked the right article.
Whenever we think of passing on our assets, and our legacy, to our family, the document that looms largest is always the last will and testament. Indeed, there are many different types of estate planning and probate-related documents and tools for those who want to pass assets to future generations yet leaving property in a will is still one of [...]
Are There Special Tax Deductions for Daycare Providers?
While daycare centers typically enjoy all the possible deductions available to any ongoing business, you may be surprised to learn that there are particularly focused tax deductions for daycare providers that some other businesses may not enjoy.
Probate and Life Insurance, How Do They Relate to One Another?
One of the most common questions we get at Doane & Doane, PA is “does life insurance go through probate?” The short answer to that question is “no . . . in most cases.” Indeed, even though a life insurance pay-out is normally separate from probate assets, there is some gray area with regard to the relationship between probate assets [...]