Best Lawyers Specialising In Inheritance In Miami Near Me

4worldlovers:
A boutique Law Firm focusing our practice in Elder Law, and Special Needs Law. From the preparation of simple Wills, Trusts and Powers of attorney to complex Probate Estates and Guardianship proceedings, Suarez Law is here to provide you with comprehensive and experienced representation. Our firm specializes in Special Needs planning for individuals of all ages with disabilities and our elder population who need assistance meeting their long term care needs through Medicaid planning.

In my years of estate and elder planning, clients have presented at various stages of life’s unfolding: marriage, birth of grandchildren, retirement, incapacity, death. Events welcomed or feared prompt clients to seek advice and the legal tools needed to navigate the passages. I admire those who have the foresight and the discipline to undertake this. But there are many, many more of us who do not take that step.

4worldlovers:
Probate is one of those legal procedures that just about everyone undergoes at some point in their lives. The process can get surprisingly complex if estate finances are complicated, or if a large amount of assets must be distributed. At Lorenzo Law, we know how to handle your probate problems.


Firm founder Jose M. Lorenzo is well respected among both clients and peers — prestigious lawyer directory Avvo.com, for example, rates his legal services at a perfect 5/5 based on over 50 reviews. Let us put our resources to work for you! Following is a brief overview of how probate law works in Florida (minus the hidden complications, which are almost always relevant).

Not all assets need to go through probate to be distributed — title to certain kinds of property can pass automatically. Some examples follow:

Assets held in joint tenancy or tenancy by the entirety. When one tenant dies, the property automatically passes to the surviving tenant.

Assets for which a named beneficiary exists — a life insurance policy, assets held by an IRA or a 401(k), securities held in a transfer-on-death account, funds in payable-on-death bank accounts, etc.

Because these types of ownership schemes are extremely useful, you would likely benefit from some state planning if you own significant assets. In particular, an unincorporated small business owner who wishes to pass on his business to his descendants needs to know how to keep company assets out of probate

$32,000 in a joint checking account with his brother (they were partners in a business venture when Daniel died).

$110,000 in cash held in bank accounts owned by a living trust titled in his name, the benefits of which are regularly distributed to his sons on a monthly basis.

A life insurance policy worth $62,000 that names his church as the beneficiary.

Daniel’s wife predeceased him, and he is survived by two sons. He has no debts except a $36,000 mortgage debt on his home His last will and testament leaves all of his property to his adult sons in equal portions. His property is distributed as follows:

His $16,000 in savings is distributed equally to his sons ($8.000 each) by the probate court.

The $32,000 in the joint checking account goes to his brother immediately, with no need for probate.

His home is sold for $140,000 under the supervision of the probate court, the mortgage is paid, and the remainder is split between his sons after the cost of sale is deducted. Each receives about $50,000. One son could have kept the house for himself with the agreement of his brother, by paying his brother $50,000 and taking over the mortgage.

The probate court rules that the truck belongs to each son in equal portion; they can sell the truck and split the proceeds, or one son can keep the truck by paying his brother for half of it.

The life insurance policy benefits are paid to the church with no need for probate.

The estate includes no real estate, and all property is exempt from creditors’ claims except for funeral expenses and expenses for the last two months of the deceased’s last illness; or

The deceased has been dead for more than two years, or (in some cases) if estate assets don’t exceed $75,000 above the amount subject to creditor claims.

If either of these two circumstances apply, the probate process will be far less burdensome than full probate administration would be.

Most estates with significant assets are subject to full probate administration. The full formal probate process works like this if all goes smoothly:

The executor nominated in the deceased’s will, or an “interested party” (someone who stands to gain or lose from the outcome of probate proceedings) petitions the probate court sitting in the county where the deceased died to be appointed the personal representative of the estate.

The court appoints the personal representative (typically the person nominated in the will, if the deceased left a will).

The court notifies two groups of people of the upcoming probate proceedings (i) people who stand to inherit under the will and (ii) people who stand to inherit if the will is declared invalid.

The court issues the personal representative Letters of Administration, which give the personal representative the authority to represent the estate in dealings with third parties such as creditors and debtors.

The deceased’s last will and testament is filed with the probate court, if one exists.

4worldlovers: The Estate Plan is a boutique estate planning law firm helping Florida families protect the people they love most by planning for What If and be prepared for What Now.

Our office is located in Coral Gables, Florida and we specialize in estate planning, estate administration & litigation, trust administration, and partition actions.

We have a team of compassionate professionals who bring an extraordinary depth of experience and help clients in unique and creative ways.

As you tell us your needs before we offer a uniquely tailored solution to bring you and your family peace of mind.

We also welcome the opportunity to collaborate with your personal and professional advisors, such as your financial planner, accountant, and coaches to ensure that all your needs are met.

Our team masked up, slathered on hand sanitizer, and went to client’s front yards for them to sign their documents. Sometimes, at the request of clients, the documents were signed al fresco.

If today you become incapacitated or pass away, do your agents know how to take action when they are needed the most? Our highly anticipated “What If” meeting is an educational tool for your agents to prepare them for their role when they need to take action.

Ensures that all your assets are aligned across all areas of your estate plan. Clients save time, and thousands of dollars and can avoid probate when we do this for them rather than them trying to figure out how to do it themselves.

Our law firm offers its clients the resources of larger firms while remaining true to our core values of availability and sensitivity. Our clients are able to access an attorney 24/7 in emergency situations.

We pride ourselves in being a paperless office and cloud-based, as we are able to respond to emergencies in real-time from anywhere. Our solutions will ensure that you are prepared for whatever happens in the years ahead.

Protecting your future and your loved ones does not have to be complicated. With a well-drafted estate plan and the help of a local estate planning attorney, you can have the peace of mind that the people you love are well taken care of. Here are some things you can do to plan for life’s what-ifs.

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