South Florida Estate Planning News

Did you know that the majority of Americans do not have a will? It’s true! The number of US households with a will has been...

An operating agreement is crucial for LLCs as it outlines the operational framework and provides various benefits. • Customizable Business Operations: An operating agreement allows LLCs to customize their management and ownership structures, including profit distribution, ownership transfer restrictions, tax payment methods, and signatories for business accounts. • Maintaining Limited Liability: Having an operating agreement helps maintain the limited liability of LLC members by demonstrating the separation between the business and its owners, which is especially important for single-member LLCs. • Decision-Making Framework: The agreement specifies how decisions are made within the LLC, which is vital for multimember and manager-managed LLCs to avoid conflicts and ensure smooth operations.

Come join me at the Broward County Library for my presentation on probate nightmares. You will learn how to protect your money, your loved ones,...

Last week, our associate attorney, Demi Lamas, Esq., had the opportunity to attend the Florida Council of Aging’s Annual Florida Conference on Aging in Orlando,...

Navigating Grief and Responsibility: A Checklist for New Personal Representatives Losing a loved one is tough, and if you’ve been named as the Personal Representative of their estate, the responsibilities can feel overwhelming. It's crucial to take care of yourself while managing these tasks. We've put together a checklist to help you navigate this challenging time and make your visit to an attorney's office smoother. Remember, some of these tasks have deadlines, so it’s important to act sooner rather than later.

Our friend John has a job at Publix. He has a good job, a comfortable salary, and a nice home. However, John has never thought...

When starting a new marriage, there is much to think about: communication, living conditions, holiday plans, financial stability, and the wedding itself. However, something often overlooked by new spouses is the importance of creating an estate plan. It can be hard to think about what would happen if your spouse became ill, incapacitated, or worse, but an estate plan can ease those difficult times. An estate plan typically includes a will or trust, but the most important documents for a new couple are Health Care Directives and Powers of Attorney.