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Creating a Business Succession Plan

As a business owner, having a succession plan is crucial to ensure the continued operation of your company, especially when you're no more.

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The Importance of Asset Protection Planning

Asset protection should be part of any long-term estate planning, especially if you’ve accumulated assets besides your home, which is largely protected under Florida law.

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My Parent Remarried. Will Their New Spouse Inherit Everything?

Your divorced or widowed parent decides to remarry, and as his or her child, you start wondering if the new spouse will end up inheriting everything, leaving you out in the cold. Is this a logical fear?

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Do I Need To Probate My Deceased Spouse’s Estate?

If your spouse dies with or without a will in Florida, is probate necessary? If the decedent held assets solely in his or her name with no named beneficiary or right of survivorship, the answer is yes.

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The Probate Process in Florida

Florida’s probate courts are busy places. In the first six months of 2020 alone, individuals filed nearly 30,000 probate cases statewide and more than 27,000 were disposed of. For most adult residents of the state, those with wills and those without, probate court is where their lives’ business is completed.

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Estate Planning for Young Adults

When a person reaches 18 years of age, they legally become an adult and can start making medical, financial, and other major life decisions for themselves. As life gets busier and major life milestones are reached, proper estate planning can help young adults and their families prepare for difficult, emotional, and unexpected life scenarios.

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Understanding Guardianship

Guardianship is designed to protect and exercise the legal rights of minor children and incapacitated adults who are unable to make their own decisions. According to a report from the American Association of Retired Persons (AARP), there are about 1.5 million individuals under guardianship in the United States.

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The Benefits of A Special Needs Trust

A special needs trust can be established using one’s own funds or by relatives or friends using their money. If you or a loved one needs the benefits of a special needs trust and you’re located in or around Boca Raton, Florida, contact me — Eric H. Light, P.A. — to steer you through the requirements of setting up such a trust. I will confer one-on-one with you and make sure your trust meets the unique needs of the individual in need.

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Why Use an Attorney to Draft Estate Planning Documents Over Using an Online Form?

Without a doubt, we live in a “DIY” world. Most of us are willing to do some work ourselves to save the cost of hiring a knowledgeable professional. This is as true with our wills and other estate planning documents as it is with constructing built-in bookshelves in the family room.

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Everything You Need To Know About Guardianship Law

Are you facing a legal crisis? Are you in a situation where you need to appoint a legal guardian for yourself or someone in your family?

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