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Don’t Say a Little Prayer: Estate Planning Lessons from Aretha Franklin's Probate Trial

Don’t Say a Little Prayer: Estate Planning Lessons from Aretha Franklin's Probate Trial
Iconic artist Aretha Franklin's estate, faced controversy when a second handwritten will, discovered in the cushions of her Detroit home, conflicted with her previously secure 2010 will. The dispute over the validity of these wills led to an expensive jur...
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Real Estate

Senate Bill 264: Impact on Florida Real Estate Transactions

James White, GRI

May 24, 2023

Senate Bill 264: Impact on Florida Real Estate Transactions
On July 1, 2023, Governor Ron DeSantis signed Senate Bill 264, known as the Interests of Foreign Countries Act, transforming the regulatory landscape of real estate transactions in Florida. This unprecedented legislation limits and regulates foreign principals...
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Real Estate

Brevard County Real Estate Market Analysis for April 2023

James White, GRI

May 17, 2023

Brevard County Real Estate Market Analysis for April 2023
As we delve into Brevard County, Florida's real estate market trends, April 2023 presents various developments. The data, which encompasses single-family homes and townhouses/condos, reflects certain buying trends, pricing, and inventory availability shif...
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Real Estate

Brevard County Real Estate Market Shows Mixed Performance in Q1 2023

James White, GRI

Apr 26, 2023

Brevard County Real Estate Market Shows Mixed Performance in Q1 2023
The real estate market in Brevard County, Florida, has experienced some interesting changes in the first quarter of 2023, according to the Brevard County Residential Report. The report reveals that the number of closed sales for Q1 2023 was 2,471 units, a 9.9%...
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Real Estate

Brevard County Zoning Meeting: Key Decisions & Public Input, Mar 2, 2023

James White, GRI

Apr 26, 2023

Brevard County Zoning Meeting: Key Decisions & Public Input, Mar 2, 2023
The County Commission meeting began at 5:03 PM, with Commissioners from Districts 1 through 5 in attendance. The Board of County Commissioners acts as a quasi-judicial body when addressing rezoning and Conditional Use Permit requests. Both applicants and oppon...
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Real Estate

Florida Homebuyers Beware: 10 Tips for Identifying Common Home Defects

Florida Homebuyers Beware: 10 Tips for Identifying Common Home Defects
Identifying home defects before purchasing a property is crucial for several reasons, especially in Florida where there are specific concerns that homebuyers should be aware of. A home is a significant investment, and it is essential to ensure that it is struc...
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Probate

Dispelling the Myths of Reverse Mortgages in Probate

Dispelling the Myths of Reverse Mortgages in Probate
IntroductionA reverse mortgage is a means for elderly homeowners to pull funds from equity in their home without the need to make regular mortgage payments.[1] In a reverse mortgage, the lender provides funds to the homeowner in lump sum or periodic payments, ...
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Wills, Trusts, & Estate Planning

Estate Planning for Same-Sex Couples in Florida

Estate Planning for Same-Sex Couples in Florida
LGBT couples and families face unique challenges in the probate process.In the LGBT community, the concept of a “chosen family” is prominent.[1] This is because members of the LGBT community are often estranged from their blood relatives and are less likely to...
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Probate

Lost but not Forgotten: Lost Wills and How to Establish Them

Thomas Patricks

Sep 1, 2022

Lost but not Forgotten: Lost Wills and How to Establish Them
IntroductionA lost will is a will that a testator was known to have in their possession but cannot be found after they die.[1]In Florida, if a will is lost, the presumption is that the will was destroyed by the testator because the testator wished to revoke it...
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Real Estate

Deed Fraud: Forgery, Damages & Remedies

Thomas Patricks

Aug 18, 2022

Deed Fraud: Forgery, Damages & Remedies
Under Florida law, a deed is a written instrument that creates, makes, grants, transfers, or releases an estate, a freehold interest, or an interest for a term of more than one year in, of, or out of any messuages, lands, tenements, or hereditaments.[1] Deeds ...
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Wills, Trusts, & Estate Planning

Understanding Testamentary Capacity in Estate Planning

Understanding Testamentary Capacity in Estate Planning
What is Capacity?Capacity is the ability of someone to make rational decisions, and thus be accountable for their actions. Individuals with capacity are people with the power to make important life decisions in the eyes of the law; those with capacity are lega...
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Probate

How To Use Estate Planning to Avoid Probate

How To Use Estate Planning to Avoid Probate
While probate ensures full disclosure of a decedent’s real and personal assets, shortens the timeline for creditors’ claims, and reduces the risks of errors in a will, the disadvantages outweigh the benefits. The probate process is time-consuming, has higher e...
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Business

What Is The Difference Between an S Corp and C Corp?

What Is The Difference Between an S Corp and C Corp?
Key Takeaways:C corps have double taxation while S corps have pass-through taxation.C corps can have unlimited owners, while S corps are limited to 100 shareholders.C corps are the default entity you are assigned during registration.Setting up a business struc...
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Business

How To Avoid Using a Descriptive Trademark

How To Avoid Using a Descriptive Trademark
Can you imagine spending years of your life working to build the perfect image of your company, products or services only to realize that you cannot successfully protect the brand that you have so carefully built? That is where the importance of selecting a tr...
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Wills, Trusts, & Estate Planning

POA 101: Who Has The Power?

POA 101: Who Has The Power?
When you sit down with an attorney to go through the fundamentals of the estate planning process, one of the questions you will almost certainly be faced with is this: who would you like to designate as your power of attorney. You may be unfamiliar with this l...
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