by Larry Tolchinsky | Trusts
A Florida revocable trust is an estate plan document where one person, the trustee, holds legal title of specific assets for the benefit of another, the beneficiary, and where the settlor, the person creating the trust, creates the trust for a legal purpose. A trust... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
A deficiency in the mortgage foreclosure setting is the difference between the value of a lien on real estate (the amount due to fully satisfy a debt) and the price obtained by the Bank after foreclosing on the property (or the fair market value of the property). Say,... by Larry Tolchinsky | Florida Probate
My latest summary is now posted on AboutFloridaProbate.com and on JDSupra. The summary is called the Florida Probate Process and offers an outline of the steps and documents filed in a Florida Probate. It is comprehensive and addresses some of the most commonly asked... by Larry Tolchinsky | Florida Wills, Intestacy
If an individual, the “decedent,” dies intestate (without a Florida will), Section 732.102 and 732.103 of the Florida Probate Code provide for the distribution of assets, first and foremost, to the surviving spouse and lineal descendants (children, grandchildren,...
