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twarnock16
7 hours ago5 min read
Unveiling the Mystery: Navigating the Creation of a Revocable Trust with Confidence
Creating a revocable trust can seem overwhelming, filled with legal jargon and complex processes. However, gaining a clear understanding...
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twarnock16
Feb 44 min read
Understanding the Complexities of Guardianship in Estate Planning for Special Needs Dependents
When planning for a family member with special needs, guardianship is crucial. It ensures that your loved one’s needs are met and...
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twarnock16
Jan 294 min read
Crafting a Comprehensive Estate Plan for Blended Families in Florida: Key Components to Consider
Establishing a comprehensive estate plan is vital for blended families in Florida. The dynamics of combining different family structures...
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twarnock16
Jan 203 min read
New IRS ruling for Irrevocable Trusts and Step-Up in Basis (Rev. Rul. 2023-2)
In the world of estate planning, clarity and precision are critical. A recent development, Rev. Rul. 2023-2, has introduced significant...
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twarnock16
Oct 31, 20245 min read
Understanding the Differences Between Probate Administration and Trust Administration in Florida
When it comes to managing and distributing a decedent’s assets, the terms "probate administration" and "trust administration" often...
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twarnock16
Oct 29, 20244 min read
The Pros and Cons of a Florida Enhanced Life Estate Deed (Lady Bird Deed)
When planning your estate, it’s essential to make thoughtful decisions about how your assets will transfer after your lifetime. If you...
255 views0 comments


twarnock16
Oct 24, 20244 min read
What Happens to the Original Will in Florida After Someone Passes Away?
When a loved one passes away, there are many legal and administrative tasks that need to be addressed. One of the most important...
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twarnock16
Oct 3, 20244 min read
 "I'm Named as Personal Representative: Do I Need to Go Through Probate?"
Being named as a personal representative (often referred to as an executor) in someone's will is a significant responsibility. If you’ve...
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twarnock16
Sep 19, 20244 min read
 Understanding the Differences Between Summary Administration and Formal Administration in Florida Probate
When a loved one passes away in Florida, their estate typically goes through a legal process known as probate. Probate is the...
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twarnock16
Sep 5, 20245 min read
Who Controls a Decedent's Assets After Their Death?
When a person passes away, their assets don’t simply disappear. Instead, they are subject to legal procedures that determine who will...
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twarnock16
Aug 31, 20245 min read
Understanding the Purpose of a Last Will and Testament
A last will and testament, commonly referred to simply as a "will," is a legal document that plays a crucial role in estate planning. It...
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twarnock16
Aug 26, 20245 min read
 Understanding the Length, Time, and Cost of Florida Probate
When a loved one passes away, their estate often needs to go through a legal process known as probate. In Florida, probate is the...
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twarnock16
Aug 25, 20244 min read
Understanding the Difference Between a DNR and a Living Will
When planning for the future, especially concerning end-of-life care, it’s important to understand the various legal documents available...
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twarnock16
Aug 22, 20244 min read
What Happens to Your Real Estate After You Die: With and Without a Will
Planning for the future involves making decisions about how your assets, including real estate, will be distributed after your death. A...
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twarnock16
Aug 19, 20245 min read
Consolidating Finances and Downsizing: A Practical Guide for Aging Individuals to Simplify Trust Administration
As people age, planning for the future becomes increasingly important. One critical aspect of this planning involves organizing and...
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twarnock16
Aug 16, 20244 min read
 Placing Your Florida Homestead in a Revocable Trust: How It Affects Your Homestead Tax Exemption
For many Florida homeowners, the homestead tax exemption is a significant benefit, offering substantial savings on property taxes....
386 views0 comments


twarnock16
Aug 13, 20244 min read
Understanding the Roles of Settlor, Grantor, and Trustee in a Revocable Trust
When setting up a revocable trust, it's essential to understand the key roles involved in its creation and management. The terms...
422 views0 comments


twarnock16
Aug 11, 20243 min read
Understanding the Tax ID Number for a Revocable Trust While Living
When setting up a revocable trust, one of the common questions that arises is whether the trust needs its own tax identification number...
2,031 views0 comments


twarnock16
Aug 9, 20243 min read
The Risks of Not Having an Estate Plan: Protecting Your Future and Your Loved Ones
Estate planning is often misunderstood as something only the wealthy need to worry about. However, failing to create an estate plan can...
13 views0 comments


twarnock16
Jun 20, 20244 min read
Planning for the Possibility of Incapacity: Essential Steps for Peace of Mind
The future is unpredictable, and the possibility of becoming incapacitated due to illness, injury, or aging is a concern for many. Proper...
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