Category Archives: Asset Protection
How Florida’s Homestead Exemption May Restrict Your Estate Planning Options
Normally, a Florida resident is free to devise their property as they wish through their will or by creating a revocable trust. But there is an exception for married persons who own their primary residence. Such residences, known as “homesteads,” enjoy a special status under the Florida Constitution. Florida Law and Your Primary Residence… Read More »
Top Five Asset Protection Strategies
Everyone is rich. Most college graduates earn almost $3 million over the course of their working lives. Obtaining money isn’t that difficult in most cases. But holding onto that money is a different matter. Most people spend almost as much as they earn on housing and other basic living expenses. They usually splurge a… Read More »
I’m Behind on Mortgage Payments and I Don’t Want to File Bankruptcy. What Can I Do to Protect My Home?
Overall, the Sunshine State has one of the highest foreclosure rates in the nation. Hernando, Citrus, Wakulla, Osceola, and Charlotte Counties lead the way. Failure to timely make mortgage payments is, by far, the leading cause of home foreclosure in Florida. Legally, most banks can begin foreclosure proceedings after a single missed payment. Failure… Read More »