Liberty City, Florida is a community in Miami. Here, one of the biggest concentrations of African Americans in South Florida, as of the 2000 census, resides. Previously a part of the sporadically inhabited borders of northern Miami, what turned into Liberty City grew throughout the 1930s Great Depression when President Franklin D. Roosevelt permitted the creation of the Liberty Square housing project in 1933, the very first in the Southern U.S. Constructed as a reply to the worsening housing conditions in compactly inhabited and covenant-limited shantytowns of Overtown, creation on the original housing project started in 1934 and opened three years later. How can out-of-state residents or foreigners who possess real estate situated in Florida evade ancillary probate in Florida? Besides joint ownership and enhanced life estate deed, here are two other alternatives: If the individual is thinking about this alternative, he or she must not attempt to write his or her own deed. The person needs to check with a Florida lawyer to make sure that the deed is appropriately written and put on record. Which one of these alternatives with work the best for an individual? This will rely on a lot of factors, as well as the person’s use of the property (secondary home vs. residential rental property vs. commercial property); the individual’s creditor situation and that of his or her proposed heirs; his or her complete estate planning and asset protection objectives; and his or her budget. Therefore, the person will need to meet with his or her local estate planning lawyer in addition to a Florida estate planning lawyer to talk about the advantages and disadvantages of every alternative and then choose which one is the most sensible in his or her situation.Liberty City Probate Lawyer
Avoiding Ancillary Probate in Florida: Ownership in a Business Entity or Trust
What a Person Ought to Do?
Questions? Feel free to contact us.
Lorenzo Law Firm is ready to answer your questions or concerns. Feel free to contact us at your earliest convenience and make sure to call us in an emergency.
Lorenzo Law
Miami-Dade Office: 2850 Douglas Rd. Suite 303, Coral Gables, FL 33134
Broward: 12 SE 7th Street, Suite 701. Fort Lauderdale, Florida 33301
Phone: (305) 224-6811 | Email: jml@joselorenzolaw.com
We provide legal services throughout Florida including those in the following localities: Miami-Dade County including Aventura, Miami, Coral Gables, Doral, Fontainebleau, Hialeah, Homestead, Kendall, Key Biscayne, Miami Beach, Miami Lakes, North Miami, Tamiami, Westchester, and North Miami Beach; Broward County including Fort Lauderdale, Hollywood, Cooper City, Coral Springs, Hallandale Beach, Oakland Park, Pembroke Pines, Plantation, and Weston; and Palm Beach County including West Palm Beach.
DISCLAIMER
The information contained in this website is for general information purposes only. The information is provided by Lorenzo Law and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.