Florida’s Unlimited Homestead Exemption: The Most Powerful Creditor Shield in the Country
If you own a home in Florida, you are likely sitting on one of the most powerful asset protection tools in the United States. Florida’s homestead exemption protects your primary residence from forced sale by most creditors, with no dollar cap on the value of the home. Whether you own a $200,000 starter home or […]
The Florida Lady Bird Deed
The Lady Bird Deed: Florida’s Underutilized Probate-Avoidance Tool If you own real estate in Florida and want to pass it to your heirs without going through probate, you have several options. One of the most flexible and least understood is the enhanced life estate deed — commonly known as the “Lady Bird deed.” Here is […]
Asset Protection and Estate Planning: Why They Must Be a Unified Strategy
Many clients treat asset protection and estate planning as separate conversations—one triggered by a business venture or liability concern, the other by drafting a will or trust. In Florida, treating these as isolated silos is a costly mistake. The most powerful protections are deeply connected to how your estate plan is structured, and a plan […]
Florida’s Homestead Exemption and Estate Planning
Florida’s Homestead Exemption: What Every Estate Planning Client Needs to Know Florida’s homestead exemption laws are among the most powerful — and most misunderstood — property protections in the United States. For estate planning clients, understanding how homestead intersects with wills, trusts, and creditor exposure is not optional. Getting it wrong can undo an otherwise […]
The Florida Uniform Fiduciary Income and Principal Act
Florida has become one of a growing number of states to adopt a more flexible approach to dividing receipts and disbursements between income and principal by fiduciaries. The Florida Uniform Fiduciary Income and Principal Act (FIPA), 2025 Florida Statutes Chapter 738, is based on the structure of the 2018 Uniform Law Commissioners’ Uniform Principal and […]
Florida Doubles Its Summary Administration Threshold to $150,000: What Families Need to Know
If a loved one has recently passed away in Florida — or if you are thinking ahead about your own estate — there is important news. Florida has passed CS/SB 1500, a meaningful reform to the state’s probate law, and it was approved unanimously by both chambers of the Florida Legislature. The headline change makes […]
Making Sure Your Beneficiary Designations Are Up to Date
Probate is the legal process of distributing your estate after death to your heirs. Involvement with probate court can be lengthy and costly, so people often attempt to place as much of their wealth as possible in non-probate assets. While some assets you own at the time of your death must go through probate, others, […]
5 Things Your Will CAN’T Do: Why You Need a Comprehensive Estate Plan
When you think of estate planning, a will may be the first thing that comes to mind. However, a will is only one small part of a comprehensive estate plan. Here’s what your Pembroke Pines estate planning attorney at Kramer Green wants you to know about wills and their limitations. 1. Your Will Does Not Avoid […]
Mistakes to Avoid When Leaving an Inheritance to Your Child
Passing down wealth to your children through inheritance is one of the most meaningful aspects of estate planning—but it’s also one of the most misunderstood. While it may seem straightforward to name your child as a beneficiary or transfer assets during your lifetime, doing so without careful planning can trigger unintended tax consequences, expose assets […]
Is a Trust a Good Means of Asset Protection?
Life is unpredictable—and so is financial risk. These risks make asset protection critical. A single car accident, an economic downturn, or a business closure can trigger lawsuits, debt, and creditor claims that threaten everything you’ve worked for. Many Floridians don’t realize how exposed their assets are until it’s too late. That’s where strategic legal planning […]