Blog - Rubén J. Padrón, PA - Page 24

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What Can a Person Do with a Power of Attorney?

August 24, 2020

Having a power of attorney is a normal part of an estate plan, but before you assign one (or accept one), you should know exactly what they can and cannot do. Powers of attorney are designed to act on behalf of the assignee, so if, for example, your father assigns you power of attorney, you might be able to make medical or financial decisions when he is unable to do so himself. Read on to learn what you need to know about the power of attorney role in Miami, FL. Definition A power of attorney is a legal document that... View Article

Will vs. Living Trust: What Is Right for You?

August 7, 2020

A will is a written document that indicates how property is to be distributed after you die. Living trusts provide property management throughout life and after death, which can prove handy if you become incapacitated. When you are deciding between creating a will or a living trust in Miami, FL, you will likely find appealing attributes to both. However, what’s best will depend on your situation. Here are five factors to consider when deciding which estate planning vehicle works best for you: Assets: A living trust only works if you place assets into it. If you are planning more to... View Article

Essential Estate Planning During the Pandemic

July 24, 2020

This may sound morbid, but there is no time like the present to start estate planning. Even if you are at low risk of complications of COVID-19, it is still a good idea to make estate planning documents in Miami, FL a priority, because the overall risk of death and disability is higher during pandemics. It is best to be prepared rather than throw your family for another loop. Here are four essential tasks to complete for estate planning now: Check your will: If you have a will, check and make sure it is current. This is especially essential if... View Article

Determining Liability in a Rear-End Collision

July 24, 2020

Rear-end collisions are one of the most common types of car accidents, but determining who is at fault isn’t as easy as it might seem. While sometimes it’s pretty clear who is at fault, having a skilled attorney on hand to help you (and the court) determine fault in a rear-end collision in Miami, FL is incredibly helpful. How to tell who is at fault in a rear-end collision In Florida, it’s presumed that the driver of the following car is responsible for the accident. However, that presumption can be rebutted in several specific ways: The car in front unexpectedly... View Article

When Is a Good Time to Create a Will?

July 10, 2020

Are you ever too young to write a will in Miami, FL? No. Once you’re over 18 years old and own any property, you should have a will. No one likes to think of themselves dying, but death is an unfortunate fact of life, and having a legal will written will help your surviving loved ones carry out your final wishes. You can create a will yourself or with the help of an attorney, but bear in mind that if you do it yourself, you may leave instructions that can’t be legally upheld. If you have important property dispositions in... View Article