Law Office of Mary King, P.L.

  Florida, famous for its beautiful beaches and sunshine, is also home to unique tax laws, especially when it comes to inheritance. If you’re a resident of the Sunshine State or set to inherit assets in Florida, it’s important to familiarize yourself with the state's inheritance tax rules to avoid surprises down the road. With proper planning, you can help ensure your beneficiaries are spared from significant tax burdens. In this blog, we’ll dive into how inheritance tax works (or rather doesn’t work) in Florida, what exemptions exist, and the best strategies for planning your estate in a way that benefits your heirs. Does Florida Have Inheritance Tax? The quick answer: No, Florida does not have an inheritance tax. Unlike many other states, Florida does not impose a tax on the property or money that beneficiaries inherit. However, this doesn't mean you’re free from all taxes. While Florida’s tax laws may not impose an inheritance tax, the state does levy estate taxes under spec...

  Losing a loved one is tough enough — dealing with the legal complexities of probate can make it even harder. Probate is the court-supervised process of settling your estate, ensuring assets are distributed according to your wishes, and resolving disputes where necessary. In Florida, probate can be especially tricky, with strict deadlines, documentation requirements, and potential legal challenges. That’s why hiring a knowledgeable probate attorney in Sarasota, Florida, isn’t just helpful — it’s critical. They bring local expertise, legal expertise, and compassionate guidance to what can otherwise be a stressful and confusing time. What Does a Probate Attorney Do? A probate attorney helps ensure the estate process runs smoothly. Here’s how they support you every step of the way: Filing the will with the correct county court Submitting a Petition for Administration to start probate Guiding appointment of the Personal Representative , or executor Validating the will’s...