The will is a fundamental part of most estate plans. A good will can make the testator's final wishes clear to his or her survivors after the end comes.Just about every type of financial or personal property can be included in a will. But not everything associated...
Month: January 2015
Family of NBA, NFL owner sues over change in estate plan
A testator making significant changes to his or her estate plan late in life is often a cause for concern, especially for beneficiaries whose share of the estate has been reduced or eliminated. They may wonder if a new beneficiary is manipulating the testator, whose...
Florida woman to leave $1.8M house to her dog
Most people use their estate plan to leave the bulk of their belongings to their spouse, their children or both. However, a person’s will can name as beneficiaries virtually any person or charity they wish.Occasionally, people even name their pets as...
How to talk to your family about your estate plan
The ability to communicate is a vital part of any relationship. Few families that cannot talk to each other about anything, no matter how emotionally difficult, can be described as truly healthy. If we cannot come to our spouses, parents or siblings with our troubles,...
Florida’s homestead exemption protects the family home
A common expectation for many people setting up their estate plan, or updating their existing plan, is that their spouse and children will continue to live in the family home if the testator dies first. Few would like the idea of creditors getting their hands on the...
What are the 3 types of probate administration in Florida?
How long the probate process takes in Florida depends on several factors. One of the most important factors is the size of the estate. It may make sense to hear that the larger the estate, and the more beneficiaries named by the decedent, the more complex probate...
What happens if I die without a will?
People who die without an estate plan nevertheless will probably have assets and debts to dispose of. If the decedent gave no valid instructions for how to distribute his or her funds, where does the money go? In Florida as in the rest of the U.S., an estate or...
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