The Tennessee Bar Association Young Lawyers Division, in conjunction with dozens of established local attorneys, have begun a program to draft free wills and other basic estate planning documents for localfirefighters, police officers, paramedics/EMT’s, and their spouses. This program is part of a broader initiative to give back to the local heroes and public servants that we so often take for granted.
Most owners of Florida businesses probably have at least a vague idea of what should happen to their business after they’re gone.
Physical infirmity, age, or health may affect the ability of your loved ones in Florida to handle his or her personal or financial affairs. Alzheimer’s and dementia law Florida will become more prevalent, according to the National Institute on Aging page: here. In the coming years, an estimated half-million individuals under the age of 65 will have some form of dementia. What does this mean when dealing with your Boca Raton Trust, or West Palm Beach Trust Lawyer?
A mother-daughter estate scamming duo from Oregon swindled elderly tree-farm heir Ralph Raines, Jr. for almost a decade, extracting in total over $12 million.
It’s fairly easy to leave your pets to someone in your will and estate adminstration in Florida because Florida estate planning law considers pets to be property. So you can pass down your Great Dane to your family in West Palm Beach, or friends in Delray Beach, just as easily as you could with other assets. What is a little more complicated is gifting your estate to your pets in Florida. Although your pets can’t actually own property, under Section 736.0408 of the Florida Trust Code, you can set up a Florida Pet Trust to use those assets for the benefit of your pets. Section 736.0408, “Trust for the Care of an Animal”, provides: A trust may be created to provide for the care of an animal alive during the settlor’s lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor’s lifetime, on the death of the last surviving animal. A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is appointed, by a person appointed by the court. A person having an interest in the welfare of the animal may request the court to appoint a person to enforce the trust or to remove a person appointed. Property of a trust authorized by this section may be applied only to the intended use of the property, except to […]
The following is a piece of fiction. It is a chapter from a book which I am writing about probate litigation. This chapter of money tales deals with guardianships for adults and how adult children from a prior marriage can sue to get control over their parent and their money, and be at legal odds with a parent’s latest spouse.
Do you or your family in Florida own all or part of a holding company? One of the most complex issues in anyFlorida estate that owns a holding company is the valuation of its assets upon death of the owner.
Guardianship is not the only means of helping an incapacitated person in the State of Florida. In fact, Florida Guardianship Law actually requires the use of the least restrictive alternative to protect persons incapable of caring for themselves and managing their financial affairs whenever possible.
Has a Florida estate or probate been subjected to a Late-Filing Penalty by the IRS for filing your US Estate Tax Return too late? If so, was the IRS Estate Tax late-filing penalty a lot bigger than you expected? West Palm Beach Probate Administration attorneys deal with Federal Estate Tax-Return issues all of the time.
Short stories about probate litigation and inheritance fights? Here’s one chapter or short story, what I call “money tales”, from a book on probate litigation which I am writing. It is only in the draft stage. My book is, right now, titled: “Pankauski’s Probate Litigation: The $59 Trillion Probate War“. Are you an heir or son or daughter who believes that you are entitled to an inheritance?