Palm Beach Probate law and Pinot Noir? How about Cabernet and trust accountings ? SAVE THE DATE for the most fun, best, upscale, wine tasting in downtown West Palm Beach on Friday, February 20th, 2015, from 5:30pm -9:00 pm when we literally shut down the block and close the street outside my West Palm Beach probate litigation law firm for the benefit of the Legal Aid Society of Palm Beach County.
Did you just lose a loved one who was worth a few million dollars but now you are wondering: Where’s Mom’s Money? Legal analysts and probate litigators West Palm Beach get asked that question all time. Dad or mother were worth a few Million Dollars and have now died in Delray Beach, …..and now theprobate is beginning and you are told that mother or father’s probate estate is worth a lot lessthan you ever imagined. Where did the money go and how can you get it into the estate?
Concerned by the slew of federal tax changes that helped to ring in the new year this 2015? How will these changes affect you and your West Palm Beach Estate Administration, or Florida Trust Agreement?
Wondering where all of mother or father’s money went and why it’s not in the probate or estate? If you thought that mom or dad were worth a lot more than the estate lawyer is telling you, here are 5 Tips or Points to Learn Where Mom or Dad’s Money Went. Maybe dad or mom had a serious illness during their last year and the medical bills were huge. OK, but what about the rest of their money? Gifts may have been made, but were the gifts in line with prior years’ of giving or were there big checks cut just before death? Was mom or dad incompetent orincapacitated due to dementia when large amounts of money were given away? You have questions and you want answers? This might help you better understand why more of yourparents’ money is not in the estate or probate, and perhaps, help you find out where all the money went.
Because the majority of Florida estates are sent through the Florida Probate process, it is not uncommon for the courts to be inundated with many “statements of claims” from those who believe they are legally owed a piece of the estate. However, as Florida’s fourth District Court of Appeals recently pointed out, the litigants filing the statements of claims better be ready to support those claims.
A Cleveland judge recently sentenced Kevin Purcell, an elder law attorney and professional guardian, after hearing howthe attorney stole the money from the estate of John Kane, an Army veteran who suffered from schizophrenia.
“Power of attorney” is a term heard quite frequently in the realm of estate planning and administration in Florida. But many do not know the exact meaning of the phrase.
We live in an era of technology, and, as a result, more and more of our belongings, possessions, and safekeepings are taking the “digital” form. Why, then, are so many people forgetting to include their “digital assets” as part of their estate planning in Florida?
When planning your Florida estate, one of the things you must consider is if and how other jurisdictions andforeign countries might become involved in your estate administration. In this 2012 Florida estate planning case, the battle over the estate of a man, who was aFlorida resident but also a citizen of Spain, becomes complicated when the Florida courtsbegin to interpret rulings decided by a Spanish court, and the parties argue a lack of jurisdiction.
At this point in time, most people understand the importance of wills in Florda and the difference a properly executed will can make when administering your Florida estate.