In Palm Beach probate litigation, what is summary administration? When is summary administration available? Is summary administration the best option? If you are the beneficiary of a small Florida estate, you will want to know about summary administration.Your West Palm Beach trust and estate law firm can discuss the pros and cons of summary administration with you.
Florida does not have an inheritance tax per se. There is, however, a big U.S. estate tax, which is sometimes referred to as the Federal Estate Tax. What’s important when planning your Florida estate? How can you guarantee that, after you die, at least some of your money will be protected from estate tax? If you hire a good estate planning attorney, they should be able to assist you with tax minimization. Florida does not have an inheritance tax per se. There is, however, a big US Estate Tax, sometimes referred to as the Federal Estate Tax.
Is your elderly friend’s grandchild taking advantage of them? In Florida, are there laws to protect elderly people from financial exploitation? How can a Palm Beach guardianship lawyer help me? What do I do if I suspect that my elderly neighbors or grandparents are being financially exploited? What is financial exploitation? Any guardianship or trust lawyer will tell you that financial abuse of the elderly in Palm Beach, and throughout the United States, is a serious concern. Florida Probate Litigation and Financial Exploitation If you are concerned that a relative or friend is being financially exploited, you should know that there are criminal laws in Florida that punish a person for financially exploiting the elderly. Financial exploitation is frowned upon to a great degree in Florida. In fact, the State Attorney’s Office and law enforcement have special economic crime units that can help discover and combat these crimes. But the problem for some Florida estate lawyers is that, sometimes, a family member is the financial predator. On July 25, 2016, Fox 11 reported about an elderly couple who was “scammed” by their grandson, causing them to lose their home of 56 years. Elderly Couple Loses Their Home According to the report, an elderly couple, in their 80’s, is being evicted from their California home due to the selfishness of their grandson. The couple needed a personal loan and the grandson volunteered to help out. He was able to change the deed of the house and diminish all of the equity in. Neighbors reported that when the couple was […]
According to a July 25, 2016 article in Money Magazine, Hillary and Bill Clinton have a “detailed” estate plan. A detailed estate plan can help to guarantee that your wealth and fortune goes to the people you intend it to go to when you die. The article suggests that the Clinton’s currently hold “investments valued at between $10 million and $50.1 million.” Disclosure forms show that , in 2015, Hillary “took home more than $5 million in royalties from her book Hard Choices, and $1.48 million in honorarium payments for speaking engagements, while Bill earned about $5.25 million in honorarium payments.” With such a large estate, they are smart to consult an estate planning attorney! To read the details about the Clinton’s estate, click here.
What is a personal representative according to Florida law? What are the duties of a personal representative? What do I have to do if I am the personal representative of my mom’s Palm Beach estate? As a personal representative in Delray Beach, will I have to deal with lawsuits regarding the estate that I am left to administer? Check out this July 20,2016 appeal from the Fourth DCA where a personal representative is heavily involved in litigation for the estate.
What is a guardian according to Palm Beach probate laws? Does a probate court appoint a guardian? When is a guardian necessary? Is there a need for guardianship reform in Florida? A July 19, 2016 article from the Daily Business Review discusses a lawsuit in which “an outspoken critic of the probate courts and guardians” gets sued.
In Palm Beach probate litigation, what is summary administration? When is summary administration available? Is summary administrationthe best option? If you are the beneficiary of a small Florida estate, you will want to know aboutsummary administration.Your West Palm Beach trust and estate law firm can discuss the pros and cons of summary administration with you.
Who can contest a will in Florida? What is an interested party in Palm Beach County trust and estates litigation? Do I have standing to file a guardianship or probate lawsuit? Can a probate litigator West Palm Beach help me to understand my rights?
What if multiple people interpret the same Florida trust differently? What if the language in a partnership agreement or Florida will is unclear? How do the Palm Beach and Martin County probate courts determine what the true meaning of a provision should be? A July 20,2016 Fourth DCA case , Ciklin Lubitz Martens & O’Connel v. Casey , displays the importance of writing clear and detailed wills, trusts, and contracts.
Florida trust and estates litigators know that time if of the essence in Florida probate litigation. Does it matter how long I take to contest a Florida will? What if I miss the deadline? Can my Florida trial attorney West Palm Beach help me? What is a statute of limitation? What is a notice of administration? If you are involved in probate litigation, or think that you may want to contest a will, you need to be familiar with Florida’s strict statutes of limitations and Florida Statute 733.212.