You may be able to transfer certain property outside of a will or trust in Florida. Do you know how? Florida probate lawyers know there are special rules for these informal memorandums that allow for disposition of personal property. Do you know the rules? Check out this Washington probate appeal to learn more.
Informal Memorandum
- Florida probate lawyers are there to help you amend your estate plan when necessary.
- That being said do you really need a Florida estate lawyer to change the fact that you are leaving the toaster to your nephew and not your niece?
- Arguably that may get too expensive to hire an estate attorney Florida every time.
- Fortunately, you do not have to.
- Do you know why?
- Florida statutes allow for personal property to be passed through informal memorandums that you can amend later.
- There are specific rules that you need to discuss with your Florida estate attorney first though.
- Like what?
- For example there are limits as to what kind of property you can transfer this way.
- Can you transfer a house? No.
- What about a ring? Probably yes.
- What about your stocks? No.
- Why?
- You will have to read the statutes and talk to a probate attorney Florida to learn more.
Estate of Lowe
- This was a case out of the Courts of Washington dealing with the passing of property outside of a will.
- What does this have to do with estate litigation in Florida?
- Here a son wanted an accounting of all of the estate’s assets along with a declaration that certain transfers outside of the will were invalid.
- The problem was much like in Florida, Washington allows for the transfer of certain property outside of a will.
- Should this be allowed by the Florida probate courts?
- Are these informal memorandums a vehicle for undue influence or a convenience that can save hundreds (or thousands) in legal bills?
Want to learn more?
Check out the entire case by clicking here.
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