Do you want to be certain that your pet will be taken care of when you die? Can you leave your dog, rabbit, or fish money in a Florida trust? How can I gift my estate to my beloved fur baby? A July 26,2016 article in the Press Release Rocket explains what pet trusts are, and how they can be created.
Pursuant to Florida guardianship law, what are my rights? Can I participate in a Florida guardianship proceeding for my spouse, mom, or dad? Can I participate in a guardianship proceeding of anyone? Who has the ability to go into a probate court West Palm Beach and have a say in someone’s guardianship proceeding? Anyone who is involved in a guardianship matter in Florida, should read St. Pete v. Osorio-Khor.
Palm Beach probate judges do a lot, and it is easy to forget how vast their powers are. Who decides whether or not your father was of sound mind when he left your evil stepmom everything in his Florida will? Who decides if the will or codicil that you are contesting is valid or invalid? Who deems someone incompetent and in need of a guardian? Who decides if guardianships are necessary? A Florida probate judge does. Judges make policy through their decisions and that policy reflects the society within. Thus, it is concerning to see that a probate judge in Maine was disciplined for misconduct and misuse of their power.
Who will inherit Anton Yelchin’s wealth? How much was the Star Trek actor worth? After learning of the unexpected death of actor Anton Yelchin, it is hard not to wonder where his fortune is headed. The media has reported that he died without a will. What does this mean for his family?
What are creditors in Florida probate litigation? When do you need to provide notice to creditors? How do you give notice to creditors in the Florida probate process? Why do I need to know about creditors if I am the personal representative of a Palm Beach estate? Creditor claims and disputes are almost always present in the probate process of a decedent’s estate.
What is a guardianship in Florida probate litigation? When is a guardianship necessary? Can a Florida probate attorney help me to avoid a guardianship? What if my life is controlled by a guardianship but I no longer need a guardian? Can the probate court West Palm Beach deem me competent again? According to a May 6, 2016 New York Times article, Britney Spears’ is doing much better. Is her guardianship still necessary?
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.