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What does “decanting a Florida trust” mean? (new trust video online)

Uncategorized Oct 23, 2014
post about What does “decanting a Florida trust” mean? (new trust video online)

Perhaps you are a beneficiary of a family trust or perhaps multiple trusts. You get a phone call from the Palm Beach Trusteewho says that your recently deceased uncle has exercised a power of appointment over yourgrandmother’s trust.  You know nothing about this, but the trustee gets your attention when she tells you there is $20 Million in the trust.  She also talks to you about decanting family trusts.  You don’t know what the heck that means.

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5 Most Common Legal-Financial Mistakes for Women ?

Uncategorized Oct 22, 2014
post about 5 Most Common Legal-Financial Mistakes for Women ?

5 Most Common Legal-Financial Mistakes for Women ? Are financial, legal and estate planning errors gender based? Who knows, but there are some recurring themes which some experts say may affect women more than men, particularly in the worlds of divorce and inheritances. While we are still waiting for equal pay for equal work, perhaps it should also be recognized that there may be some more work to do when counting dollars in divorces and deaths.  Yes, the worlds of finance orestate planning reveal how the unsuspecting and trusting can get short changed.  As a veteran litigator who represents spouses and ex-spouses and family members in probate and property disputes, I’ve seen this happen.   Here are 5 common legal – financial mistakes to avoid or 5 issues to be aware of:

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Melissa Rivers inherits $100 Million from Joan Rivers’ estate: 5 Pointers for Inherited Wealth

Uncategorized Oct 22, 2014
post about Melissa Rivers inherits $100 Million from Joan Rivers’ estate: 5 Pointers for Inherited Wealth

Now that Melissa Rivers has inherited $100 Million from Joan Rivers’ estate, according to US Weekly, it might be a good time to stop and reflect, say some experts. Even those with lots of money who inherit even more wealth can tend to spend and over spend. Witness reports of financial challenges by Robin Williams and Michael Jackson. If you spend more than you take in, then the base of your wealth will shrink. If your assets or investments do poorly, your base of wealth will shrink.  Take steps MAINTAIN or GROW your wealth and don’t fall into the traps that so many do with newfound wealth or “found money.”  So what should someone who hits the lottery know?

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Probate FAQ: How does a Florida revocable trust work with a Florida estate or probate?

Uncategorized Oct 21, 2014
post about Probate FAQ: How does a Florida revocable trust work with a Florida estate or probate?

Wondering about the difference between a revocable trust and a Palm Beach probate?  Or a Delray Beach trustee versus the executor of the will?   There is a new, free, online video on this frequently asked question:  how does a revocable trust work with a Florida estate?  If you are a beneficiary of a trust, or the trustee of a Boynton Beach trust, or maybe the Florida Personal Representative of a probate going on in Delray Beach, Florida courthouse, you may want to read this and watch this probate video.

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