Don’t be a Palm Beach or Boca Raton beneficiary who is counting their inheritance before it arrives…..it may not !
It seems that throughout Florida’s probate circles, lots of adult children EXPECT an inheritance.
But consider an interesting theme sweeping the uber-wealthy: “I’m not leaving an inheritance for you.”
Q: What? What about all those multi-million dollar Palm Beach trusts?
A: Welcome to a growing, and perhaps disconcerting theme sweeping American and British wealthy: inheritances are not valued. Wealth is not valued: UNLESS you earn it.
Would this fly in Palm Beach? Palm Beach probate litigators would say “no!”
So, here’s the take away: Do what our probate law firm in Palm Beach has always advised…Talk to your folks about money.
Most of you won’t.
More than most don’t have the gall to talk/ask for an inheritance.
But remember: other than a widow, a Florida family member does NOT have a right to an inheritance.