…and you think Palm Beach probate litigation is a handful? Consider this Pennsylvania estate and the, originally believed-to-be $40 Million at stake:
…and you think Palm Beach probate litigation is a handful? Consider this Pennsylvania estate and the, originally believed-to-be $40 Million at stake:
If you are a surviving spouse or a widow, you may have guaranteed inheritance rights if your husband or wife has a retirement account? Why? Read on if you are interested in inheritance rights and rights to a non probate asset like a retirement account.
In Florida, there is, sadly, a lot of financial exploitation, but we typically think of financial exploitation as one form offinancial abuse against the elderly. As we age and become more reliant on others, and as our abilities to consider, examine, think, analyze, ask questions, and focus, deteriorate or decrease, we can become a target: financial prey. If we are stricken with dementia, anddementia is progressing un-checked, or the dementia is not stalled or slowed, bad people can exploit us financially by taking our bank accounts, trust funds and getting us to sign powers of attorney or trust amendments. Cases of undue influence are common in such scenarios, and can lead to a lot of probate litigation and probate lawsuits by heirs at law and family members or next of kin.
A lot of beneficiaries or heirs at law or next of kin in Florida probates want to when they will receive their inheritance. And the personal representatives Palm Beach of Florida estates also want to distribute inheritances and close the estate. What about unclaimed property in Florida? A recent Florida appeals court case issued August 5, 2014 is the most recent case in memory aboutunclaimed Florida property.
Beneficiaries and heirs under the Florida Probate Code who are involved in probate litigation Palm Beach know that their deposition may be taken. Before your estate case goes to trial, in the probate court, theFlorida discovery process occurs, which includes the learning of facts and the gathering of evidence. A recent Florida appeals court opinion addresses the unique question of whether one can use the videotaped deposition of a party in closing argument at trial.
Elder abuse, financial exploitation, and exploitation of the elderly are serious matters in Palm Beach County Florida. Probate courts and criminal laws provide serious financial and other penalties too bad persons who prey on the elderly and their money in Palm Beach. How do you know if your parent is being taken advantage of? How you know if your mom or dad is being financially exploited? Here are five warning signs or red flags to look for if you suspect financial exploitation in Palm Beach.
I can’t tell you how many calls our probate litigation law firm West Palm Beach gets from estate beneficiaries who are upset. They complain that they don’t know what’s going on in the Palm Beach estate. Some heirs of Boca Raton estates want to know what their rights are. What Palm Beach probate rights does an estate beneficiary have if the executor is doing nothing? What can a probate beneficiary Palm Beach Gardens do if the executor of the will won’t give you information?
Experienced guardian litigators Palm Beach know that attorneys fees can get very, very expensive. Just consider a “typical” hotly contested legal battle over a guardianship in Delray Beach probate court, or the probate court in Palm Beach Gardens, for example. If family members are “fighting” over who gets to control mom or dad’s money and property, or if heirs and sisters and brothers are fighting over who will make the personal decisions for mom or dad, you can understand how time will be spent on these legal arguments by the guardianship litigators.
Thinking about hiring a personal representative for a Palm Beach probate ? Here are some tips to consider if you are getting involved in a Palm Beach probate.
What is a credit shelter trust? If you are the beneficiary of a family trust, like a revocable trust Boca Raton which becomes ir-revocable upon death and administers or runs your inheritance. There is a new, free, credit shelter trust video you can view online. If you are a beneficiary of a trust Palm Beach, here is the link if you want to view the Florida trust video: https://www.youtube.com/watch?v=y80JuHvVlqk&feature=youtu.be Why do credit shelter trusts matter? Many estate planning lawyers, and definitely will and trust attorneys Palm Beach, all writerevocable trusts for their Palm Beach Gardens estate clients The revocable living trust has become the main way to leave inheritances and give away your wealth Revocable trusts are popular with estate lawyers who write trusts, can be writtenquickly, and are now widely understood & accepted In other words, revocable living trusts are not just for the super wealthy or celebrities anymore At the death of the creator of the revocable trust, also called a living trust by many probate lawyers Delray Beach, one’s “typical” revocable trust gets split into two sub trusts: 1 of the family trusts is often referred to as a Marital Trust and one is often referred to as the Credit Shelter Trust What is a credit shelter trust? Think of a credit shelter trust as a basket of estate tax free assets A credit shelter trust is typically funded with the largest amount of money you can leave at your death free of the US Estate Tax Now, […]