Search Results: heirs

If you are a beneficiary of a Palm Beach estate, or if you expect to get an inheritance, you may be asking your Estate Lawyer Palm Beach:  where’s my money? 

Richard Mellon Scaife died July 4, 2014 at the 82— and a very, very wealthy man.  This Pennsylvania billionaire’s estate just cut a check to Pennsylvania’s Department of Revenue for $100 Million.  Is it a bit ironic that such as conservative person, who supported right wing and libertarian causes, with access to the best advisors money could buy, didn’t find a way around the death tax?   Could this estate tax been legally eliminated with some basic estate tax planning?  Here’s a few probate pointers for those with enough money to be worrying about paying two estate taxes:  one to the US government and one to a state that has a death tax.  Or, if your an heir, or a family member with an expectation to inherit mom or dad’s millions, here’s some insight on how your inheritance may be taxed-away, and how a little planning may save millions.

Everyone in their estate plan seem to be using a Florida Revocable Trust. That’s right.  From multi-million dollar estates in Boca Raton to more modest Florida citizens in Stuart, Florida, Estate Planning Attorneys Palm Beach are writing revocable trusts for their clients.  And clients are using revocable living trusts to hold their cash, real estate, investments and other valuable assets.

So, you are living in Delray Beach, Florida and your ex-husband or ex-wife just passed away.  You want to know if you can inherit, right? Well, if your ex’s heirs or adult kids see that you are in the will or on a beneficiary designation, they are going to ask:  can the ex-spouse inherit from the Florida estate?

Palm Beach probate litigation law firms know that estate lawsuits take a toll on heirs, widows and family members.   Estate lawsuits are taxing both personally and financially. So, can you take steps now in your estate plan to prevent probate lawsuits in Florida when you are gone?

Are probate attorney fees the “X” factor in will contests and Palm Beach probates ?   Consider a new, free, onine video about attorneys fee disputes and trials: http://www.forbes.com/sites/lawrencelight/2014/09/24/estate-planning-101-picking-your-heirs/

It’s enough to grieve when you lose someone close to you.  It’s more enough to then also have to deal with a Palm Beach probate regarding that someone’s Florida property.  It’s very tough when you have trouble with the Florida burial or the handling of the body.  After all, most loved ones want to have a simple, solemn burial which reflects the person’s wishes for Florida burial and wishes for the handling of the body.

Florida probate lawyers in Palm Beach County know that guardianship lawsuits seem to be rising.  Adult children from Boca Raton, Florida waging guardianship lawsuits with Jupiter, Florida step-mothers and step-fathers over a failing — or maybe not — mother or father.

SEPTEMBER 4, 2014–  There was an interesting article in the International New York Times recently about doctors speaking to, and advising, patients about end of life matters and procedures.  Are insurance companies paying for this?  Is the US actually confronting death and talking about it?  …. a marked change from past presidential politics discussing “death panels” ?  Are probate lawyers in Florida ready to advise clients on the probate issues &  guardianship matters with end of life planning?

See, famous and wealthy Palm Beach residents are not the only ones struggling with estate taxes and how to leave an inheritance to their kids. Japanese: Planning for Probate and Billions in Wealth Shift