People often have questions about Estate Planning. This is the fourth in a series of articles addressing those questions. This fourth article addresses the “where” of Estate Planning. Read on to learn more. The Questions of Estate Planning, Part 4: Where … [Read more...] about The Questions of Estate Planning, Part 4: Where
In the last two blogs, we covered the lack of legal rights that unmarried cohabitants have in Florida, including the rights to receive probate assets at one partner’s death without a legally binding will. The lack of probate rights extends to children of your domestic partner, even if you raised them together. A child of two domestic partners may have legal rights to inherit property if you … [Read more...] about Florida Law and Unmarried Domestic Partners: Part 3 of 3
Continuing our discussion from the previous blog entry regarding the lack of estate planning and property rights that unmarried domestic partners have under Florida law, we will cover what happens if you fail to draft a legally valid will or die without first creating a will pursuant to the Florida laws of intestate succession. If you are in a domestic partnership with another individual, but … [Read more...] about Florida Law and Unmarried Domestic Partners: Part 2 of 3
In several states, state legislatures enacted laws allowing same-sex partners and opposite-sex domestic partners to register their partnerships and receive some legal rights and protections. In Florida, the Legislature does not recognize domestic partnerships between unmarried same-sex and opposite-sex residents. Thus, if you live in Florida, your unmarried domestic partner will not receive any … [Read more...] about Florida Law and Unmarried Domestic Partners: Part 1 of 3
Though it isn't a very common situation, there are some circumstances under which you might want to transfer your inheritance rights to others. The process of transferring inheritance rights in the state of Florida can be slightly complicated, which is why you should always speak to your attorney before you make any decisions about these kinds of transfers. Until you talk to us, however, there is … [Read more...] about Transferring Inheritance Rights in Florida
One of the main reasons people create estate plans is to distribute inheritances fairly between their family members and loved ones. But how do you do this? Today we are going to take a look at some basic ideas you should think about when trying to determine how best to distribute inheritances fairly through your estate plan. How do I Distribute Inheritances Fairly? Money When it comes to … [Read more...] about Basic Questions About Estate Planning – How do I Distribute Inheritances Fairly?
If you have never talked to an estate planning lawyer before, you should know that there are a number of commonly misunderstood ideas about estate planning to which many people subscribe. If you are one of these people, you should not feel bad. Estate planning is not a hot discussion topic amongst most people in the general public, and even estate planning lawyers are sometimes bored by all the … [Read more...] about Basic Questions About Estate Planning – What are Some Commonly Misunderstood Ideas About Estate Planning?
While it may not be an option now, Walmart stores across the country might one day offer customers the chance to buy a quickly made will, or receive other low cost or simple legal services. Last year, several Walmart stores in the Toronto, Canada area began offering basic legal services to customers through a partnership with a Canadian law firm. The law firm leased space from the Walmart stores … [Read more...] about Wills From Walmart?
State laws establish the rights that intestate heirs have when their relatives or spouses die without first creating a Will or without creating a valid Will. Adopted children and adoptive parents may be subject to special state statutes since there are no biological blood relations between them. Typically, state statutes establish an order of priority or succession of an intestate decedent’s … [Read more...] about Florida’s Intestacy Laws Regarding Children: Part 1 of 3
Probate property includes many types of real and personal property that you owned individually. For example, if you owned a house in fee simple, your house would pass to your surviving heirs pursuant to the Florida intestacy laws. However, if you owned a house jointly with a co-tenant, she may have a right to own the entire asset when you die if she had a right to survivorship. Probate property … [Read more...] about An Overview of Florida’s Probate Procedures: Part 3 of 3