When two spouses are in a common accident and both die at the same time, or it can’t be determined which spouse passed away first, figuring out what should happen to the estate of each spouse can become tricky. This is why Florida has adopted the Uniform Simultaneous Death Act. This is a law that specifies the order in which each spouse’s estate is to be distributed if there is no evidence that … [Read more...] about What Happens When Spouses Pass Away at the Same Time?
The rules of estate planning are actually dictated by state law. And the laws of estate planning vary widely from state to state. Here in Florida, there are restrictions on who can serve as personal representative of an estate. For example: A personal representative has to be a resident of Florida; or, if the personal representative is not a Florida resident, he or she must be: A spouse A … [Read more...] about Are There Restrictions on Who Can Serve as Personal Representative in Florida?