Jacqueline Kennedy Onassis “I have made no provisions in this Will for my sister, Lee B. Radziwill, for whom I have great affection because I have already done so during my lifetime.” Michael Jackson “Except as otherwise provided in this Will or in the Trust referred to in Article III hereof, I have intentionally omitted … Read more
Celebrity Wills
Posted on May 15, 2013 byTags: Estate Planning for Florida
10 Facts About Florida Wills
Posted on April 24, 2013 byHere are some Florida will facts you may not know… The Florida Supreme Court has a program in which lawyers are board-certified as specialists in the area of wills, trusts, and estate law. A person age 18 or older is of legal age to make a will. Florida law presumes a person to be of … Read more
Tags: Estate Planning for Florida
How Can I Contest a Will?
Posted on March 29, 2013 byChallenging a will is not an easy thing because the court views a will as the last wishes and voice of the decedent. Anyone who may have something to gain from the estate has a right to contest a will, but they must have the grounds to do so. A person may challenge a will … Read more
Tags: Estate Planning for Florida | Florida Probate & Inheritance
Weird Wills Part 2
Posted on March 22, 2013 byCelebrity Fever Audrey Jean Knauer, who died in 1997, left $300,000 to her favorite celebrity, Charles Bronson, whom she had never met in person. Her family contested the legality of the will, but in the end, Bronson ended up taking $150,000 from the stranger he had never met before, claiming that he planned to donate … Read more
Tags: Estate Planning for Florida
Weird Wills Part 1
Posted on March 13, 2013 byA Last Will and Testament is not only a list of the deceased’s assets to be distributed. It is also intended to fulfill the last wishes of the decedent, and some people have had some pretty weird wishes when they die: Millar Charles Vance Millar was a Canadian lawyer and investor who died in 1926. … Read more
Tags: Estate Planning for Florida
Holographic Wills: A Bad Idea
Posted on February 25, 2013 byA holographic will, or handwritten will, is valid in Florida only if it meets specific requirements set forth by law. These requirements include that the will meets specific execution standards, is properly witnessed, and names beneficiaries. If the document does not meet these standards, the will cannot be used in the probate process, giving the … Read more
Tags: Estate Planning for Florida
Estate Tax
Posted on February 20, 2013 byNow that the American Taxpayer Relief Act has been passed, the federal estate tax exemption is set at $5 million per person, indexed for inflation. The index for 2013 is at $5.25 million. If a person dies and their estate is valued over this indexed amount, then the must pay a 40% tax to the … Read more
Tags: Estate Planning for Florida
Revocable Living Trusts
Posted on December 20, 2012 byA revocable living trust is an artificial entity used as an estate-planning tool that manages your assets during your lifetime and distributes them upon your death. It is called a revocable trust because you may modify or terminate the trust during your lifetime, as long as you are not incapacitated. A trust is setup by … Read more
Tags: Estate Planning for Florida | Florida Probate & Inheritance
Times to Update your Estate Plan
Posted on December 14, 2012 byIt is very important to keep your estate plan updated. There are many factors and life events that affect your estate plan which is why you should keep it updated. Large estates (those over the applicable exclusion amount) should be reviewed every year. All other estates should be reviewed every four years. You should also … Read more
Tags: Estate Planning for Florida
Florida Power of Attorney
Posted on December 13, 2012 byA Power of Attorney is a legal document in which a person, the “principal” gives another person, the “agent,” the authority to act on the principal’s behalf in certain circumstances. These circumstances can be narrow or broad, depending on the way the document is written. The Power of Attorney is created to perform almost any … Read more
Tags: Boyer Law Firm -- a Florida firm | Estate Planning for Florida | Florida Probate & Inheritance
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