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Will My In-laws Inherit My Money if My Children Predecease Me?

A common misconception is that when you die, your daughter-in-law or son-in-law has the potential to claim a portion of your estate.  The laws of inheritance in most states do not place in-laws in the category as statutory heirs or descendants.  Descendants will, in most cases, include adopted children, but you didn’t adopt your in-laws

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5 Ways to Avoid Probate in Florida

People sometimes confuse avoiding probate with avoiding intestacy.  If you don’t leave a Will, you die in a state that is called “intestacy.”  This means that your statutory heirs will inherit your estate.   However, even if you have a Will, your Will will not avoid probate.  It will have to be probated and the Court

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Incapacity – Should You Make It Easy to Declare You Incompetent?

Recently, I have been talking a lot to my clients about whether it should be easy to declare someone incapacitated or hard. Where this comes into play is when you have a Revocable Trust and you are Trustee. If and when you become incapacitated (unable to handle the day-to-day paying of your bills, etc.) your

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