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. ...
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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...
I once had a client come in and tell me that the Living Will that their mother had didn’t work because she “coded” in the hospital and they revived her in direct contradiction to the Living Will. I had to explain to them that a Living Will...
We are in the technological age. Many of us don’t ever think about keeping physical copies of documents that we have in electronic form. For example, do you have a physical photograph of last Christmas with the family? I know I don’t. I have a...
Two souls have become one. But your estates are still “his” and “hers” unless you update your estate plan. While the State of Florida recognizes that even without a Will your spouse is entitled to a portion of your estate upon your passing,...
What is a Financial Wellness Program? According to Lee Eliav, digital marketing manager of HelloWallet, “Financial Wellness” may mean one thing to employees and another to their employers. Employers see financial wellness programs as practices...
“In This World, Nothing Can Be Said To Be Certain, Except Death and Taxes” – Ben Franklin But short term, we are much more likely to become incapacitated than to die. So what does it mean to be incapacitated? It means that we can not make our...
You wouldn’t leave your baby in the care of a stranger. Without a Will, that awful thought could become a reality. If something happens to both parents, for example, a car accident and neither parent survives, without a Will in place naming a...
Last year, over 200,000 dogs and cats were euthanized in kill shelters across Florida before they could be adopted out. That’s atrocious! We animal lovers can’t imagine our pets coming to such an awful end and we would do literally anything to...
I was amazed today when some I know who has been working in an attorney’s office asked me, “If I have a Will, then my estate doesn’t have to be probated, right?” I guess because I work in this area, I am surprised by how much misinformation...
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