In Florida probate, proceeds from a wrongful death action are not subject to the claims on creditors including unpaid child support. In Re: The estate of Johnny Glenn Barton (631 So.2d 315) the Second District court of appeals reasoned that since the recovery for wrongful death has nothing to do…
Florida Estate Planning Lawyer Blog
Florida Will: Original Will must be kept safe
In Jacksonville Florida or another Florida city, if a person creates a valid Florida will, but the will can not be found upon their death, the Florida courts will presume that the decedent destroyed the Florida will with the intention of revoking the Florida will. This doesn’t mean that it…
Validity of Florida Arbitration Clauses
Recently the Florida statutes changed to allow for arbitration clauses in Florida Revocable Trust Agreements. When including an arbitration clause in a Florida Revocable Trust one needs to make sure the arbitration clause will be enforceable. Below are some issues with arbitration clauses in Florida that need to be considered…
Florida Gun Trusts or National Firearms Trust
If you live in a Jacksonville or another city in Florida where the Chief law Enforcement Officer (CLEO) will not or easily sign a Form 4, there are several solutions. Title II Firearms (sold by Class 3 SOT dealers) include suppressors, , short barrel rifles, machine guns, and other destructive…
Florida Trusts & Real Estate
In Jacksonville or other cities in Florida, there are many advantages to using a Revocable Living Trust or Florida Land Trust to hold title to real estate. Dyches Broddiford has an interesting article dealing with many of these issues. In summary a real estate trust provides: – Privacy for the…
Jacksonville Living Will Seminar
Jacksonville Estate Planning Law Firm will continue it community service project by adding 3 Living Will Seminars in the month of September. This program provides Free information and the chance to create a free Florida Living Wills, Florida Designation of Health care Surrogate, and a Hipaa Release. On September 11,…
Estate Planning and Discounts: Can a Fractional Interest In Artwork Be Discounted For Estate Planning Purposes
To discuss how this case may affect you, talk to your Florida Estate Planning Lawyer In the recent case of Stone v. United States, No. 3:06-cv-00259, United States District Court for the Northern District of California (May 25, 2007), the declined to give a discount to the value of artwork.…
Florida Pet Trusts
This article has many interesting provisions that have been found in wills, but more common today are provisions dealing with trusts for pets. Pet trusts are quickly becoming more common. Around 20 percent of pet owners include their pets in their wills. Florida have specific rules on how one can…
Florida Wills: When do you need one?
Amy Baldwin has a nice article on when people usually think about getting wills. Typically they get wills when they are married, buy a home, have a baby, get a divorce or go on a vacation. She states that most estate planning lawyers say whether married or not, every adult,…
Estate planning: What will it do for me, my family and my business
Florida Estate Planning: The “right plan(s)” will accomplish all your goals. There are basically two types of plans: a lifetime plan that should start now (in the next two or three months), and a death plan (your will and trust documents) that can sit in a drawer until you go…