Florida residents who have minor children should consider executing a power of attorney which allows another to take care of their minor children medically if they are unable to do so or unavailable at the time. A medical power of attorney for a minor child is just another piece in…
Florida Estate Planning Lawyer Blog
Class Action Suit Against Living Trust Sellers
A number of Texarkana residents have filed suit against sellers of living trust documents in a class action accusing the salesmen of exploiting senior citizens. This is similar to what I reported happening in California in December. A Plaintiff says he purchased a living trust after attending a lunch presentation…
Florida Prepaid Funeral Plans and Estate Planning and Elder Law
Part of Florida Elder Law planning and Florida Estate Planning includes planning for funerals. medicare exempts prepaid funeral plans in Florida and many other states. Sam Hasler of the Indiana Civil & Business Lawyer Blog has an article about this. He has an article dealing with the these by a…
Leaving IRA Money to a Minor
Fox Business has an article on A New and Smart Way to Leave Your IRA to a Minor where they discuss the importance of reviewing beneficiaries on all acounts including insurance, annuities, and retirement plans. They discuss leaving a percentage of the account rather than a dollar amount as this…
Who Will Inherit Your IRA?
Vanguard recently sent their clients a notice that they would no longer allow their clients to name different beneficiaries for multiple IRA accounts and would be changing the beneficiaries to whomever was named last. If you have a Florida Estate Plan that uses POD or beneficiary designations, this could significantly…
Ten Florida Estate Planning and Probate Tips – 2008
Florida residents should start the New Year off right, here are ten important Florida estate planning and Florida probate and tips for the New Year. 1. If you don’t have a Will, get one. Florida estate planning and Florida Probate tip #1: Have a Florida Will. If you don’t have…
Who Get What in a Florida Probate with No WIll?
The Florida Bar has released consumer information on Florida Probate. One of the most common questions deals with the distributions of a persons estate when is no will in a Florida probate case. Contrary to the belief of some, the decedent’s assets are not turned over to the State of…
What does a Personal Representative do in Florida?
The Florida Bar has released consumer information on Florida Probate. One of the most common questions deals with the personal representative and their role in a Florida probate case. The personal representative is the person, bank or trust company appointed by the court to be in charge of the administration…
NFA Trust used to Purchase NFA Firearms
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…
Donating Your Body for research in Florida
Most Florida medical schools will accept donation of bodies (complete with organs). Florida Medical schools will use them for research and instruction. Generally after the body is used, it will be cremated by the school. If requested most schools will return the remains if requested. Individuals and schools are not…