The Florida Bar states: “The personal representative is the person, bank, or trust company appointed by the judge to be in charge of the administration of the decedent’s probate estate. In Florida, the term “personal representative” is used instead of...
Does A Revocable Living Trust Provide Protection From Creditor Claims? The Florida Bar states, “In Florida, the trust assets are not protected from the claims of your creditors. During your lifetime the assets in a revocable trust are treated as...
The Florida Bar states: “In some situations your homestead property can be transferred to your trust. Most Florida counties have special requirements to maintain the homestead tax exemption and special language may be required in the trust agreement and the...
The Florida Bar states: “The account statement, stock certificate, title or deed will make some reference to the trust or to you as trustee. You might also elect to fund your trust by naming the trust as a beneficiary of...
The Florida Bar does and excellent job of explaining what a revocable trust is: “A revocable trust is a document (the “trust agreement”) created by you to manage your assets during your lifetime and distribute the remaining assets after your...
Lets say you have the following set of facts. You have a client who is one of 8 siblings. Your client, a daughter, was the only one that took care of her dying mother for the last years of her life, while none...
The Jacksonville Bar Association Elder Law Section and Northeast Florida Community Hospice will put on a seminar open to the public entitled Benefits Available to Veterans for Long Term Care. Featured will be national speakers: Jack M. Rosenkranz and Karen...
I have a special needs child. How can I protect my child if I am not here to care for him or her myself? Parents of special needs children are well aware of the challenges that these children will face...
There have been some interesting changes to Florida’s homestead law which will make prenuptial and postnuptial agreements important for second marriages in many situations. The new rule applies to any married couple. As an example: Husband owns a home in...
