If I have a will in Florida and a revocable trust. Will this eliminate having to go through probate?
Anything distributed by a will must go through probate. If you want to avoid probate, you can "fund" your trust by assigning your property, bank...
Saint Petersburg, FL
Estate planning Lawyer at Saint Petersburg, FL
Practice Areas: Estate Planning, Elder Law ... +2 more
Anything distributed by a will must go through probate. If you want to avoid probate, you can "fund" your trust by assigning your property, bank...
This question is not as simple as you might think. The answer depends on the nature of the property, the potential heirs, whether there is a...
If the inheritance goes to the children/stepchildren, and the children/stepchildren are alive, the grandchildren would have no rights. It is...
You will inherit the property at the stepped up basis of $500,000; therefore, no capital gains or income taxes will be due. If she gifts the...
Yes, you do need to formalize it. Florida has strict rules for what constitutes a valid will. I recommend you contact an estate planning attorney...
An agent under a POA is authorized to do what the POA says he/she can do. POA's drafted after 10/2011 are very specific as to what powers are...
Payment of debts come before any distribution to beneficiaries. The payment of expenses and obligations is in the following order: 1. Costs,...
I agree with the previous answer. You should hire your own attorney. The original attorney works for the personal representative of the estate,...
The answer to the questions depends on the size of the estate and what estate planning documents the decedent had in place. Estates under $75,000...
It is an inheritance. You can transfer title to the beneficiary of the trust.