When someone says "Offshore" asset protection - where is that? what does it mean?
Offshore means not in US and the location protects the privacy of the investor-not disclosing the assets and income to the US and IRS.
Largo, FL
Estate planning Lawyer at Largo, FL
Practice Areas: Estate Planning, Tax ... +2 more
Offshore means not in US and the location protects the privacy of the investor-not disclosing the assets and income to the US and IRS.
Not sure of any crime she is committing. She has spousal rights she can claim if his will does not include her. The provisions of the will would...
I agree with Attorney Frederick-the will only applies to assets in the name of deceased. Most clients that have a Living Trust-have a pour over...
I am Florida attorney and I noticed that no one has answered your question. In Florida the "Living Will" is usually prepared by attorney and the...
No-the old POA has to be revoked in writing. Also-ot would be better if the revocation was recorded.
No-Your POA would have to be revoked by written instrument.
In Florida-your home is a protected asset by statute 222. Any insurance product you buy is also protected by same statute.
Best bet-see a guardianship attorney to determine if you can start a procedure to be appointed as guardian.
You have two good answers. The short version-probate is the legal process of getting assets out of a deceased persons name. The court appointed...
In addition to Attorney Messutta's answer-if mortgages and real estate taxes aren't paid-you could lose your inheritance before you receive it.