by Laurie Ohall | Feb 21, 2011 | Estate Planning
From Michael Rubin, your Guide to Retirement Planning The deadline to contribute to your IRA in any given year is the due date of the tax return of that year. For 2010 filing, you have an three more days than usual! Although 2010 is long gone in the eyes of most, not...
by Laurie Ohall | Feb 15, 2011 | Estate Planning, Probate
Florida Probate Florida law recently changed in October, 2010 with respect to how a homestead passes from the decedent to his or her surviving spouse and descendants. Under the old law, if the house was solely in the name of the decedent who was survived by a spouse,...
by Laurie Ohall | Feb 7, 2011 | Estate Planning, Probate
If a person dies without a Will (or if the Will is invalid), then the estate is “intestate”. This simply means that Florida law dictates the decedent’s heirs and who is entitled to administer the estate, i.e., be the personal representative/executor. If someone dies...
by Laurie Ohall | Feb 3, 2011 | End of Life Issues, Estate Planning, Living Will, Probate
A will in Florida is a writing, signed by the decedent and two witnesses, that meets the requirements of Florida law. Additionally, to save your estate costs at your death, the Will should have a “self-proving affidavit” where both the decedent and the witnesses sign...
by Laurie Ohall | Jan 17, 2011 | Estate Planning, Probate
What is probate? Probate in Florida is a court-supervised process where assets of a deceased person (the decedent) are identified and gathered by the personal representative/executor (means the same thing). Essentially, the personal representative pays the decedent’s...
by Laurie Ohall | Jan 11, 2011 | Estate Planning, Probate
Durable Power of Attorney: can it be used after death? I had a client call me last month after her mother passed away. She wanted to know why she couldn’t use the Florida durable power of attorney (DPOA) she had for her mother to close out a bank...
