Need to update our wills, etc.

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  #31  
Old 08-24-2022, 10:05 AM
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Highly recommend Greg Jacobs - 407-305-6939
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Old 08-24-2022, 01:28 PM
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Your documents should be ok. However each state could have some peculiarizes.
In Fl your executor must live in Fl or be YOUR blood relative. This is one problem you could have.
You want the signatures notarized so the will is self proving.
Fl change it POA laws a few years back but the change said older powers are ok. The problem is the financial institution may not accept the power because it does not meet their needs. Probably best to get the Power updated.
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Old 08-24-2022, 08:30 PM
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What is a Lady Bird Clause?
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Old 08-24-2022, 09:13 PM
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Quote:
Originally Posted by Red Rose View Post
What is a Lady Bird Clause?
Google it and you will find a good explanation.
However putting property in a Lady Bird deed may give you a problem if you want to sell the property or remove the person from the deed. Be sure to talk to a qualified attorney before using.

If the property is homestead and going to the children in the will the property may also avoid probate so be sure to identify the problem you are trying to solve.
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Old 08-24-2022, 09:45 PM
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Quote:
Originally Posted by NoMo50 View Post
We actually sought bids from recommended law firms to update our wills, and create a family trust, along with the requisite powers of attorney. This stuff is not rocket science, but still needs to be handled by a competent attorney. We wound up using the Millhorn & Shanawany Law firm for our documents. "Sham" Shanawany is a great guy, and did all of our work for less than 1/3 of what the Pittman Firm wanted for the same service. Shop a little, save a lot.
We paid $500 in Mass. for all of our end-of-life documents, living wills, etc. etc. I'm curious what you paid and what the other lawyers you didn't go with charged (if I may ask)
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