Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Legal questions
I moved here from NY. I brought a copy of all legal documents (will, power of attorney, health care proxy and living will) to Amy Pittman. Because in differences in law, all had to be redone according to Fl law. She was extremely helpful and reasonable.Had occasion to see her again, as I bought a house and that had to be dealt with upon my death. She advised me, did not have me draw up more legal documents I really did not need. Didn't even charge me for the time it took her to explain why I didn't need further legal documents. If I were you I would go see her. Your change will be done right and upon your death everything will be according to your wishes.
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#32
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I have never heard of that, but we did select relatives, one in state, one out of state
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#33
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A trust simplifies the transfer, is private, and usually avoids probate costs. HOWEVER, it does not avoid estate taxes. |
#34
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If you pay a lawyer to prepare a trust, it will most likely cost more than a will and, it will not be "simple". The biggest selling point that lawyers use to sell you a trust is that you can avoid probate. But, I have been through several probates, and they are not very difficult to do yourself. And, if you have a simple will, you don't necessarily need to even go through probate, especially if you have no debt, and structure most of your assets to be "payable on death". |
#35
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I suspect if you have a complicated estate a lawyer is a small price to pay and a good idea. I did my own with templets found on line, had them notarized and witness by two people. I also did a Quitclaim Deed myself and had it filed it with the clerk of courts, saving myself $600 in Attorney fees.
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#36
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Why did you do the quitclaim? For estate purposes? |
#37
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The trust is probably ok but could have the signing problems a will might have. |
#38
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Laws are very different in FL
If your original will was done outside of Florida, I suggest you get it looked at if you are married.
Florida has some very unusual laws regarding marriage because it is not a community property state. |
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