Articles Tagged with Fort Lauderdale probate litigation attorney

Some people consider estate taxes enemy No. 1 when it comes to their inheritance. However, what’s much more likely to become problematic is family conflict. These aren’t necessarily new issues, but they are becoming more prevalent as increasingly more American families are blended, life expectancy has stretched and baby boomers are aging into their golden years.probate litigation attorney

A recent poll by TD Wealth revealed 44 percent of attorneys, accountants and trust officers in Florida indicated family conflicts were the biggest snag when it comes to estate planning. Part of the problem is people have unrealistic expectations. While most expect to inherit more than $100,000, Ameriprise Financial reports most people receive less than that. Almost 7 in 10 of those expecting an inheritence were never told how much they should expect, which led to substantial confusion and conflict.

Another issue is people increasingly have multiple ex-spouses, one or both my have children from prior unions and one spouse may be much younger than the other. These are fact patterns we know have the potential to lead to trouble. Such is the case in probate litigation conflict in Indiana that the state supreme court in Indiana has just agreed to consider. In Gittings v. Deal, an adult woman claims she was removed from her father’s estate by her stepmother, and subsequently her stepbrother raked in more than $3 million in profits on property she claims they should have shared.  Continue reading

Hopefully as you enter the new year, you aren’t grappling with a financial hangover due to the holidays. Regardless of where you stand, the new year is a good time to take stock of your finances and make sure you have a strong estate plan in place, not only for your own security but that of your family. Many of the disputes that arise in Florida probate litigation can be headed off with proper estate planning to start. estate planning attorney

One of the primary reasons people avoid estate planning is because they erroneously assume it’s something reserved for the wealthy and maybe the elderly. The fact of the matter is, pretty much everybody has an estate and people tend to underestimate the confusion or even animosity that can arise among surviving loved ones regarding the contents of that estate. That includes the care and well-being of any young children you have, should something happen to you and your spouse.

A review of your estate planning documents may not sound like a particularly festive way to being a brand new year, but it is a smart one. You’ll want to make sure that your will, trust and powers of attorney still comply with your wishes. And if you don’t have these in place, it’s time to make it one of your resolutions to do so. Continue reading

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