By Phillip B. Rarick, Esq., Miami Probate Attorney We have written about this issue in the past, but it is one that keeps popping up. Here are the relevant facts. Note: I have changed some facts to avoid disclosure of private information. Recently, we reviewed a New York will where…
Florida Trust & Probate Attorneys Blog
Bad Advice You Hear All The Time
By Phillip B. Rarick, Esq., Miami Trust Attorney Quote: There are three things that are real – God, human folly and laughter. The first two are beyond our comprehension. So we must do what we can with the third. – John F. Kennedy Here are five bad items of advice…
Comprendiendo Fideicomiso de Vida Para Residentes de la Florida
By Phillip B. Rarick, Esq., Miami Trust Attorney ¿Qué es un fideicomiso de vida? ¿Cómo ayuda a evitar la legalización? ¿Por qué la mayoría de familias están usando un fideicomiso de vida en vez de un testamento para proporcionar para sus queridos? Estas preguntas y muchas más tienen respuesta en…
Allocation Of Wrongful Death Proceeds In Florida Probate
By Phillip B. Rarick, Esq., Miami Probate Attorney I. Determining Survivors The personal representative has a duty to bring an action for the wrongful death of the decedent. F.S. 768.20. The Act provides for damages for the estate and “survivors”. Survivors include the surviving spouse, “minor children” under 25 years…
When Do You Need To File Notice Of Change Of Ownership Or Control (Form DR-430) For An Entity Owning Florida Real Estate?
By Phillip B. Rarick, Esq., Miami Trust Attorney Summary: The following Alert discusses the Florida real estate form DR-430 required to be filed upon the cumulative transfer or control of more than 50% of the legal entity that owned the property, or transfer of more than 50% of ownership interest.…
A Tribute To The Greatest Generation
By Phillip B. Rarick This summer my family had the opportunity to travel to France. It was a busy trip, and we saw many spectacular works of art and architecture by past generations of artists. The most special trip was our visit Normandy, where a generation of Americans representing…
The “Son-In-law Problem”: Keeping Your Wealth Safe – And Out of Reach From Your Daughter’s Husband
By Phillip B. Rarick, Miami Asset Protection Attorney Let’s face it. If you have adult children, now married or considering marriage, you are a little concerned that your daughter’s husband could someday inherit your hard earned wealth. (Or maybe it’s your son’s wife.) So, how do you protect your property,…
Before the Wedding: 3 Legal Points Every Parent Should Know (Or Why a Prenuptial Agreement May Be A Smart Idea)
By Phillip B. Rarick, Miami Asset Protection Attorney Introduction The Big Announcement: your daughter tells you she plans to marry Hank, a great guy. She is so excited – and in love! The last thing you want to do is discuss “practical issues”. But, at the right time, it will…
Asset Protection In Florida, Part 4: Off-Shore Planning
By Phillip B. Rarick, Esq., Miami Asset Protection Attorney Click Here: Off-Shore Planning Note: PowerPoint Presentation will appear in bottom task bar. Special Note The information on this blog is of a general nature and is not intended to answer any individual’s legal questions. Do not rely on information presented…
Asset Protection In Florida, Part 3: The Asset Protection Ladder
By Phillip B. Rarick, Esq., Miami Asset Protection Attorney Click Here: Part 3: The Asset Protection Ladder Note: PowerPoint Presentation will appear in bottom task bar. Special Note The information on this blog is of a general nature and is not intended to answer any individual’s legal questions. Do not rely…