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Monthly Archives: May 2022

PowerOfAttorney

What Are The Limits Of A Florida Financial Power Of Attorney?

By Mark R. Manceri, P.A. |

There is sometimes a misunderstanding about the scope of a Florida Power of Attorney (POA). Some people think signing a POA means giving another person absolute and complete control over their lives. But a POA only grants as much–or as little–power as the principal wishes. Indeed, some POAs are limited to performing a specific… Read More »

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ElderCPlan

Has COVID-19 Led More People To Make Wills?

By Mark R. Manceri, P.A. |

The COVID-19 pandemic has led many people to reassess various aspects of their lives. This includes estate planning. According to one recent survey, people who have suffered from a serious case of COVID are far now more likely to have a written will and other estate planning documents. This survey came from Caring.com, a… Read More »

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EstPlan20

When Is A Lifetime Gift Legally Binding In Florida?

By Mark R. Manceri, P.A. |

Not everyone waits until they die to leave a gift or inheritance to a loved one. Many people choose to make inter vivos gifts, or transfers of property during their lifetime. Such gifts are legally binding on the donor–and their future estates–provided there was “donative intent” and the gift was actually delivered to the… Read More »

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Litigation

How Florida Probate Rules Prevent Creditors From “Jumping The Line”

By Mark R. Manceri, P.A. |

When administering a Florida estate, the executor or personal representative must pay any debts or expenses of the estate from the available assets. If there are insufficient assets to pay everyone, the law spells out the order in which different classes of creditors are paid. For example, the highest class is the expenses related… Read More »

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Legal14

Can The Executor Object To A Surviving Spouse Taking An Elective Share Of An Estate?

By Mark R. Manceri, P.A. |

Florida law permits the surviving spouse of a deceased individual to claim an “elective share” of their estate. The purpose of the elective share is to prevent someone from completely disinheriting their spouse. Basically, the elective share is equal to 30 percent of not just the deceased spouse’s probate assets, but also their homestead… Read More »

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