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Disinheritance

What Happens If You Disinherit an Adult Child in Florida?

By Mark R. Manceri, P.A. |

Not every parent and child get along. Especially as children grow up and move away, a rift can form with their parents that lasts a lifetime. There are also situations where a parent still has a relationship with their adult child but does not want them to inherit from their estate. So what happens… Read More »

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Probate13

What Happens to the Assets of a Florida LLC When the Sole Member Dies?

By Mark R. Manceri, P.A. |

Many self-employed individuals in Florida create a limited liability company (LLC) to manage their business. An LLC combines the features of a corporation and a sole proprietorship. That is to say, the LLC protects the individual member’s personal assets from business creditors. But the IRS “disregards” the LLC’s existence for income tax purposes, so… Read More »

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POA3

Can an Agent Engage in “Self-Dealing” Under a Florida Power of Attorney?

By Mark R. Manceri, P.A. |

A Florida power of attorney grants an agent the legal authority to take certain actions on behalf of a principal. This creates a fiduciary relationship. So even where a power of attorney grants broad authority, the agent must still adhere to certain basic legal and ethical standards. For example, the agent cannot use their… Read More »

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Litigation2

Can You Enforce an Oral Trust in Florida?

By Mark R. Manceri, P.A. |

One of the cardinal rules of wills in Florida is that they must be in writing. Florida probate courts will not recognize or admit an oral will. Not only must a valid will be in writing, it must also be personally signed by the testator (or someone signing at the testator’s direction) in the… Read More »

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ProbateEstate

Can Someone Force the Opening of a Florida Probate Estate?

By Mark R. Manceri, P.A. |

The process of administering a Florida probate estate begins with the filing of a petition with the circuit court for the judicial circuit where the decedent–the person who died–resided at the time of their death. In most cases, the petitioner is the person who is either nominated to serve as personal representative of the… Read More »

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EstateLitigation

Are Florida Revocable Trusts Really Private?

By Mark R. Manceri, P.A. |

An oft-cited benefit of creating a revocable trust is the “privacy” it affords over a traditional will. The reasoning goes something like this: When a will is filed for probate in Florida, it becomes a matter of public record. Indeed, the probate proceeding itself is public, so anyone can learn the contents of the… Read More »

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MeetAtty

Is a Florida “Lady Bird” Deed the Same as a Revocable Living Trust?

By Mark R. Manceri, P.A. |

There are many ways for a person to transfer their property upon death without probate. Two of the more common methods used in Florida estate planning are revocable trusts and enhanced life estate deeds. And while these two methods share some characteristics, they are in fact different legal procedures with their own respective benefits… Read More »

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Probate11

Is a Life Insurance Policy a Probate Asset?

By Mark R. Manceri, P.A. |

One of the more common points of confusion when it comes to administering a deceased person’s property is the legal distinction between probate and non-probate assets. Generally speaking, a probate asset is one that passes according to the terms of the deceased owner’s last will and testament; or they had no will, then as… Read More »

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FAQs

Frequently Asked Questions About Florida’s “Elective Share” Rules

By Mark R. Manceri, P.A. |

If you are married at the time of your death, your spouse has certain inheritance rights under Florida law. Specifically, Section 733.201 of the Florida Statutes grants the surviving spouse “the right to a share of the elective estate of the decedent.” There is often confusion surrounding the elective share, however, and how it… Read More »

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EPlanning

Can a “Potential Heir” Seek a Determination of Homestead Status in Florida?

By Mark R. Manceri, P.A. |

The Florida Constitution provides broad protections for a person’s primary residence or “homestead.” This protection takes a number of forms. One of them is actually a restriction on the devise of the homestead property. Basically, if the owner is survived by a spouse or a minor child, they cannot leave the homestead property to… Read More »

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