Wills, Trusts and Daytona Attorneys
In one of the most famous controversies over a will, a gas station attendant claimed to have been given the will of Howard Hughes, and later gave it to the Church of Jesus Christ of Latter-day Saints in Salt Lake City.
That will actually sounded real and split Hughes' fortune up among various charities and relatives, and gave $156 million to the gas station attendant. The will was declared a forgery and it was decided Howard Hughes died intestate (meaning without a will).
You may not have the fortune of Howard Hughes to divide among your heirs, but you definitely don't want a gas station attendant claiming to have picked you up on the road and giving you a ride. Not having a will is not a ride you want to take if you want your estate to be settled amicably.
Daytona Attorneys can provide the expertise needed to develop a will and to make sure the wishes of the will are carried out. With Florida (as all states) having its own law for handling probate, Daytona Attorneys have specialized knowledge of it. If the law's requirements are not met, you will be declared intestate.
Here are some of the features of Florida law:
-- A Totten trust: A person can establish a bank account and designate who receives the proceeds at the time of their death. The account holder can continue to make deposits and withdrawals while they're alive. It doesn't have to go through probate. The beneficiary simple needs to present a death certificate and ID to access it.
-- Revocable trust: A resident can create a trust that names who gets what after he or she dies. The resident must name a trustee to manage and distribute the property. Again, the advantage is that a revocable trust doesn't have to go through probate.
-- A person can create a will in Florida as long as they are at least 18 and €of sound mind.€ Also, the state requires the will be written, not oral. The will must be signed at the end of its provisions. Anything below the signature is meaningless. Two people must witness the signing and it's a good idea to have a notary present. With a notary signature, the will is €self-proving€ and the witnesses don't have to appear in court during the probate process.
These are just some of the features of wills and trusts in Florida, the Daytona Attorneys at Mara & Mara Attorneys at Law can provide more information.
That will actually sounded real and split Hughes' fortune up among various charities and relatives, and gave $156 million to the gas station attendant. The will was declared a forgery and it was decided Howard Hughes died intestate (meaning without a will).
You may not have the fortune of Howard Hughes to divide among your heirs, but you definitely don't want a gas station attendant claiming to have picked you up on the road and giving you a ride. Not having a will is not a ride you want to take if you want your estate to be settled amicably.
Daytona Attorneys can provide the expertise needed to develop a will and to make sure the wishes of the will are carried out. With Florida (as all states) having its own law for handling probate, Daytona Attorneys have specialized knowledge of it. If the law's requirements are not met, you will be declared intestate.
Here are some of the features of Florida law:
-- A Totten trust: A person can establish a bank account and designate who receives the proceeds at the time of their death. The account holder can continue to make deposits and withdrawals while they're alive. It doesn't have to go through probate. The beneficiary simple needs to present a death certificate and ID to access it.
-- Revocable trust: A resident can create a trust that names who gets what after he or she dies. The resident must name a trustee to manage and distribute the property. Again, the advantage is that a revocable trust doesn't have to go through probate.
-- A person can create a will in Florida as long as they are at least 18 and €of sound mind.€ Also, the state requires the will be written, not oral. The will must be signed at the end of its provisions. Anything below the signature is meaningless. Two people must witness the signing and it's a good idea to have a notary present. With a notary signature, the will is €self-proving€ and the witnesses don't have to appear in court during the probate process.
These are just some of the features of wills and trusts in Florida, the Daytona Attorneys at Mara & Mara Attorneys at Law can provide more information.