What Happens if Someone Doesn’t Claim Their Inheritance?
Video Summary
What happens if someone doesn’t claim their inheritance? Well, if it’s a stocks or money and bank accounts, anything such as that, then after a certain period of time, the company turns the property over to the state of Florida and it’s held in an account for unclaimed property under the person’s name who’s entitled to it, and I think it’s called the Treasure Hunt, but I’m not a 100% sure. But if it’s with that, if you Google Unclaimed Property Secretary of State of Florida, you’ll go to the website and list all the various names that their property there, and there’s any number of companies that try and contact folks to see about getting that for you for a fee. If it’s real property and they don’t ever take charge of it or receive it or have it probated and put in their name, then it is usually just lost for taxes. And so,after a certain number of years, the tax is not being paid, then it’ll be sold on a tax deed sale. That’s what happens if you don’t collect your inheritance. If you have any questions, give me a call at (727) 847-2288.
How Can I Contest a Will?
Video Summary
How can I contest a Will in Florida? Well, you have to hire a lawyer and you need to have grounds on which to contest the Will. You can’t contest it simply because you don’t like the provisions of it or you’ve been excluded. The primary grounds for contesting a Will is undue influence, or the person who is receiving the bulk of the estate has unduly influenced the person who’s making the Will. The other one is basis is that the person making the Will is incompetent and at the time they executed the Will, which is a very difficult standard to meet. So, you can test it. You need to hire a lawyer, and it’s very expensive. So, if you have any questions, give me a call at (727) 847-2288.
Can a Landlord Change the Terms of a Lease Before Its Renewal?
Video Summary
Can a landlord change the terms of a lease before it’s renewed? No, a landlord cannot. It’s a contract and both parties are bound by the terms of the lease, so it would take both parties to the lease to change its terms, so the answer is no. If you have any questions, give me a call at (727) 847-2288.
- Published in Real Estate, Videos
How Does President Biden’s “American Families Plan” Effect Your Estate Plan?
Video Summary
How does President Biden’s American family’s plan affect your estate plan? It does not because the American family plan if passed will make the child dependency tax credit permanent. It is a tax credit and therefore will not affect your estate plan. It affects your income taxes. You can call me, although I’m not, don’t give out tax advice. My phone number is (727) 847-2288.
- Published in Estate Planning, Videos
What is a Probate Dispute Defined As?
Video Summary
What is a probate dispute defined as? It’s usually a Will contest where someone contests the validity of a Will. It can also involve the payment of creditor’s claims, the inventory, the administration of the estate by the personal representative. So, it is whenever there’s litigation involved as far as the administration of the decedent’s estate. If you have any questions, give me a call at (727) 847-2288.