David Howard Goldberg, P.L.

July 2018 Archives

What happens when Floridians die without wills?

Despite the fact that most people understand the importance of making an estate plan, it is common for Florida residents to procrastinate making that plan until it is too late. Those who die without writing their wills leave it to the court to decide what happens to their estates. The courts refer to an estate without a will as intestate, and there is a statutory pattern of succession that probate will follow when someone dies intestate.

What is keeping you from making your estate plan?

You know that making an estate plan is the wise and recommended thing to do, sooner rather than later. Still, you may be like over half the adults in the U.S. who have not taken the steps to build a plan or even write a simple will. You may even learn of the passing of people you have known who left their families unprepared for the financial struggles of losing a loved one. Nevertheless, you procrastinate.

What estate taxes can Floridians face?

One thing Floridians may be concerned about is the possibility of part of their estate going somewhere other than to their loved ones when they die. For one, they might be worried about some of their estate getting siphoned off by estate taxes. What estate taxes can estates in Florida be subject to?

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