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Will Execution Archives

Be careful when putting conditions on receiving gifts in a will

When you create a will, you are making a legally binding document that declares your end of life wishes and your preferences for how your property should be divided when you pass away. Beyond directing your family and loved ones about how to properly approach the end of your life, you also set forth who receives which pieces of your property. For many reasons, you may choose to place conditions on how or when a beneficiary receives a piece of property from your estate.

Do you need to amend your will?

Florida is known as a place where thousands of individuals from all across the country choose to live later in life, often in their retirement. For many of those who move to Florida in their golden years, their wills were created long ago, and they assume that this is good enough. After all, many American's don't even have a will, right? While it is true that having some will is better than no will, there are many instances where it is wise to update your will to ensure that your loved ones remain protected and your wishes are made clear.

Duties of an executor are a serious responsibility

A will, like several other kinds of legal documents, is not only a piece of paper, signed and prepared in a certain way. It also directly appoints or implies an individual who will bear the responsibility of carrying out the wishes expressed in the will document, as well as several other duties. This person is known as the executor of the will. If you have been appointed as an executor, or if you are considering who to appoint as your own executor, it is vital to understand an executor's responsibilities.

A properly executed will is a necessity in Florida

Most people know as part of public knowledge that "everyone needs a will," but why exactly do you need a will? After all, if you don't have much in the way of personal belongings, won't the state just handle it all? While it is technically true that each state maintains its own statutes that dictate how to handle intestate property, a will is more than just about property.

Florida and holographic wills

There are many different kinds of wills and estate plans which will be honored by the courts, and each state has its own laws determining what it may or may not accept as valid. When it comes to the matter of holographic wills, the law is Florida is slightly more complex than it seems at first.

Contests to wills in Florida

When somebody in Florida dies, it is not uncommon for relatives or others to be surprised about the person’s wishes as laid out in a will. People may have been verbally told that the wishes were different than they appear in the final will. Family members may even have reason to believe that the decedent was exploited in some way or coerced into making some of the decisions noted in a will. These are just some of the reasons that may lead people to contest a will.

What is an oral will?

As a Florida resident, you are likely aware that there are many options available to you for your estate planning. First, there are different types of documents such as wills and trusts from which to choose. Once you have decided which one of these you may want to pursue, you must then decide which type of will or trust is best for your circumstances. In the world of wills, for example, you can create a living will, a joint will, a holographic will and even an oral will.

How wills can be changed

Many Florida residents take great care to engage in estate planning in an effort to provide for their family members. When developing a will, they can choose from a joint will, a living will, an oral will and more. Additionally, as noted by the AmericanBar.org website, as life changes, the need to change a will may logically arise as well.

Different types of wills

When considering means of estate planning, Floridians have many choices available to them. Wills are likely the most commonly known form of documentation utilized for protecting assets after death but many facts about them remain unknown by people. There are also different types of wills for different needs and understanding these is important for anyone looking to create a will.