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Can specific bequests disrupt an estate plan?

Can specific bequests disrupt an estate plan?

by Senior Scene | Nov 30, 2022 | Featured Article (03), Financial Advice, General Interest, Legal, Magazine

​ Can specific bequests disrupt an estate plan? By Attorney Truman Scarborough A specific bequest can be a sum of money, the home, a car, shares of stock, jewelry, etc. that is given to a particular individual. It allows an estate plan to better reflect personal...
Homeless or Affordable Housing?

Homeless or Affordable Housing?

by Senior Scene | Oct 31, 2022 | Community, Financial Advice, General Interest, Magazine, Senior Health, Top Story (C)

  Homeless or Affordable Housing? by Joe Steckler President, Helping Seniors of Brevard   We are past, I hope, the chicken and egg theory, but the point needs to be made that homelessness and affordable housing are two completely different entities. A homeless...
Can specific bequests disrupt an estate plan?

When should a Beneficiary’s inheritance be held in trust?

by Senior Scene | Oct 31, 2022 | Financial Advice, General Interest, Legal, Magazine, Top Story (B)

​ When should a Beneficiary’s inheritance be held in trust? By Attorney Truman Scarborough An inheritance does not need to be distributed directly to a beneficiary. It can be placed in a trust where the funds can be managed and controlled by a trustee for the heir’s...
Can specific bequests disrupt an estate plan?

Who has to pay the bills when someone dies?

by Senior Scene | Sep 30, 2022 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

​ Who has to pay the bills when someone dies? By Attorney Truman Scarborough No one is obligated to pay a decedent’s debts unless he/she has agreed to be personally responsible. Paying the decedent’s creditors is part of the probate process with beneficiaries of...
Can specific bequests disrupt an estate plan?

When is probate the better way to settle an Estate?

by Senior Scene | Aug 31, 2022 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

​ When is probate the better way to settle an Estate? By Attorney Truman Scarborough Probate is required when property is titled just in the decedent’s name without any beneficiaries. A will by itself does not transfer property to the heirs. Probate is needed to...
Can specific bequests disrupt an estate plan?

What should be considered when excluding a child in your estate plan?

by Senior Scene | Jul 31, 2022 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

​ What should be considered when excluding a child in your estate plan? By Attorney Truman Scarborough Except for certain rights minor children have in the home, Florida Law does not require that any part of your estate go to your children. This is not the case with...
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