Articles Posted in miami probate lawyer

Securing Payment of Child Support with a Children’s Safe Harbor Trust
Rarick Trusts & Wills Law, P.A.

By: Phillip B. Rarick, Esq. Most divorce judgments call for one of the parties to obtain a life insurance policy for securing the payment of child support, alimony or some other financial obligation. Let’s assume the obligation is solely child support: a potential mistake is failure to secure payment of the policy premiums by use…

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Estate Planning For Florida Same Sex Partners or Spouses: What You Should Know About TBE Delaware LLC’s
Rarick Trusts & Wills Law, P.A.

Introduction Florida same-sex partners and same gender couples who were legally married in a state outside of Florida and have now moved to Florida should consider using a TBE (Tenants by Entireties) Delaware LLC to own Florida real estate or intangible property. Here is why. Strategy An important asset protection strategy available to married persons…

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Transfer of Motor Vehicles after Owner’s Death: How to Avoid Probate in Florida
Rarick Trusts & Wills Law, P.A.

By Cristina M. Fernandez, Esq. A. The Question A common question we encounter is how to transfer the title of a motor vehicle upon the death of its owner. B. Law Summary Florida law allows the beneficiaries or heirs of a deceased person to transfer a motor vehicle title without the need of a formal…

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FLORIDA DOMICILE CHECKLIST
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Esq., Miami Trust Attorney A. Domicile vs. Residence “Domicile” and Residence are two different legal terms, but often confused. A person can have only one domicile, but any number of residences in different states. Domicile is your actual residence in the state joined with your intention to make that state your…

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Pet Trusts: Have You Forgotten Your Pet(s)? Your Very Loyal Pet?
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Miami Trust Attorney Who is the first to greet you when you come home? For me, it used to be my young daughters or son. But now that my youngest daughter is a teenager (and too cool for such shows of affection) those days are past. So now the first to…

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Three Smart Legal Points To Know if You Own a Boat – or Jet Skies
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Miami Asset Protection Attorney The saddest and most tragic call I have ever received as a lawyer came when a parent called and said her teenage son, while operating a jet ski, had run over a young girl who happened to be about the age of my daughter. I declined the…

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What’s Wrong With This Picture? NY Attorney Names Himself As Personal Representative For A Florida Resident
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Esq., Miami Probate Attorney We have written about this issue in the past, but it is one that keeps popping up. Here are the relevant facts. Note: I have changed some facts to avoid disclosure of private information. Recently, we reviewed a New York will where the drafting attorney named himself…

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Bad Advice You Hear All The Time
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Esq., Miami Trust Attorney Quote: There are three things that are real – God, human folly and laughter. The first two are beyond our comprehension. So we must do what we can with the third. – John F. Kennedy Here are five bad items of advice – that you hear all…

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Allocation Of Wrongful Death Proceeds In Florida Probate
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Esq., Miami Probate Attorney I. Determining Survivors The personal representative has a duty to bring an action for the wrongful death of the decedent. F.S. 768.20. The Act provides for damages for the estate and “survivors”. Survivors include the surviving spouse, “minor children” under 25 years of age, and in some…

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When Do You Need To File Notice Of Change Of Ownership Or Control (Form DR-430) For An Entity Owning Florida Real Estate?
Rarick Trusts & Wills Law, P.A.

By Phillip B. Rarick, Esq., Miami Trust Attorney Summary: The following Alert discusses the Florida real estate form DR-430 required to be filed upon the cumulative transfer or control of more than 50% of the legal entity that owned the property, or transfer of more than 50% of ownership interest. Notice of Change of Ownership…

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