Short answer: Divorce does not revoke your whole Florida will or trust. Under §§ 732.507(2) and 736.1105(2), provisions affecting the former spouse generally become void, as if that
Short answer: Generally, no. Florida Statutes § 732.201 and § 732.2065 give a surviving spouse the right to elect 30% of the deceased spouse’s elective estate. That estate
Adding an adult child as a joint owner can hand them the entire account at your death, regardless of your will. Here’s what Florida parents should consider instead.
Florida law can limit who receives your homestead if a spouse or minor child survives, even when a will or trust says otherwise. Here’s what families should understand.
Equal inheritance and identical ownership are not the same thing. For a family business, succession planning should separately address economic value, ownership, management, control, governing documents, liquidity, and family expectations.
A business owner can be alive but unable to act. Incapacity planning should address who can exercise ownership rights, who can manage the company, how personal authority interacts with company governance, and how the business continues operating.
A business owner’s succession plan has to answer more than who inherits the ownership interest. Control, management, buy-sell terms, liquidity, estate planning, and the transition period all have to work together.
A spouse, child, or trusted relative does not automatically have authority to manage another adult’s financial affairs. A Florida durable power of attorney can become a critical part of an incapacity plan—but what the document actually authorizes matters.
