Tuesday, April 12, 2011

Some things to keep in mind when writing your will in Florida

Florida Law has some strict requirements when constructing your last will and testament.  Here are some things to keep in mind: In Florida you must be in sound mind and at least eighteen years old.  The requirement of being in sound mind is meet generally unless you have been found incompetent in a legal proceeding.  The Heading should include a statement of Last Will and Testament of ... The next thing is to make the declaration that it is your intent to draft a will.

When drafting your will,describe your property and explain who is to inherit it. This is very important especially in families with lots of heirs. This will eliminate confusion and possible challenges to the will.
 In Florida, you can make specific devises (such as saying "To [Friend o Family Member's Name], I give my collection of baseball cards located in the top drawer of my study") or a general devise (such as saying "I give my entire estate to [Friend or Family Member's Name]"). For specific devises, describe the property (what it is and where it is located) sufficiently so that no dispute can arise.

Please keep in mind you will need to update your will several times in your life time as your situation changes.  A will should be update at least once every five years.

If you have any questions you should consult legal counsel right away.







1 comment:

  1. I have an opportunity to inherit. But I am interested in the question: how do I know how much is inheritance worth? And whether it makes sense to accept the inheritance?

    ReplyDelete