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  2. I Live in Florida. Do I Need a Living Trust or Will (Or Both)?

    www.aol.com/live-florida-living-trust-both...

    Under state law, these four conditions must be met in order for a Florida will to be considered legally valid: The will maker or testator must be at least 18 years old. The willmaker must be of ...

  3. Homestead exemption in Florida - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption_in_Florida

    (Note: Florida Statute 222.25(4) provides that if the debtor does not claim or receive the benefits of a homestead exemption, the debtor may claim a $4,000 personal property exemption which is over and above the $1000 to which all debtors are entitled pursuant to Florida Statute 222.25(1). Furthermore, under Florida's tax lien sale provision ...

  4. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    The term "grantor trust" also has a special meaning in tax law. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to take out all the assets. [20]

  6. Elder law (United States) - Wikipedia

    en.wikipedia.org/wiki/Elder_law_(United_States)

    Elder law is an area of legal practice that specializes on issues that affect the senior population. Some say the purpose of elder law planning is to prepare the elderly person for financial freedom and autonomy through proper financial planning and long-term care options. [1] However, the purpose of elder law is not so narrow.

  7. Why Florida’s Retirees Are Fleeing — and Where They ... - AOL

    www.aol.com/finance/florida-retirees-fleeing...

    In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In July ...

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