In a recent blog, I discussed the difference between naming consecutive or successor agents versus naming co-agents in a Durable Power of Attorney ("DPOA"). A common question we hear when naming co-agents is whether they must act together. Stated another way, if...
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Month: November 2017
Consecutive or Co-Agents: Naming Multiple Persons to Act in a Florida Durable Power of Attorney
An essential document in any Florida estate plan should include a Durable Power of Attorney ("DPOA"). This document allows a person to designate another person or persons to act on their behalf in connection with personal, business and financial matters. A DPOA is...
In Florida Probate: Who gets paid and in what order?
When a person dies and a probate is opened in Florida, expenses and claims of creditors get paid in a certain order. This becomes especially important to understand when there are not enough assets (i.e. money) to go around. Section 733.707 of Florida Statutes...
