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Lifetime Gifts: Do They Satisfy Gifts Made in a Will?

When an asset devised in a Last Will and Testament has been gifted to the beneficiary during the decedent’s lifetime, an ademption by satisfaction may occur. The concept of ademption by satisfaction is that a lifetime gift to a beneficiary may satisfy a gift to that...

Misuse of a Durable Power of Attorney

In Florida, a commonly used estate planning instrument is known as a “Durable Power of Attorney” (“DPOA”). This instrument is executed by a person whereby he or she appoints an agent to act on their behalf on personal, business, and financial matters. The DPOA is...

What does the term “probate” mean in Florida?

Most people have heard the term “probate” but it is surprising how many don’t really understand what it means. In Florida, the term “probate” has several meanings depending on the context in which the term is used. First, probate is the judicial process whereby a Last...

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