J. Kelly Kennedy, Attorney/CPA, PLLC

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September 2017 Archives

A will can be a tool to tailor the distribution of your assets

One of the most compelling reasons a Winter Haven resident might have for creating a will is the power to distribute one's assets as one sees fit. While the intestacy laws provide for distribution of assets after death, not all people will find these rules to be satisfactory. A will, on the other hand, can give people a great deal of discretion in distributing assets. One famous comedian seems to have taken advantage of this feature in planning his estate.

How healthcare advance directives work in Florida

All competent adults have the right to make decisions regarding their health. But, a problem can arise if an adult loses the ability to make these decisions. When this happens, how can someone communicate their health wishes to loved ones and health care providers?

What is a nuncupative will and is it valid in Florida?

Many people in Polk County are probably familiar with the usual process of creating a will. The testator, often with the help of an attorney, draws up a will and signs it in the presence of witnesses who also sign it. One question people may have is whether other forms of a last will and testament are valid in Florida. Specifically, is an oral will valid in the Sunshine State? The short answer is no.

Take control of your Florida estate plan with a will

Everyone has an estate plan, whether they know it or not. For Winter Haven residents who die without a will, their estate plan is the state's intestacy laws. While these laws may work well for some, many others may find them to be unsatisfactory. In particular, people with large, complex assets and property may not necessarily be happy with the intestacy laws.

Taxes and beneficiary issues could draw out probate process

After a loved one's death, the surviving family may have many tasks to handle. In particular, you as the estate's executor will undoubtedly have numerous responsibilities to which you must attend. If your loved one created a will, you will need to attend to the necessary steps that involve validating that document and settling the estate through the probate process.