Page 6 - Southern Exposure - February '19
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Page 6, Southern Exposure





                                                              nonprofit event




                                       Loxahatchee Guild To Celebrate


                            35th Annual Gala Mermaids & Martinis




        The Loxahatchee Guild will celebrate their 35th Annual     The event chairperson, Kathy Hurlburt, is a longstanding   About The Loxahatchee Guild
      Fundraising Gala, “Mermaids & Martinis,” on Saturday, Feb.   member of the Loxahatchee Guild and serves on many     The Loxahatchee Guild is a 501(c)(3) nonprofit, all
      23, from 6 to 10 p.m. at the Tequesta Country Club located   guild committees as well as in previous officer and board   volunteer organization dedicated to promoting, protecting
      at 201 Country Club Drive, Tequesta. Ticket price is $140.   positions.                              and preserving local history since 1981 based in the Jupiter/
        Guests will enjoy cocktails, buffet dinner, silent auction     Proceeds from the event will be used to continue the   Tequesta areas and is registered with the Florida State
      and dancing to live music by Memory Lane.         organization’s support and promotion of local historic   Department of Agriculture and Consumer Affairs. For more
                                                        preservation projects. For more event information, please   information email: loxahatcheeguild@gmail.com, mail: PO
                                                        email the the guild at: loxahatcheeguild@gmail.com or   Box 4544, Tequesta, FL 33469-9544 or visit their website at
                                                        phone: (772) 530-0627.                             www.loxahatcheeguild.org.



                                                                                           it’S the law!





                                                              Did You Know That, In Florida…



                                                                                               By Adam S. Gumson, Esq.
                                                            Having a  will does                            received during the marriage (non-marital assets) are usually
                                                          not guarantee that your                          retained solely by the particular party unless such assets were
                                                          estate will be probate-free.                     commingled with other assets during the marriage.
                                                          That is because a will                             A residential mortgage is a document in which the
                                                          only serves to “catch” any                       owner uses the title to residential property as security for
                                                          assets that are titled in the                    a loan described in a promissory note.
                                                          decedent’s name.                                   The mortgage must be signed by the owner (borrower
                                                            Thus, if the decedent                          or mortgagor), acknowledged before a notary public, and
                                                          owned a house solely in                          recorded with the Clerk’s office.
      Susan Leikin, Cindy Wester, 2018 gala cochairs      his/her name, the will                             Jupiter Law Center is a private neighborhood law firm
                                                          might designate who the                          now located in the RiverPlace Professional Center, 1003
                                                          beneficiaries are, but the                       W. Indiantown Road, Suite 210, Jupiter, FL, (561) 744-
                                                          estate would still have to be probated so as to be able to   4600, www.jupiterlawcenter.com. The firm provides peace
                                                          appoint a personal representative to sell the house. Probate   of mind by solving problems with integrity and compassion
                                                          costs can often be avoided or at least limited through the   in the areas of estate planning (wills and trusts, powers
                                                          use of a living revocable trust.                 of attorney, health care surrogates, living wills, probate
                                                            Marital assets and liabilities typically consist of the   estates, succession planning, contracts and purchase/sale
                                                          money earned, items bought and debts incurred by either   agreements), family law (divorce, paternity, child support and
                                                          spouse during a marriage. In divorce actions, these assets   time sharing, alimony, property distribution, modifications,
                                                          and liabilities are fairly distributed and apportioned under   collaborative  law,  pre/post  nuptial  agreements)  and
                                                          the concept known as equitable distribution. Assets owned   real estate (community association law, residential and
                                                          prior to the marriage (premarital assets) or inheritances   commercial transactions, deeds, closings).



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