Page 10 - Waterways - August '19

Page 10, Waterways
It’s The Law!

Did You Know That, In a seller cannot refrain from advising the buyer about a leaky equitable distribution. Since equitable means fair, the
distribution of the property does not always result in a 50/50
roof or other defect simply because the buyer did not ask about
Florida… it or could not/did not see it. division because there are numerous reasons why one party or
A self-proving will is one that is signed by witnesses and the other would get more or less than one-half (½) of the assets.
By Adam S. Gumson, Esq. notarized. It includes an affidavit that states that the witnesses Jupiter Law Center is a private neighborhood law firm
A seller in a real estate saw each other and the testator/testatrix (the person who signed located in the RiverPlace Professional Center, 1003 W.
transaction is required to the will) sign the document. If a will is not self-proving, a Indiantown Road, Suite 210, Jupiter, FL (561) 744 - 4600,
notify the buyer of any facts probate court may ask for affidavits from the witnesses and the jupiterlawcenter.com. The firm provides peace of mind by
of which the seller is aware notary when the will is submitted to the courts. Since the death solving problems with integrity and compassion in the areas of
which materially affect the may occur many years after the will was signed, tracking down estate planning (wills and trusts, powers of attorney, health care
value of the property and the actual witnesses and notary could be difficult and time- surrogates, living wills, probate estates, succession planning,
are not readily observable consuming, so it is urged that you check your will to make sure contracts and purchase/sale agreements), family law (divorce,
by the buyer or that have not it is self-proving so that you do not have to hunt down those paternity, child support and time sharing, alimony, property
been disclosed to the buyer. people years later. distribution, modifications, collaborative law, pre/post nuptial
This changes the old “buyer In a divorce, the process of dividing the real and personal agreements) and real estate (community association law,
beware” adage and means that property that has been acquired during the marriage is called residential and commercial transactions, deeds, closings).
I Didn’t Know That ... Bet You Didn’t Know It Either

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$1.6 billion! The Jan. 13, All Time? In Which State Is It Illegal To Have Sex Before Marriage?
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This staggering winning ticket was sold in Massachusetts of Let’s Make a Deal. face a $250 fine but no jail time.
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