Page 13 - Stuart Exposure - July '20
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Stuart Exposure, Page 13



                                                   EstatE planninG




      Passing On Family Heirlooms                          Your will may provide for specific bequests or refer to   unrelated topics. Allow thinking time.
                                                        a written statement regarding the disposition of personal      With second marriages, children of one spouse may
      By Carrie Lavargna                                possessions. Florida law recognizes a separate writing if   feel strongly that possessions from their parent be given
         When making out your                           it is referred to in the will, signed by the will maker and   directly to them. The surviving spouse may be unaware
      estate plan, the greatest                         describes the items and the persons entitled to the property   of the sentimental value of certain items and oblige the
      legacy  to  leave  is  positive                   with reasonable certainty. This writing may be prepared   request amicably.
      relationships with children,                      before or after the execution of the will.           Avoiding the issue won’t make your family history
      siblings,  relatives  and                            You may want to take time to discuss the issue with   go away. Different expectations are normal and taking
      friends. Thoughtful planning                      your family in order to reduce later conflict. Recognize   the time to understand viewpoints and trying to be fair
      helps avoid conflict. Often                       that personal items have different meaning for each family   may  minimize  later  disagreements.  Put  your  decisions
      overlooked in an estate plan                      member and that it is hard to divide items with sentimental   in writing as a step towards maintaining harmony and
      is a statement describing                         value in a way considered fair to all parties.    continuing family traditions and history.
      who  gets your personal                              Don’t be hurt if a family member doesn’t want to      This column is an overview of the subject matter and is
      possessions – family items                        maintain  your  collections.  China,  silverware,  crystal,   not intended as legal advice. Carrie Lavargna is a board
      with significant sentimental                      figurines, antique furniture and keepsakes may not have   certified real estate attorney practicing law in Stuart with
      value; Dad’s golf clubs or tools, Mom’s jewelry, heirloom   the same meaning to the younger generation.   Lavargna Law, PLLC. She is recognized as an accredited
      furniture, stamp or coin collections or simply a favorite      Talking about possessions may be even more difficult   estate planner by the National Council of Estate Planners.
      teapot.  It  is  not  about  the  objects  themselves,  but  the   than talking about financial assets. Choose a relaxed   Carrie focuses her practice on real estate and wills, trusts
      meanings and feelings that the objects represent.   time to talk, be open-minded, and stay focused to avoid   and probate matters.



                                                                      trivia



      I Didn’t Know That ... Bet You                    leaders, but only 14 United States presidents were the oldest in   ever, Jordan dominated the sport from the mid-1980s to the
                                                        their respective families. Seven presidents were the youngest
                                                                                                           late 1990s. He led the Chicago Bulls to six National Basketball
      Didn’t Know It Either                             in their birth order. There has yet to be a president who was an   Association championships and earned the NBA’s Most
                                                        only child.                                        Valuable Player Award five times. With five regular-season
      Fascinating trivia facts                          How far away is our sun?                           MVPs and three All-Star MVPs, he became the most decorated
      compiled by Stanley                                  We all know that the sun is the star around which all the   player in the NBA. Legendary slugger Babe Ruth came in
      Morgenbesser                                      planets in our solar system revolve. You might think that the   second on ESPN’s list, while boxer Muhammad Ali locked
      Who paid the postage until                        Earth is relatively close, given that it just takes just 365 days to   down the third spot.
      the mid-19th Century?                             make one orbit, but you’d be wrong. The Earth is a whopping   Which famous musician trespassed on Elvis Presley’s
         Recipients, not senders,                       93 million miles from its star, a distance so far that it takes light   property?
      had to pay for postage on the                     over eight minutes to reach Earth. It would take a driver traveling      Bruce “The Boss” Springsteen was such a big fan of Elvis
      letters they received. As a                       at 65 mph an astonishing 163 years to drive to the sun.  Presley that he hopped over the fence at Graceland one evening
      result, people tended to refuse                   Who was Albert Einstein’s second wife?             in 1976, hoping to meet his idol. Unfortunately for him,
      many letters in order to escape                      Einstein’s second wife, Elsa, was his first cousin on his   however, Graceland had security guards as well as large dogs.
      paying for them, which caused                     mother’s side. Cousins marrying each other wasn’t frowned   Security guards on the estate caught him and escorted him out.
      the post office to spend an                       upon at that time. Their fathers were cousins and their mothers   He wouldn’t have been able to meet Elvis anyway, because the
      inordinate amount of time returning mail to senders. Postage   were sisters. They both spent their childhoods together, forming   King wasn’t even home at the time. Bruce Springsteen never
      stamps – which were prepaid – were introduced in America in   a strong friendship. She called him “Albertle” when they were   got to meet his idol, who died in 1977.
      1847 and eliminated this problem.                 young. As adults, they reconnected when Albert moved to Berlin   Do sharks ever get sick?
      When it comes to sibling birth order, where were most U.S.   for work; he was married at the time. Elsa was living there with      Sharks are the only animal that never get sick. They are
      presidents born?                                  her two daughters. She had been recently divorced from her first   immune to every known disease, including cancer.
         Throughout history, the majority of our commanders in chief   husband. Albert would visit often. The two began a romantic   What seven-letter word appears on all U.S. coins?
      have been middle children. Abraham Lincoln, JFK and Donald   relationship. And the rest, as they say, is history.     The word “Liberty” has been required by law to appear
      Trump were all middle children. In fact, just over half – exactly   Whom did ESPN name the greatest athlete of the 20th   on coins since the Coinage Act of 1792. The Coinage Act
      23 – of United States presidents have been middle children.   Century?                               was passed by the United States Congress on April 2, 1792.
      Firstborn children made up the second largest group among the      ESPN named Michael Jordan the greatest athlete of the   The act further specified that the front of each coin shall be
      44 commanders in chief. Firstborn children may often be natural   20th Century.  Considered one of the best basketball players   inscribed with the word “Liberty” and the back of each coin
                                                                                                           should display the words “United States of America.”
                                                                                                           Where is the only McDonald’s in the world with blue arches?
                                                                                                              The bright yellow letter “M” for McDonald’s is one of the
                                                                                                           most recognizable logos in the world. However, there’s one
                                                                                                           McDonald’s that foregoes that famous yellow color in its logo.
                                                                                                           The city of Sedona, Arizona is famous for its natural beauty –
                                                                                                           namely, its mountainous landscape of red rock. Because of the
                                                                                                           landscape, there are rules in place for buildings in Sedona to
                                                                                                           make sure that no structure intrudes on the surrounding natural
                                                                                                           scenery. City officials believed that gold would clash with the
                                                                                                           surrounding red rock, and, instead, opted for a more pleasing,
                                                                                                           soft blue color.



                                                                                                                          Answer for

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