Page 8 - Talk of Tequesta - October '21

Page 8, The Talk Of Tequesta

DownTown ConCerT series from page 7

Mike McGann from Legends Radio introduces the band.

iT’s The law

Did You Know

That, In Florida…

By Adam S. Gumson, Esq.
Advertise, Send Articles.

A will must be signed by
the testator/testatrix (the Check Out Our Website!
male/female who signs the www.seabreezepublications.com
will) in front of two witnesses.
In some circumstances, it may
be signed by someone other
than the testator/testatrix
(i.e., if blind, illiterate or
physically unable to sign by
him/herself), but only if it is
clear that the testator/testatrix
has mental capacity and has
directed the other person to sign on his/her behalf.
Unlike a discretionary support trust, a special needs
trust (SNT) ensures money will be used solely for the
special needs beneficiary and not interfere with access
to governmental benefits. Whether it is a first party SNT
(funded by the beneficiary) or third party SNT (funded by
someone else for the beneficiary’s benefit) determines how
the assets are distributed at the death of the special needs
beneficiary. Either option ensures that the funds shall be
used for the beneficiary during his/her lifetime without
jeopardizing any benefits or risking the loss of the assets
because of outside forces.
Probate is the court-supervised procedure for
marshalling/liquidating a deceased person’s assets, paying
debts and taxes, and distributing the assets to the person’s
beneficiaries. Living revocable trusts are popular because
they help avoid probate.
Jupiter Law Center is a private neighborhood law firm
located in the RiverPlace Professional Center, 1003 W.
Indiantown Road, Suite 210, Jupiter, Fla., (561) 744 - 4600,
jupiterlawcenter.com. The firm provides peace of mind by
solving problems with integrity and compassion in the areas
of estate planning (wills and trusts, powers of attorney, health
care surrogates, living wills, probate estates, succession
planning, contracts and purchase/sale agreements), family
law (divorce, paternity, child support and time sharing,
alimony, property distribution, modifications, collaborative
law, pre/post nuptial agreements) and real estate (community
association law, residential and commercial transactions,
deeds, closings).