Legal Question in Wills and Trusts in Florida

Re: wills Florida

Your friend should seek legal advice for this. Legal age is 18, although the money could be placed in a trust that would hold the money longer before distribution. The terms of this trust could be part of her Will. Without a trust document, Florida does require a guardianship be set up where minors are recieving more than $15,000. The guardianship does not have to be set up until money is distributed. Again, I suggest you see an attorney about this.

Re: wills Florida

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Your friend should consult a qualified attorney to review her legal needs. The house should be given to the grandchildren in a trust that can either sell the property and hold the monies or hold the property and maintain it until the children are old enough to take possession. The legal age is 18 in Florida.

Although a Last Will and Testament is very important, she should also consider other instruments including a Power of Attorney, a Durable Medical Power of Attorney and perhaps a Living Will.

Scott R. Jay, Esq.