INSIGHTS

A Florida Will Should Be Updated When It No Longer Matches Your Life or Estate Plan Florida law does not require you to update a will on a fixed schedule. A properly executed will generally remains effective until it is changed or revoked, but it should be reviewed whenever a change in family, assets, residence, or Florida law could produce a result you no longer intend. The important distinction is between validity and suitability. An older will may remain legally valid whil

Florida’s elective share creates a minimum inheritance right for a surviving spouse The elective share is 30% of the elective estate, not simply 30% of the will Non-probate assets may be included in the Florida elective estate The elective share may be satisfied outright or through a properly structured trust An elective share claim can affect gifts to children and other beneficiaries Florida homestead rights are separate from the elective share A spouse may waive the electiv

The basic requirements for a valid Florida will For most wills made in Florida, the person making the will must be at least 18 years old or an emancipated minor, be of sound mind, put the will in writing, sign it at the end, and complete the signing or acknowledgment before two witnesses who then sign in the required presence of everyone involved.https://www.miguelezlaw.com/practice-areas/estate-planning Florida law also recognizes certain wills under specialized rules. These