Coconut Grove Probate Lawyer
Coconut Grove, Florida is the oldest constantly occupied Miami neighborhood. It is south of Brickell and The Roads and east of Coral Gables. The city itself was integrated in 1919. What is now known as Coconut Grove was established in 1925 when the city of Miami took possession of two regions of nearly equivalent size, which included Coconut Grove and nearly all the municipality of Silver Bluff. In the 60s, the city functioned as the epicenter of South Florida’s youth countercultural movement, particularly holding numerous love-ins and concerts throughout the later part of the decade. During the 70s, the bohemian community kept on growing in Coconut Grove.
Florida Death and Estate Inheritance Law
If the deceased person was married when he or she died but has no surviving offspring, the husband or wife gets the whole estate. If the deceased person has surviving offspring like children or grandchildren, who are also offspring of the living husband or wife, the living husband or wife gets the whole estate. If the living husband or wife has offspring who are not related to the deceased person, or the deceased person has offspring not related to the husband or wife, the husband or wife gets fifty percent of the estate with the remaining fifty percent is split among the deceased person’s offspring. This consists of the deceased person’s children or grandchildren, who died before him or her.
If the deceased person was single when he or she died and left no will but had at least one living progeny, those offspring get the whole estate. For many offspring, Florida law splits the probate assets along generational lineages. If all the deceased person’s children live, the estate is evenly split among them. However, if the deceased person had a child who died before him or her and that child had children, the portion of the estate that would have gone to the dead child now goes to his or her offspring—the deceased person’s grandchildren. If the single, deceased person had no offspring, the estate is given to living parents. If the parents are also dead, the estate is given to the deceased person’s siblings. According Florida law, if the deceased person had no siblings, the estate is given to distant relatives.
According to Florida law, property owners are allowed a Homestead Exemption-a tax-saving instrument- if, as of the first of January, they made a property their long-lasting residence or the long-lasting residence of an individual who is legitimately or naturally dependent on the, The first of January of every year is the date on which long-lasting residence is decided. If the deceased person and his or her husband or wife possessed a homestead property that was designated exclusively in the deceased person’s name and there are other offspring, the living husband or wife might reside in the homestead for the remainder of his or her life, as a life estate. The living husband or wife might also choose, within six months of the deceased person’s demise, to get a fifty-percent interest in the homestead property instead of the life estate. Once the property is put up for sale, the other fifty percent of the profits from the transaction go to the deceased person’s offspring.