If you don’t plan properly, the attorneys make all the money!
Despite what most people think, attorneys don’t make much money in the typical estate planning. The fees for Florida probate are all established in state law and the rules governing probate…and if things are done properly and the instructions from the deceased are clear…then the attorneys fees and the time it takes to complete the probate…are very reasonable.
But as the following article describes, when things are not clear…the money…and the frustration add up quickly!
Even in her 90s, Joy Culverhouse was a woman of “strong will” who made one thing perfectly clear — she didn’t want her children to inherit any of her millions.
That’s the latest claim in the battle over the estate of the widow of former Tampa Bay Buccaneers owner Hugh Culverhouse Sr.
In a motion filed this week in Hillsborough County probate court, representatives of the estate are trying to quash attempts by Hugh Culverhouse Jr. and his sister, Gay Culverhouse, to revoke their mother’s will and a multi-million dollar trust. The siblings don’t have legal standing to challenge the will, the motion says, because Culverhouse disinherited them long ago.
In support of that claim, the representatives attached four wills and 12 trust agreements that Culverhouse signed between 2009 and 2012. All say: “I purposely have not provided for my children under this because they have each received sufficient gifts during my lifetime.”