Laws concerning Florida Wills are found in Title XLII of the Florida Statutes. LegacyWriter's online questionnaire can be used to create a valid Florida Will that meet these criteria. Who Can Make a Will?A person must meet the following criteria to create a Florida Last Will and Testament:
- Be at least 18 years old, or be a legally emancipated minor.
- Be of sound mind.
Florida Estate TaxesCurrently Florida has a "pick-up" tax. With a pick-up tax you only pay Florida Estate Taxes if you have to file a United States Estate Tax Return (IRS Form 706). As you fill out the IRS form, it will inform you how much you owe the state of Florida; this amount will be deducted from what you owe the federal government. For 2005 the minimum filing requirement for Federal Estate Taxes is $1.5 million, and this rises to $2 million in 2006. Probate: Florida courts and your Last WillProbate has come to be known as the legal process where a deceased person's estate is administered and distributed. Probate fees mainly consist of the cost of hiring a probate attorney. For a simple Florida Will and estate probate fees are generally reasonable. Florida has had probate laws since becoming a state in 1845. Related LegacyWriter InformationOther Florida Will Links |