LA-3 Probate & Estate Planning (2/3/2021-5/12/2021)

Students are introduced to the principles of probate law in Florida. Topics for study include: the role of the attorney and personal representative, probate vs. non-probate assets, testate vs. intestate estates, creditor and beneficiary rights, accountings, probate litigation and federal estate taxes as well as trust administration. You will learn to administer an estate from beginning to end, including formal, summary and ancillary administrations, and you will be required to prepare pleadings after a study of the Florida probate code. Estate Planning focuses on various ways to own property and the consequences of same at death. The students will also learn the manner in which assets pass by intestacy, the manner of creating valid wills and amending and revoking it, spouse’s elective share, and the grounds for contesting a will, including lack of testamentary capacity and undue influence. Finally, the students will have an overview about the different type of trust, its purposes, and the use of revocable and irrevocable trusts.