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To: Kenny Bania
Re: "The assets, by law, almost always go to the surviving spouse."

In Florida, that is not the case, unless their law has changed since 2013.

A mandatory minimum of 40% goes to the living wife. That money can also be placed in a Trust, which pays all the annual Trust income to the wife for life.

After the wife's death, a new Trust beneficiary can be named, such as a charity, children, etc., or the Trust can be terminated and all the Trust assets distributed to new beneficiaries.

58 posted on 02/21/2021 12:58:33 PM PST by zeestephen
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To: zeestephen

it might take a spousal election instead of just automatic


76 posted on 02/21/2021 1:25:25 PM PST by RummyChick (To President Trump: https://freerepublic.com/focus/f-chat/3923111/posts)
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