When a person owes you money and dies, all is not necessary lost and the funds can still be recovered at times from the deceased person’s probate estate if proper procedure is timely followed by you as the creditor.
About Kevin Albaum
Kevin Albaum was born and raised in Tarpon Springs, Florida. He grew up spending a lot of time on the water either boating, fishing, wakeboarding, or jetskiing. Kevin earned his bachelor’s degree at Florida State University where he competed for FSU’s mock trial team across the country. Immediately upon graduation, he enrolled at Stetson University’s College of Law in Gulfport, Florida due to their specialty program in elder law and his passion for that specific field of the law.
Kevin moved to Lakeland, Florida to join Clark, Campbell, Lancaster, and Munson where he practices in the areas of: elder law, guardianship, estate planning, trust administration, and Medicaid. Since moving to Lakeland, he has become involved with the Alzheimer’s Association Walk Committee, EMERGE Lakeland, and VISTE.
Entries by Kevin Albaum
As an estate planning and probate attorney, I often encounter the following question… What happens to my remains when I die?
Q. What if I don’t have a Will?
You finally did it. You worked hard, put the kids through college, saved enough money, and now your movers are packing up a moving truck destined for the warm Florida climate.
Most people know that there is a tax break available to them on their home (house, condominium, co-ops apartments, and some mobile home lots also qualify). The way it works is that a tax exemption can be applied for at the local property appraiser’s office on a person’s home if the person owns and lives in the home that they are trying to obtain the exemption on by January 1 of the year they are trying to claim the exemption.
By: Kevin R. Albaum, Esq. Clark, Campbell, Lancaster & Munson, P.A. A bill known as the Special Needs Trust Fairness Act (the “Act”) has been working its way through the legislative process for a couple years now. Finally, on December 17, 2016, President Obama signed the Act into Federal Law. The law became effective immediately. A first […]
Q. When is it recommended to meet with an elder law attorney to discuss Medicaid issues and planning?
Q: The Personal Representative (Florida’s term for an Executor) of my father’s estate is selling my father’s home to a family member. What is the process for this transaction, and should the probate attorney or a title company handle the closing?
Q: My child has a developmental disability and is about to turn eighteen years old. How do I protect and continue to care for him?
Q: What is probate, and should I craft an estate plan to avoid it?