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The Trust Group
Historic Holiday Tower

Memo from:  Gary D. Spicuzza, PhD,
                    University of Hard Knocks,
                    Financial Consultant, since 1985,
                    33 years experience.
                    Florida Department of Financial Services,
                    License # A250865. 

To: Pasco/Pinellas/Hillsborough/Hernando/Manatee/Sarasota County Homeowners, et al.

RE: Verbal 2 x 4 upside the head to get the point across, please don’t take offense. 

Offense definition: something that causes a person to be hurt, angry, or upset.” Don’t be angry at me, I didn’t do this to you and I’m trying to help you and your children. 

It’s NOT your fault, your attorney or current Financial Advisor didn’t make this crystal clear to you and your attorney engaged in fraud by omission.

If you do not understand the Last Will & Testament that you bought from your attorney or for $69 will end up costing your adult children heirs about $7,000, (average $200,000 Estate), in Probate Attorney Fees and Court costs, then you simply don’t understand the document you signed. 

Dirty little attorney secret: It’s once the individual or both spouses are deceased that triggers the expensive Probate Court System.

See/check copy of your deed.

[Attempted Humor][biggrin][rofl][thumb]

Don’t be like your neighbor, Mr. and Mrs. Lipshitz.

Mr. & Mrs. Lipshitz are uninformed….  AND,

They suffer from apathetic ignorance.
They don’t know and they don’t care. 

Let me explain how their home and assets get tied up in the expensive Probate Court System. 

When they bought their home the title company or attorney deeded the property as: 

Mr. Lipshitz and Mrs. Lipshitz, his wife. That’s “Tenants by the Entirety” very common with Husband and Wife. See copy of your deed.

What happens with the home, when, let’s say, the Husband dies? (Mr. Lipshitz)

Nothing.  His joint tenancy dies with him, and now, Mrs. Lipshitz owns the home in her own individual name. 

What happens when Mrs. Lipshitz dies? The second spouse to die. A new legal theory entity known as The Estate of Mrs. Lipshitz owns the home. Now the home HAS to go through the Probate Court System before the adult children heirs get title to the home. 

Please understand this fact: Once an individual dies with assets in their own name, (real property, bank accounts, stocks, bonds, mutual funds) those assets HAVE to take a complicated and expensive trip through the Probate Court System. 

If you don’t understand that your, Last Will and Testament guarantees your Estate will go through Probate, then you simply don’t understand the document you signed. 

One spouse will absolutely predecease the other and once both spouses are deceased, BINGO, welcome to the Probate Court System

There are simple methods to avoid this but the methods must be implemented BEFORE the crisis happens.

Please understand it is your adult children heirs who will have to suffer through and pay the attorney fees and court costs  to Probate your Estate.

[/Serious Subject Matter]

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Gary D. Spicuzza,

The Trust Group
2435 U.S. Hwy. 19
Suite 125
Holiday, FL 34691

Office: 727-945-8599