$500, $5000, Jennifer discussed on Laying Down the Law
Will, um and then thinking that are doing a will online thinking that you just save like $500 when instead you're going to spend like $5000 after you die. Um, that's just one of the things I wish I could help everybody know and understand, But no matter how many times we say it, we still get it every week that people don't have wills or didn't do some planning that would have made it Super easy. Yeah, I went through it with with my mother when her mother passed last year, actually, in terms of getting Um, you know, bank accounts, that kind of stuff moved over once someone I mean, I You don't really think about it, Jennifer. But there's so much that has to be done when somebody passes. If even if they do have a will that If a lot of that is organized before they pass, it gets a lot easier. And if you do get a lawyer involved earlier rather than later, you can save yourself some headaches, sometimes some time. Other times. Some money, too, because I mean, my my mother had a heck of a time getting, you know, insurance money paid out in all of that, and it's just a very slow process. Right, it really is. And I mean, we have one now where the person has plenty of assets and like her heirs are getting them. But just like keeping the electricity on at the House and Um and just getting their house emptied out. There's just like so many little things you don't think about and if you don't set aside and like there's no money for that, and like this lawyers, we can't do that. So people are fronting money. I mean, people front monies for funerals and all that kind of stuff all the time. Um, and like I said, people just don't think about like that little bit of impact or just setting aside a little bit or having that one bank account, and, uh, like I said, it's going to happen every day that people aren't going to plan but it's not scary, too. Plan. A lot of people just don't want to think about it and don't do it. For that reason. Also, it's not a money thing. They just don't want to think about their death, and they don't want to put it in writing. Um, so there's all kinds of reasons. Sometimes people can't decide where they want their kids to go if they have younger kids, So I mean there's all kinds of barriers, but I cannot encourage people enough to kind of just push through them. Because it's just so much better to plan. You know what really solves it for some people is watching somebody else go through having to figure a lot of it out. If indeed it's not planned before and me watching what my mother went through. I you know when the time is appropriate when I have actual assets and things and and kids and all that when I have when I have an adult life at some point in the in the not so near future, um Then you know, like I will go do all of that because it is a battle from basically the moment that someone is lost to get all of that figured out and even just What, what You agreed with with a you know, with with a burial and all of that stuff, it really is. It's overwhelming for a lot of people and The uncomfortable moments of thinking about what could happen and what might happen. I I I think that they are not nearly as as as bad as have someone having to figure that out. So I would agree. Um, I would agree with getting a lawyer involved in getting all of that organized before the time because afterwards it is, uh It's quite a quite a lot of work. She's Jennifer angler from the Orlando Law Group. You are listening to laying down the law is brought to you by the Orlando law Group. If you have a question for Jennifer, you can, of course, give us a call. Right here on Wdbo 84458093 to 6. That's 84458093268445809326. With any legal questions that you have Jennifer while we get some of the callers lined up here over the next couple of minutes. I know you wanted to talk about some of the, uh, the changes the governor's office. Some of the laws that they signed a Is there a place you want to start there with that We can kind of roll some of this in throughout the hour. Sure. Yeah, this album. This is a quick one before we have to take the next week because I know it'll be coming. But I'm speaking of H Always there are there was a new statute passed. That impacts H aways one how they collect fines and things. Which requires an extra step. So any of my H two a board members who are listening, um or anyone who works in that field, managing associations, If you haven't clued into that, um, we have a letter that we're sending out to all of our H away clients. So I mean, if somebody calls and ask at the front desk And they could get a copy of that, too. Especially smaller. Hou is that kind of do their own management or whatever, but again if you don't do the, uh H ways can lean your property. Obviously they can find your property depending on what your governing documents say. But this is the H away doesn't do it properly and add this new step in then you'll have to start all the way back at square one, which obviously waste the association's money. No one should do that. But so yeah, for my H two a people, there's some new staff. That's the main thing. There are a few other changes. But if you don't know what I'm talking about, and you manage, are involved in an H O A. Like I said, Give us a call or email. Essen will send you the information. So you have it. I mean, again. Just if you are on an Hou always should be checking those new statutes every year. Um, and anybody who's involved in anything that That statutorily based statutes change. They usually become effective in June or July, announced the time to be looking at it. And that's a major one. Quick question. If if an H Away does find you, Where does the find money go? And what do they use it on? I never understand. I never really I've never had an H away. So is that agreed upon. I'm guessing in your You know in in the way that that it's formed or where does the money go? Well, so the fines that they bring in an interest because yeah, everything once. I mean, once you all the money H away, whether it's a fine or being late, or whatever late fees then it goes on your ledger. Which is that where you what you owe the H O A. And everybody has one because your normal H o a dues are on there, too. Like normal, normal money that you owe Then it just starts accruing, Uh, there's attorney's fees. Once attorney's fees get involved. That piece goes right to the attorney, but then otherwise, eventually, when the money is collected, it just goes into the OAS general fund..