LexisNexis® Legal Newsroom
Can Minor Children Pick the Personal Representative of an Estate?

In Florida Florida Statute 733.301(1)(b)(2) defines how a minor child can participate in a probate proceeding. Minor children are not able to participate directly, but can do so through a court appointed guardian over their property. In a recent Florida case out of the 2nd District of Florida...

New York Wrongful Death Compromises: Alienation of Infant’s Funds Beyond 18

By Peter K. Kelly In 1971, the 26 th Amendment to the United States Constitution was adopted, which guaranteed that citizens eighteen years or older shall not be denied the right to vote, by the United States or by any state. In 1974, the New York State Legislature enacted 53 bills amending various...

Minor children? Here are the steps you need to take to protect them

The importance of life insurance for parents with young children cannot be overstated. However, insurance is just one part of the story. To ensure your child's financial security, you need to properly plan for how the proceeds will be distributed to your child, as well as for how your child's...

Ask Liza: Naming a Minor as a Beneficiary of an IRA

By Liza Weiman Hanks | Dear Liza: I want to name my minor grandchildren as beneficiaries of my IRA account. How do I do that? Can I use my Will? It’s a smart idea to name minors as beneficiaries of your IRAs. Since they are young, they’ll be able to withdraw that money slowly over their...