How Does Winning The Lottery Affect Your Florida Estate Planning?

can lottery winnings be inherited
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The winnings are generally considered marital assets if you win the lottery while still married In that case, your ex-wife could have a

Estate taxes worth up to 40% can further reduce winnings in case of death, and a winner's heirs may be charged additional inheritance taxes

can lottery tickets be purchased online Prize moneys will be paid according to the law of descent and lottery of any further liability for payment of said prize winnings (a

can lottery winnings be inherited The conventional wisdom is that winning the lottery will change your life Hartford inherited approximately $90 million when he was 12