People might assume that they do not need an estate plan if they do not have substantial assets. However, naming people you want to make decisions on your behalf is a critical component of any estate plan. In fact, every adult can benefit from naming the parties they...
As people age, they face new concerns. When people think about elder abuse, they may think of physical abuse or neglect. Elder abuse can also come in the form of financial abuse. According to the National Council on Aging, those who commit elder abuse consider...
A common issue that is often overlooked in estate planning involves Medicaid eligibility. Though it is a needs-based program, it offers seniors a way to cover potential long-term care expenses without compromising their legacy. The goal of estate planning is to...
As your parents or loved ones age, you may find that long term care options are becoming more important to research and review. Learning some tips for helping your loved one choose a place that fits with the lifestyle he or she wants can make the transition easier...
Creating and maintaining your estate plan are two important steps in end of life planning. But there is one step that many people overlook, or simply do not wish to address. This step involves discussing your estate plan with your family and loved ones. Death and...
If you are planning to become a landlord, be aware that it is a serious undertaking, especially when it comes to a condominium. Florida statutes cover many of the rights and responsibilities of landlords and tenants, and there are additional statutes that apply when a...
You likely put considerable thought into naming beneficiaries and getting your finances in order for your Florida estate plan. If you are like many individuals, you believe that naming your oldest child or best friend is the right move when naming a trustee. However,...
Even if an elderly parent requires more care than you can give, moving her to a Florida nursing home may adversely affect her health and well-being. During the transition period from living in her own home to a care facility, determining if issues are detrimental to...
Probate is the handling and distribution of a deceased individual's estate. Tasks in this process also include paying taxes and carrying out any specified instructions in the will. According to Forbes, close to half of the U.S.'s over 55 population has yet to get...
There are a myriad of decisions to make when creating a comprehensive estate plan in Florida. In addition to choosing guardians and beneficiaries, it is critical to select the right administrator to oversee matters of your estate once you pass. If you do not name an...
