Buying a home is a significant financial decision that requires careful thought and planning. However, there might be circumstances when walking away from a potential purchase is the best choice. Knowing when to abandon a home purchase can save you from long-term...
Florida Legal Blog
What does a funeral trust do?
Paying for a funeral can require some financial acrobatics. When you include the service, embalming, burial plot and other funeral-related expenses, your family might be on the hook for substantially more. According to the Federal Trade Commission, a casket alone can...
Improving the odds of selling your home in a competitive market
Selling your home in a competitive market can present unique challenges that might discourage you. Your approach to preparing and listing your home could make a considerable difference in your ability to sell it. When you understand some simple strategies for...
Tips for appointing the right trustees for your trust
Establishing a trust helps reduce the risk of probate issues with your estate and your asset distribution after your death. Assets placed in a trust are not subject to probate because they belong to the trust, not your estate. The key to a successful trust...
When should you update your will?
When you created your estate plan, you likely included a last will and testament in these plans. This document provided an opportunity for you to name an executor for your estate and to list a guardian for any minor children you have. According to the American Bar...
Choosing top-notch tenants: a landlord’s guide
Securing the ideal tenants for your rental property is a critical aspect of being a successful landlord. With the right occupants, you can ensure timely rent payments, proper care of your property, and minimal hassle. This blog post delves into strategies for...
What kind of special needs trust is best for your disabled son?
Perhaps your teenage son suffered injuries as the victim of a truck-car crash and is now disabled. He has government benefits but recently received a substantial insurance settlement. You wish to find a special needs trust that will ensure your son has lifetime...
Why do you need an inspection before buying a home?
Home inspections are something buyers typically ask for before closing on a house. They are not mandatory, but they are something your agent will probably recommend. In some cases, your lender may mandate you get a home inspection. But if the choice is yours, it is in...
Protecting assets for future needs
As parents get older, the need for care beyond what family members can provide becomes necessary. The Department of Health and Human Services (DHS) claims that approximately 70 percent of retirees will require long-term care. Costly care Nursing homes are a common and...
New legislation could restrict senior living facilities lawsuits
A new Florida bill will restrict lawsuits against long-term care facilities if passed. Tort reform advocates say the changes are necessary to reduce excessive litigation. Opponents of the bill believe the legislation could increase unsafe conditions in long-term care...