When you settle on an estate plan, you should think not only about what happens after you die but also beforehand. Some elements, such as power of attorney documents, may come in handy while you are still alive. What does a power of attorney do, and what might you...
Year: 2022
What expenses do funeral trusts cover?
If you are writing a will, setting up a trust or tackling other estate planning matters, it may be wise to think about your funeral. After all, you can save your loved ones a great deal of heartache and money by paying for your final expenses while you are still...
What should I look for in a nursing home to avoid neglect?
It is often difficult to make the decision to either put a loved one in a nursing home or decide to go to one yourself. However, even after you have made this decision, choosing the right nursing home is a paramount concern. The regulations on nursing homes can vary...
When families should consider long-term care
Families cherish their senior loved ones, so when an aging person sees their health decline, the family may struggle with what to do. In many cases, assisted living facilities are necessary to ensure adequate supervision. Since no one wants to rob a parent,...
Do I need a will and a trust?
Two critical legal arrangements in estate planning are wills and trusts. Both tools allow you to distribute your assets to heirs after you pass. Though they have similar goals, there are important differences between them. These differences provide the key to why you...
What are reasons people may contest a trust?
Some people bypass probate by creating a trust to hold assets until beneficiaries can receive them. However, this does not mean someone cannot go to court to contest the terms of a trust. Sometimes a family must deal with a legal battle over who gets money or property...
Helpful tips for dividing assets between or among siblings
Your death is undoubtedly going to prove tough on your children, and they may find that they need one another more than ever during that time. However, taking certain steps when it comes to your Florida estate plan has the capacity to divide, rather than unite, your...
How do guardianships work in Florida?
When your parent begins showing more signs of aging and you start questioning that parent’s ability to care for himself or herself, you may start exploring your options. Depending on the severity of your mother or father's condition, you may wish to establish a...
Using home inspection reports to negotiate a lower price
There are many moving parts involved in purchasing a Florida home. If you have your eye on a particular property, one thing you want to do before making a final decision is have a professional home inspector perform a home inspection. The main point of a home...
3 elements to include in a basic estate plan
A Florida estate plan helps ensure that your wishes for the future come to fruition after you are no longer around to see to it. When you die without having created an estate plan, the responsibility of distributing your assets and tying up other loose ends falls on...