You know that an older relative or loved one might benefit from assistance in his or her life. This vulnerability could even require an elderly person to live in an assisted living facility or nursing home. Older individuals also face the possibility of abuse from a...
Florida Legal Blog
Do you know these home inspection red flags?
You feel ready to buy your first or next house in Florida, and you want to set yourself up for success. To ensure you do not move into a money pit, have a professional perform a home inspection. To help you identify potential problem areas, see what U.S. News &...
Why should you discuss your estate plan with your children?
Like most people, you may not want to talk about your financial situation with your children. When working on an estate plan, most older adults do not want to discuss the ins and outs with adult kids. However, when keeping quiet about your estate plan could result in...
Estate planning may include business continuity arrangements
Some business owners may fail to include a thriving enterprise in their estate plans. Without a successor, a business may fall into the hands of an individual who may not have the skills or desire to manage it. It could take several years to find and train a successor...
Do all assets go through probate?
Probate allows the court to oversee the distribution of your assets and ensure the legality of the process. It allows your relatives to protect your assets as well if there are concerns about someone influencing your estate plan. For most people, probate is not a long...
What legal issues may I face caring for my parent with dementia?
Dementia is a terrible condition that impacts many people as they age. It can render a once viral adult incapable of taking care of his or her basic needs. If you have an aging parent who is showing signs of dementia, it is important to make a plan for his or her...
Is it time to update your estate plan?
Your estate plan should constantly evolve to keep up with and reflect your own life. Unfortunately, many people who create estate plans then proceed to let them sit for years at a time, allowing them to grow outdated and aged. But how exactly can you find the perfect...
Steps to take before closing day
If closing day is coming up, it means you are almost the new owner of a home. Although you may feel like the hardest part is behind you, there are actually a lot of things you should do to prepare for the closing. Although many closings go smoothly, there are some...
How wills and irrevocable trusts differ
When you craft your Florida estate plan, you may be able to use different estate planning methods to accomplish your objectives. A will is one such tool, and an irrevocable trust is another. Per Yahoo Finance, both a will and an irrevocable trust give you a means...
Is your elderly relative vulnerable to undue influence?
Creating a comprehensive estate plan is one of the more effective ways to retain control over what happens to assets after death. If your elderly relative has a will, trust or any other estate planning document, you hope it expresses his or her genuine intentions. If...