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...
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...
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...
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many people who create estate plans then proceed to let them sit for years at a time, allowing them to grow outdated and aged.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...
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...
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...
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...
Mistreatment of the elderly is a widespread problem in the United States, and all 50 states have passed laws attempting to prevent it. Unfortunately, however, the problem often goes unreported because abused seniors are either unable to report it or are reluctant to...
While planning your estate and learning more about elder law in Florida, you learn of something called a health care proxy. How do you choose the person tasked with making medical decisions for you if you become incapacitated? NYC Health + Hospitals offers tips for...
When you live in Florida and have an older loved one who lacks capacity or a child with a disability, you may need to take extra steps when creating your estate plan. Many individuals with disabilities or special needs rely on certain types of government assistance,...
