Important Things to Consider When Naming a Trustee

Legal trusts are one of the most common vehicles used in estate planning. They offer a wide range of benefits that can’t be matched with Wills or most other things. When you have a trust in place, you will need to name a trustee to administer the trust and make sure your desires are carried out properly over the life of that trust. You can either choose an individual to be named as a trustee, or you can choose a Read More

5 Myths About Living Trusts

Living trusts are an important part of many people’s overall estate plan. They offer a variety of advantages and can be used in many different ways. Due to their popularity, however, there are also a lot of myths surrounding living trusts, some of which could end up costing you thousands of dollars. Read about these myths and what makes them false so you don’t make the same mistakes that others have. Living Trusts Read More

Do You Have a Plan for Your Digital Assets?

Over the last several years, the Internet and many other digital products have gone from being something only a small number of people were even aware of to an essential part of everyday life for most people. Today, people keep photos, journals, financial documents, and just about everything else you can imagine online. Just like real physical items, digital assets can be extremely valuable both financially and Read More

What You Need to Know About Section 1115 Waivers

One of the most important new rules that was brought out of the Patient Protection and Affordable Care Act was the expansion of Medicaid coverage to many non-elderly adults. Those whose income was at or below 138% of the federal poverty level could not potentially qualify for certain coverages. The section that addressed this new coverage was #1115, which is why this coverage is commonly sought with a “1115 waiver.” Read More

An Overview of the Florida Probate Process

If you have had a loved one pass away recently, you may have been named in their Will or other legal document as a beneficiary of their estate. In order to actually get what was left to you, however, it may be necessary to go through the probate courts. The probate process serves to determine who is legally entitled to what and will settle the estate by allocating assets to pay off debts before distributing all Read More

Elder Law 101: How to Ensure Your Home Goes to Your Loved Ones

When planning the future of your assets after you pass away, your home is often the most important one. It will certainly have a very significant financial value associated with it, but in many cases, it is the emotional value that is most important. Many people mistakenly think that when they pass away, their home will just naturally be passed on to their children; but that is often not the case. Even when this does Read More

Understanding the Durable Power of Attorney in Florida

A durable power of attorney is an important legal document that grants another party the right to act on your behalf in many legal matters. Understanding exactly what this means and how it will impact your future is essential. This post provides a brief introduction to what the durable power of attorney is and some key points about how Florida courts will look at it. What Is a Durable Power of Attorney? If you Read More

5 Ways You Can Help Your Loved One Transition Into a Nursing Home

If you have an aging loved one who may have to enter a nursing home, it can be a very stressful and difficult experience for them. Before, during, and after their admittance to the nursing home, there are some things you can do to help make the transaction easier. The following five things can help ensure this entire process is as easy as possible for everyone involved. Find the Right Nursing Home In most Read More

5 Things You Can Do Today to Start Planning for Long Term Care

Preparing for your long term care is something that you want to start doing as soon as possible. The more time you have to prepare, the more options you’ll have available to help ensure you will have the care you need. Take some time to look through the important things you can do today to help prepare for yourself for the possibility of long term care in your future. Knowing the Costs One of the first things Read More

How Your Divorce Affects Your Estate Plans

Going through a divorce will have a significant impact on just about every aspect of your life. For many things, adjusting and adapting to the changes just happens naturally. For other things, such as estate planning, you will need to take the time to fix it yourself. If you fail to have your estate plan properly updated after a divorce, it can result in your assets going to people or places that you would not like, Read More