Melbourne, Florida, Trust, Estate Planning And Probate Law Blog
Your responsibilities as an estate administrator
When helping to administer someone else's estate, you act in a fiduciary capacity. In other words, you act for the benefit of someone else. The name for your role in administering the estate depends on what you are in charge of managing. If someone named you as the...
3 skills every medical power of attorney should have
Aging can be scary. After all, even if you have had a generally healthy life, your golden years may bring a variety of medical hardships. You may even have to plan for long-term care. Unfortunately, for a few reasons, you may eventually lose the ability to make your...
Will a special needs trust help your chronically ill loved one?
Watching a loved one deal with a chronic illness or disability can be disheartening. This person may need ongoing specialized care, which can be costly. Families and individuals in Florida usually end up having to empty their life savings to even qualify for...
What new parents should know about estate planning
Most parents just want what is best for their children. This usually involves making sure that kids eat well, see their doctors and get a good education. However, as parents worry about these issues, they often fail to consider how these needs will be met should they...
Yes, you need to think about long-term care planning
Planning for the future usually feels very important for young adults. Florida adults who are closer to or who are already in retirement may feel like planning for the future is a less urgent task. However, long-term care planning is an essential task that should not...
Donating and your estate plan: Leaving a legacy
If you have an estate plan, something you may want to do is to take steps to leave behind charitable contributions or donations. Having a strong estate plan in place can help you do this. Whether you want to donate to a university that you attended or a hospital where...
Estate planning throughout life
As life changes, so do a person's individual needs. When it comes to estate planning, it is important to consider which stage of life a person is in. Estate planning needs will differ depending on this. Here are just a few ways in which an estate plan might change...
Have you made one of these mistakes with your estate plan?
Estate planning probably seems easy enough. What could be hard about writing down one's assets and who should have them? In reality, creating an estate plan is about much more than passing on property and inheritances. Here is a common mistake people in Florida...
Protecting estate planning documents at home and elsewhere
Creating an estate plan is important, but so is keeping it safe. A person should understand the best way to keep his or her documents safe until they are needed. However, the manner in which they are stored should not be so safe that loved ones cannot access them in...
How to talk about long-term care plans
Most people learn which topics of conversation are impolite -- including money -- at a relatively young age. This can make it hard for some people to approach the topic of money and financial security with their parents. For adults in Florida who need to talk with...
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