Melbourne, Florida, Trust, Estate Planning And Probate Law Blog
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...
Don’t take trust administration lightly
It may feel as if there a hundred tiny little decisions that must be made during estate planning. While the average person in Florida might start this process with the intention of giving every decision his or her full attention, it can be easy to start slacking a...
A special needs trust can give you peace of mind
As you get older, you may start to worry about what will happen to your child if you pass away. When your child was younger, the reality that they had special needs wasn't as serious to you. However, over time, you've realized that not being there could make their...
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