Those who rely on government disability benefits can face the loss of those benefits if their income and assets become too great. This forces individuals to choose between the benefits of financial investments or getting regular needed disability benefits such as...
Month: June 2017
Melbourne, Florida: Start early for long-term care
Few people like to spend much time thinking about how they might become dependent as they age. Daily tasks, such as housekeeping, hygiene, and taking care of bodily functions are sometimes taken for granted. Aging and disability may take a toll on a person's ability...
Estate planning: Having the final say about asset distribution
Any Florida resident who wants to avoid having the state make important decisions about the distribution of his or her property after death can draft estate-planning documents. That will also spare that person's loved ones the burden of complicated decision-making...
Starting a blended family requires revised estate planning
When families in Florida are joined in second or third marriages, blended families are formed. Along with the excitement and adjustments to get used to the new dynamics with children of both spouses, and potential children together, estate planning is sometimes...
Long-term care planning need not be an overwhelming process
Most people in Florida have expectations and visions for their own old age. These may include matters related to how a person wants end-of-life arrangements to be made, along with plans for long-term care, a will, trusts and any other estate plans. However, the...
Housing: Is a trust a good idea to protect your home?
As you age, you know that you want to protect your assets. One of your most valuable assets is your home. Should you place your home in a trust to protect it? There are advantages and disadvantages to putting your home in a trust. While a trust can protect your home,...