Some people find it difficult to consider or discuss their own mortality. However, it might be worth planning for the time that may come between a healthy life and death. Many people suffer from cognitive deterioration that could render them incapacitated, and...
It took you 20 years to build your company. You started with nothing but a dream, and now the company is valued at $1 million. You've put in so much of your own time, money and effort, really giving everything you have to the company. You're proud of it. And you don't...
Most parents in Florida who have children with special needs are concerned about the welfare of their kids when they are no longer there to provide care. However, parents must approach this matter with care to avoid jeopardizing the child's access to government...
Most parents have special items -- often items without significant value -- that they want to leave to particular children or grandchildren. These can include furniture, jewelry, paintings, books, dishes or even pets and more. Wills do not typically include these...
Executors of estates are often close relatives of the deceased persons, and may not familiar with the tasks involved. In fact, the prospects may seem overwhelming, but estate administrators in Florida need not despair because legal guidance is available. The primary...
You've heard about the importance of having a will, but important messages bear repeating. Proper estate planning serves a multitude of purposes: distribution of assets and sharing with loved ones are the most obvious, but another reason is that when your estate goes...
A power of attorney is a document that typically forms part of a person's estate planning. People nationwide, including in Florida, usually draft such a document to protect their interests when they become unable to do it themselves. A person would choose a trusted...
In 1993, the Omnibus Budget Reconciliation Act of 1993 (OBRA-1993) was enacted to overhaul Medicaid. This allowed parents, grandparents, guardians or courts to establish self-settled Special Needs Trusts for individuals under 65 years old who have disabilities....
Many people go through life making lists to help them plan major events such as weddings and more. Retirement is such an event that needs careful planning, and making a to-do list can ensure nothing is left unaddressed. Florida residents may want to start with giving...
Most people recognize the importance of estate planning and typically want to ensure they entrust the right people with their assets. In many scenarios, trust administration is an important consideration when planning an estate, and careful consideration typically...
