Category Archives: Estate Planning
Eligibility for Medicaid in Florida for Nursing Home Care
If you have a loved one who may need nursing home care but would like government assistance in paying for it, you will need to make sure the candidate meets all of the criteria in Florida to receive Medicaid for nursing home care. These criteria are as follows: Legal residency in Florida A need for […]
Important Estate Planning Tools for College Students
While most college students who are young adults probably don’t pay a second thought to estate planning, it can be highly beneficial to get some simple estate planning documents in order. The importance of doing so is even greater during the time of a pandemic. Students who are back at campus this fall are at […]
The Benefits of a Special Needs Trust
A special needs trust is a crucial estate planning tool for persons whose beneficiaries (minor or adult) have special needs. Here are a few of the biggest benefits of implementing this tool in your estate plan. Preserve government benefits: By using a special needs trust, you can provide for your beneficiary without risking their government […]
The Importance of Estate Planning During the Pandemic
The spread of the COVID-19 pandemic has shaken up a lot of the ways we live and work in the United States. It has also added a sense of urgency to estate planning, particularly for people in high-risk demographics. The growing case numbers and death counts serve as a constant reminder of our mortality, and […]
Governor DeSantis Signs New Florida Guardianship Bill Into Law
Florida Governor Ron DeSantis recently signed 21 new bills into law, which included House Bill 709/Senate Bill 994, which amended some of the state’s guardianship laws. Under the new legislation, seniors have additional protections while in the care of a guardian. The bill also contains changes to guardian oversight and reporting requirements. Changes to Florida […]
The Pros and Cons of Using the Same Personas Trustee and Personal Representative
If you’re including a trust in your estate plan, you may make your trustee the same person you’ve selected to be your estate’s personal representative, if you choose. In fact, it is quite common for people to do so. But just because it’s easy and common does not always mean it’s the right choice. Here […]
How You Can Choose the Right Personal Representative for Your Estate
Selecting the right personal representative for your estate helps you ensure all matters of your estate will be administered smoothly after your passing. But how do you know who is the right person for the role? Here are a few considerations to keep in mind. Responsibility: Anyone who assumes the role of personal representative should […]
Considerations for Aging in Place
It is common for people to want to stay in their own homes as they age, rather than moving into a retirement community or assisted living facility. One’s ability to do this largely depends on their condition as well as the kind of home they have. But in general, it is possible to plan ahead […]
The Signs of Undue Influence in Estate Planning
One of the more common reasons for disputes over estate plans is accusations of undue influence. This involves one person exerting influence over the person planning their estate in such a way that it compromises that person’s agency and ability to make their own decisions. If one is able to prove decisions in a will […]
Tips for Discussing Your Estate Plan With Your Family
While it can be difficult to spend time thinking about your own mortality, it can be extremely helpful and even freeing to discuss your estate plan and end-of-life wishes with your family. Sharing your intentions in advance can help you to prevent arguments from happening after your death. It might be particularly beneficial if you […]