Losing a parent is a challenging and emotional time. In addition to the personal loss, there are numerous legal and financial matters that need to be addressed. For affluent senior adults in Florida, understanding the process and knowing what steps…
Estate planning is crucial for any family, but it becomes even more vital when it comes to blended families. Blended families, where one or both spouses have children from previous marriages, face unique challenges. Ensuring fair and equitable distribution of…
If you choose not to have a will or create one without the assistance of an experienced estate planning attorney, you could be leaving your heirs with a costly and complicated situation. Without a valid will, state laws determine the…
You might think that because you don't own much, you can put off estate planning until later when you can afford it. However, there are compelling reasons why procrastination is not a wise choice. Firstly, it's essential to legally designate…
As I prepare my will, I've encountered the term "per stirpes" regarding the distribution of property to my children. But why does the law sound like it's referencing zebras? Firstly, it's not "per stripes" but "per stirpes," originating from Latin…
Asset transfer, whether occurring during one's lifetime or posthumously, involves the redistribution of wealth or assets from one party to another. Employing strategic methods is crucial to ensure tax efficiency and the optimal reorganization of assets. Here are several widely…
It is easy to burn out when you are responsible for providing full-time care to an aging or disabled loved one.
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
In the hospital, Jeanette's father begged her to take care of her mother if he could not. Of course, Jeanette agreed. Years later, Jeanette's father passed. Her mother's hearing and eyesight failed, she could no longer drive, and she had…
Several decades ago, Congress created safeguards to protect the savings of married couples using Medicaid. These protections prevent husbands and wives from bankrupting themselves and funding care for their loved ones. They originally required states to allow spouses of nursing…