Jacksonville Estate Planning And Elder Law Blog
Spend down planning in Florida
Estate planning typically revolves around what happens after a death, but proper navigation of a person's twilight years falls under the umbrella term as well. When taking care of an elderly or disabled person's comfort, Medicaid offers financial assistance for...
What plans should I make before I retire?
Planning for your future is more than just determining where you want to live in your senior years. There are certain actions you should take to maximize this next phase of your life. Here is some advice from Forbes about what steps to take before you retire. Update...
Physicians might consider extensive estate planning steps
Estate planning could do more than assist heirs and family members after someone passes away. Estate planning can also provide legal strategies for people while they are still alive. Many professionals benefit from estate planning as business responsibilities might...
Remarriages and estate planning needs
When a person decides to make an estate plan, they may want to ensure their surviving spouse and children receive a legacy from their estate. When the surviving spouse is not the biological or adoptive parent of the children, estate planning requires a different...
The mental advantages of estate planning
A lot of people focus on the financial perks of setting up an estate plan, which are very significant. Ensuring that loved ones are taken care of in the future an that your estate is managed properly offers other advantages, however, especially from a mental point of...
Beneficiary designations play a key role in estate planning
Florida residents may focus on their wills as the centerpiece of their estate plan. However, Kiplinger notes that beneficiary designations also play an important role in your estate planning. Our law firm has experience helping clients design thoughtful estate...
What is the difference between voluntary and involuntary guardianships?
A guardianship is when the court gives one person the authority over another person. A guardian may have the right to make personal and financial decisions for the person or the decision-making rights may have a limit to only personal or only financial. According to...
Interested parties in probate court
The concern, when an estate goes to probate in Florida, is that it may get tied up in litigation. The more people who have the ability to sue, the higher the likelihood of a delay. However, there is a limitation on who can file a lawsuit. People must be an interested...
What is a simple will?
The majority of Americans are aware that a will is necessary in order to ensure that our assets are rightfully distributed when we are gone. However, many Americans are hesitant to write a will due to how complex the process seems. However, there is a specific variety...
Restructuring retirement plans for asset preservation
Few start out planning for the worst case scenario. However, retirement is not always smooth as one would hope. Plans for the future are usually based on expected needs. As the reality of these needs change, logic dictates that estate plans should change as well —...
