Experts suggest you review your estate plan every few years. This may seem like a long time, but in reality, an estate plan review is often a daunting and time-consuming project. If you are starting on your estate plan review, you may want to prioritize things. This...
Month: March 2021
How to prevent family feuds while estate planning
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Mar 13, 2021 | Estate Planning
Planning for the future may feel like a daunting task. This is one of the main reasons why you may have put off planning your estate until this point. If you have yet to create a will or put together other estate planning documents and you are over the age of 55,...
Prepare for long-term care long before you need it
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Mar 11, 2021 | Elder Law and Medicaid Planning
You may be putting back quite the inheritance for your children, but even a brief time in a nursing home facility could eat all your savings quickly. The Florida Health Care Association reports on 2020 data indicate that you are likely to pay more than $100,000 to...
Taking advantage of estate tax portability
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Mar 1, 2021 | Estate Planning
Previous posts on this blog touched upon the fact that estate taxes may or may not be a concern to Florida residents. While the state does not impose a local estate tax, the federal government does levy a tax against estates exceeding a certain threshold. Per the...
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