Senior estate planning could include preparing for long-term care services such as a stay at a nursing home or rehabilitation center. Florida’s managed care program may provide financial assistance to eligible residents over age 65, as noted by the American Council on...
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Will your family make it through probate?
Drafting a will may feel morbid, but when it comes to taking care of your family, it is necessary. Otherwise, your estate may fall into the court's hands. Even with a proper will, does your family have the financial resources to wait for its disposition? Probate is a...
How to choose an elder guardian
When seniors become unable to make their own decisions about their health, finances and other important choices, it may become necessary for the family to appoint an elder guardian. According to the United States Department of Justice, the terms for this individual...
Is this an example of undue influence?
Matters of the estate often bring up conflict due to the involvement of large amounts of assets. In fact, some people may try to take matters into their own hands and get more of an estate than the grantor wanted them to have. They may do so through methods of...
Can you protect your parents from undue influence?
If your parents live in a nursing home or another long-term care facility, you undoubtedly recognize the importance of keeping close tabs on them. After all, because of staffing shortages, nursing homes sometimes fail to meet the needs of their residents. In addition...
Consider the costs of a Florida funeral in your estate plans
Estate planning often revolves around what you have and where it is going. This includes your property and who may inherit it. It also touches on the health you have and who takes care of you should the worst happen. There are other aspects in the estate planning...
Will a family member make a good executor?
When choosing an executor for your estate, you will likely look toward those closest to you first. For many people, perhaps including yourself, this list will often include or even entirely consist of relatives. But are relatives your best bet when it comes to an...
What are disadvantages of accepting Medicaid?
Rather than wait until you need Medicaid, you want to have a plan for structuring your benefits that helps you maximize them. To have a well-thought-out plan, it makes sense to understand the ups and downs of the federal and state program. HealthResearchFunding.org...
What should you look for when visiting a nursing home?
Few major life decisions have the potential to be more difficult than choosing to move an elderly loved one into a nursing home. Still, if you cannot provide the care your relative needs to thrive, it makes sense to entrust care to professionals at a long-term care...
Can you prevent POA fraud?
Financial exploitation can rob you of the assets you worked so hard to acquire. It may leave you feeling vulnerable, anxious and hopeless. When you have a power of attorney you entrust to represent you financially, you need a superior level of trust in his or her...
