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...
Jacksonville Estate Planning And Elder Law Blog
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...
Intestate succession in Florida
Estate planning remains a controversial topic for many people in Florida. While most understand the benefit of having a will, few actually follow through in drafting one. Indeed, according to information compiled by Gallup, only 46% of American adults have a will. The...
Can you face lawsuits for mismanaging an estate?
When someone names you the executor over his or her Florida estate, you may feel both honored and stressed about the responsibility that comes with the title. Serving as someone’s executor takes time and effort. You also need to be sure to cover all your bases when...
Can I qualify for help paying for Medicare premiums?
Medicare is insurance provided for older adults by the government, but it is not free. You will have to pay for premiums, which can be difficult on a fixed income. According to Medicare.gov, there is assistance available to help you pay your premiums in some...
How can asset protection benefit me?
Asset protection benefits your heirs as part of the estate planning process, but it can also benefit you now. You can protect your liquid assets, real estate, personal property, and retirement accounts through asset protection planning. What are examples of asset...
How may titles on properties and assets affect probate?
Properties of deceased individuals in Florida generally require probate so that the court may legally transfer ownership to heirs. Even without a will, however, an individual that you listed as a beneficiary on a title, deed or contract may forgo probate, as noted on...
Should I choose co-executors to manage my estate?
The task of administering your estate following your death is an important job. You want your heirs to receive their inheritance without any delays, but you worry that your executor might not be up to the task. Some families decide that picking co-executors to oversee...
What are VA priority groups?
While looking into Medicaid planning, you consider applying for VA benefits, too. If you need help sooner rather than later, you may wonder if you qualify for a VA priority group. The U.S. Department of Veterans Affairs explains how it prioritizes veterans to get them...
Should you create an estate plan after a house purchase?
A common misconception about estate plans exists that perpetuates the notion only the rich and elderly need to create them. However, experts continue to come forward, insisting that estate plans can benefit anyone. In particular, this holds true for anyone who owns...