If you are a property owner who is leasing to a third party, you may have concerns about your responsibility for accidents that may occur on the property. Asset protection planning may enable you to safeguard your property against liabilities for injuries sustained on...
Jacksonville Estate Planning And Elder Law Blog
What familial changes should prompt an estate plan review?
After you write an estate plan, you will need to keep on top of its maintenance throughout your life. After all, an outdated plan that no longer serves your interests is on par with having no plan at all in terms of usefulness. Knowing when to update or review your...
Long-term care services and Medicaid in Florida
Medicaid in Florida has special services available for people of the age of 65. There are special requirements a person must meet to get these benefits. According to the Agency for Health Care Administration, qualifying for long-term care benefits also means...
How to include online information in an estate plan
You probably store financial information or other vital data on your computer, a hard drive or perhaps in a digital cloud. With passwords and other security, you may feel good about keeping your data secure. But after your death, your estate executor may need that...
What should I know about conservatorships?
Recent media buzz has brought attention to a little-understood aspect of US law: conservatorships. Conservatorships are a form of guardianship for adults. There are multiple reasons why a person may need a conservator to manage their affairs. According to the Autism...
What should an estate plan include for a second marriage?
Most people go into marriage assuming that theirs will last, but there are times when divorce is the best solution. Second marriages are very common, but they bring with them issues related to blending families and estate planning. If you already had an estate plan in...
Ancillary probate: How to reduce costs for your family
Do you live in a Florida home for part of the year but have residency in another state? If so, the administration of your estate may become expensive and complex upon your death. Family members and your personal representative might have to pay additional fees and...
What recent laws went into effect in Florida to protect older citizens?
Florida governor Ron DeSantis has been busy signing many laws into effect to help protect and benefit the senior population in the state. The legislature has also worked hard to put forth bills that cater to a variety of issues impacting this segment of the...
Can an LLC for rental property protect you?
As a property owner renting to others, you run a business. As such, you have the option to form various business entities. One of those is a limited liability company. If you do nothing, the state and the law considers you a sole proprietorship, which means you and...
Why is time important for an executor?
As you choose someone to be the executor of your estate, you probably are thinking of the various qualities your pick should have. People want their executors to be loyal, ready to carry out their wishes, and also capable of handling the tasks of the position. In...