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...
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...
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...
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...
If you anticipate that someday you or a family member will need coverage for costs such as nursing home expenses, you should take a look at your income. You may not earn enough to pay for your long term care but your income is too high to qualify for Medicaid. This...
Although you might not realize it, you need an estate plan. This plan covers everything from your long-term care to what you want to happen after you die. Unfortunately, there are a lot of myths that surround this process. Only the ultra-rich need an estate plan You...
If you are the personal representative of your loved one's estate, there are many issues you need to take into consideration. You likely need to think about the distribution of assets among beneficiaries and could have to take other inheritance-related matters into...
Losing a loved one in Florida is rarely easy, yet for the impacted by such a loss, the decedent's passing typically brings some degree of finality. They view their family member or friend's death as the end of their physical suffering, and as offering them the chance...
When dealing with an elderly loved one, you have extra hurdles and potential obstacles to handle if they have memory issues. This is even more true if any members of your family or loved ones might take advantage of it to meet their own goals. Still, if an individual...
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...
