As people age, they often end up more susceptible to the manipulative schemes of others due to the mental struggles that often accompany growing older. This is why it is important for the loved ones of elderly individuals to understand the undue influence, so they can...
Jacksonville Estate Planning And Elder Law Blog
How a customized estate plan protects assets
Making wise financial moves helps you retain more of your assets. This principle holds no matter where you fall on the age spectrum. A customized and comprehensive estate plan can protect your assets from the unpredictable nature of markets and personal upheavals. The...
How do guardianships work in Florida?
When someone you love in Florida is or becomes unable to manage his or her own finances and other personal affairs, you may start exploring your options and trying to figure out how to help protect this person’s safety and property. You may have several options...
Can a trust protect your money?
The money you worked hard to accumulate may hurt you as you age. If you do not implement a sound asset protection plan, Medicare and others may use your net worth against you. Asset protection ensures that your property and assets do not count against you should you...
Lonely seniors are vulnerable to undue influence
If you have an elderly relative living in a nursing home, you may want to increase your visits and phone calls. After all, according to AARP, 43% of older Americans struggle with loneliness and isolation. This loneliness can quicken the onset of dementia and lead to...
3 bad reasons to put off writing your advance directive
Medicine has made incredible advancements in recent decades. Unlike in the past, doctors now have a variety of options for treating many maladies. They even may be able to bring you back to life after you suffer a major cardiac or pulmonary event. You should have some...
3 elements to include in a simple estate plan
When you die without creating a Florida estate plan, you relinquish a good deal of control over your personal affairs. Should you suffer incapacitation before your death and do not have certain plans in place, you again relinquish control over yourself in the medical...
How may eligibility for Medicaid affect my estate plans?
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...
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...