When you first work on an estate plan, you may not realize one important factor: your maintenance will last longer than the creation of the plan itself. After the initial creation of the plan, you will have to continually maintain it throughout your life. But when...
You work throughout your life to accumulate assets to (hopefully) pass on to your beneficiaries in Florida. Putting plans in place to avoid probate or settle liabilities prior to your death help to ensure the preservation of as many of those assets as possible. Yet...
Estate planning can be a burdensome task that you might rather avoid, but it is an essential part of preparing for the end of your life. Your will or trust ensures that your loved ones have everything they need after you pass. As you prepare your estate documents,...
Florida residents may qualify for Medicaid even if they have not yet turned 65. If you have a disability, however, you may apply for medical coverage regardless of age, as explained on the U.S. Government’s Benefits.gov website. If you currently care for a minor or a...
If a parent has asked you to serve as the executor for your parent’s estate, you should know that you will have to communicate with estate beneficiaries concerning the estate. A failure to keep heirs in the loop could cause them to suspect you are mishandling their...
When you decide to create an estate plan, it is important to create one with success in mind. You can do this by recognizing and knowing how to avoid some of the biggest mistakes others make when creating their own estate plans. You must first take basic steps to...
Preparing an estate plan may feel daunting. However, without a clear plan for what happens after you die, your family may face financial hardships. A comprehensive estate plan contains documents that may help you when you are at your most vulnerable. To protect...
The National Council on Aging reports that approximately 92% of elderly individuals suffer from at least one chronic illness, with 77% having at least two. According to the Administration for Community Living, 19% of older people aged 65 and up admitted to an...
As people age and enter their senior years, they may become vulnerable to different types of abuse; however, one type that is seldom reported is financial manipulation. According to the American Association of Retired Persons, fewer than 2% of these types of abuse...
While some special needs adults may be able to live independently, others may need more care. You should create a care plan for your child's adult life. Special needs adults all have different capabilities, and you need to make sure your plan takes your child's...
