There are many critical aspects involved in the estate planning process. You have to draft a will and health care directives and proxies. You must appoint a guardian for minor children, draft a financial power of attorney and complete beneficiary designation forms. Many individuals who come to learn more about the estate planning process, including […]
Maybe you see your parents only a couple of times a year. During your last visit, you were shocked at how much mental and physical ground they seemed to have lost since your last visit. Alternatively, if you live closer to them, you might have a much clearer picture of the day-to-day struggles they have […]
Many individuals understand the importance of engaging in estate planning, yet many put off doing so until later in life. It becomes increasingly important for individuals nearing the age at which they can receive Medicaid benefits. Individuals who don’t engage in Medicaid planning as they age put themselves at risk of losing access to these […]
Older adults often become dependent in a manner similar to the dependency of children. They may have lost both the physical ability and the mental acuity to live independently. They require support, if not outright care. Family members worried about the effects of aging on parents or other older loved ones may eventually have to […]
Florida family law judges apply the equitable distribution doctrine when dividing marital property in a divorce. All this means is that family law courts divide marital property in a way that is fair to both spouses in a divorce. Contrary to popular belief, the equitable distribution method does not always result in an equal split. […]
Alimony is an important protection for some people going through divorce. The goal of obtaining this support may be to have a better quality of life following the divorce or to bridge the gap, so to speak, until the person is able to advance their career, complete an educational program or otherwise secure their living […]
Family dynamics are often complicated (if not outright messy), and there’s nothing like the death of a loved one to cause serious fractures in even otherwise steady relationships. While nobody really likes to contemplate their own mortality — and conversations about death are never easy — there are some very smart reasons you should sit […]
Divorce takes a considerable amount of preparation. If your spouse is better prepared than you are, they could hold an advantage in divorce negotiations. Your spouse may be secretly preparing for divorce One way they could gain the upper hand is by delaying telling you they want a divorce. Then, once they have done all […]
You might have heard the term “probate” and not be entirely sure what it means for you and your estate plans. When you have a will in place, many of your assets must pass through probate. This can be a long and costly process. In fact, the longer it takes, the more costly it can […]
Some people take a relaxed approach to estate planning. Others assume that they don’t have enough assets to warrant a comprehensive will. In fact, everyone benefits by making plans and setting specific guidelines for what happens after they pass on. Creating and maintaining a will not only protects your loved ones and determines how your […]
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