Many individuals want to avoid probate, and therefore they create a trust and appoint a family member to handle their estate upon their death. However, many of the family members who are appointed have no idea how to handle a trust administration and fail to...
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Government Aid for Seniors
Government Aid for Seniors As aging adults become older, it gets harder to take care of the bills, stay healthy, and eat nutritious foods. Thankfully, government programs are available to help many elderly. While various programs can help senior citizens with tight...
Will your beneficiary resent their spendthrift trust?
You worked hard all your life and amassed a decent estate to leave to your heirs and beneficiaries. Yet, you have some real concerns about one of your heirs. You love them dearly and want to provide for them after you’re gone. But one heir is quite ill-suited to...
How to handle a co-parent who’s combative
Parents who split up still have to work together to make sure that their children still have the care they need. Co-parenting is one model for doing this. It enables both parents to be very involved with their children regularly. They become a team that shares the...
Medicaid planning ensures you can get benefits when you need them
Most people hope to avoid living in a nursing home when they get older, but it is a necessity for many. Requiring around-the-clock care because of medical conditions and even simple mobility restrictions often means that people eventually give up their independent...
Why avoiding probate may be a good idea
If you pass on and leave a will dictating how you would like your estate to be distributed, someone has to deposit the will and probate. Probate is a court process that approves the will and makes sure that your wishes are carried out. However, it is sometimes best...
Beneficiaries, contingent beneficiaries and heirs: What are they?
You want to get your estate plan in order, but you’re finding a few things confusing. What exactly is the difference between a beneficiary, a contingent beneficiary and an heir? Does the exact word that’s used really matter? Absolutely. Before you put your plans in...
Who will make your medical decisions if you can’t make them?
Without an advanced directive, you are the only one who can make medical decisions for yourself. You have a right to make these choices, based on recommendations from your doctor. However, what if something happens and you can’t communicate with the doctor or...
Have you considered these points in child custody?
Child custody is one of the more complicated points associated with getting divorced that spouses must work through. The tension that comes with this type of split often makes it difficult for spouses to agree on what needs to happen. Parents must ensure that they're...
Florida will expect your estate to repay Medicaid benefits
Medicaid is a very important benefit program for those with significant medical needs and need long term care. Many people who expect to depend on Medicare in their golden years actually end up needing Medicaid benefits instead. Medicare, the insurance program...