by dev | Jul 28, 2015 | Blog, Estate Planning, Financing Long Term Care
We are often asked this question. The quick answer is that if your will is valid where it was drafted, it will be valid in Florida. So despite the popular belief that you need to update your documents when moving to Florida in order for them to be valid, you do not...
by dev | Jul 28, 2015 | Blog, Estate Planning, Financing Long Term Care, Medicaid, Veterans' Benefits
We have had the unfortunate situation with some married clients over the past year of finding that the revocable living trusts prepared in the past severely limited the possibility of asset protection planning when facing long term care. Many people have been sold...
by dev | Jul 10, 2015 | Estate Planning, Medicaid
As the end of the year approaches, many may be thinking about utilizing the $14,000 annual gift tax exclusion. The annual gift tax exclusion makes it possible to give money to any number of people without having to pay gift or estate taxes. Annual gifting to children...
by dev | Jul 10, 2015 | Estate Planning, Probate and Trust Administration
Many times clients have expressed to me that they have decided to not only name their most responsible child as Personal Representative or Trustee in their estate planning documents, that they have also titled assets in that responsible child’s name or left him as the...
by dev | Jul 10, 2015 | Estate Planning, Financial Products and Issues
In 2010, the long standing homestead law in Florida changed. The old law provided that (as long as there was no pre or post nuptial agreement waiving rights) a surviving spouse was entitled to at least a life estate in the home. For instance, if a married couple lived...
by dev | Jul 10, 2015 | Estate Planning
Have you thought about what happens to your pet when you die? Pet trusts can assure your pet’s well being. Many of us have pets who add joy to our lives. But what happens to them after you are gone? Who will take care of them as well as you did? Your children...
