by dev | Jul 10, 2015 | Estate Planning, Financial Products and Issues
Elderly parents often put their children’s names on accounts because they want their children to be able to pay their bills if they can’t, and so the account goes to the child upon their death. However, joint ownership is seldom the best tool for...
by dev | Jul 10, 2015 | Estate Planning
A client that I had not seen for several years called me the other day wanting to add a newborn grandchild to her estate planning. I told the client that I would need updated financial information in order to revise her estate planning documents. The client was...
by dev | Jul 10, 2015 | Estate Planning
Blended families are families where one or both spouses have children by a previous marriage. Typically, parties want to provide for each other and also for their children of prior marriages. The situation becomes even more interesting when the children are...
by dev | Jul 10, 2015 | Alzheimers and Dementia, Estate Planning
Among the new laws which the Florida legislature passed this session were substantial changes to the Durable Power of Attorney Statute. A durable power of attorney (DPOA) is a document in which you appoint someone to legally act on your behalf. The new law takes...
by dev | Jul 10, 2015 | Estate Planning, Probate and Trust Administration
Many people believe that probate is something that should be avoided in all cases. When asked why probate should be avoided, people often express that probate will be a very expensive and time consuming process. These perceptions are not necessarily true. The efforts...
by dev | Jul 10, 2015 | End of Life Planning, Estate Planning, Financial Products and Issues, Financing Long Term Care, Health Care Advocacy
Dear Jill: I am 85 years old. I am married and have no children. What are my options for end-of-life care? Thank you, Margret Dear Margret: When considering end-of-life options for our clients, a number of factors must be considered. It is critical that you receive...
