by Kelly Alexander | Sep 21, 2022 | Blog, Estate Planning, Guardianship, Probate and Trust Administration, Trusts
A client asked me this question this week. As usual, the answer is “It depends.” Everyone’s legal, health and financial situation is a little different. Some factors it can depend on will be discussed below. But the first question is: What do you want to...
by Kelly Alexander | Aug 26, 2022 | Blog, Medicaid, Trusts
If you or a loved one needs long term care, you might have to rely on the Medicaid program to pay for most of the cost of that care. Since nursing home care on average costs over $10,000 per month in Florida, most people do not have enough income to pay that without...
by Kelly Alexander | Aug 5, 2022 | Blog, End of Life Planning, Estate Planning, Probate and Trust Administration, Trusts
In Florida, inheritance rights of children in an estate depend on whether the decedent left a will. If there is a will, it will be clearly stated how much each child should inherit. In many cases, this is a straightforward process. For example, one may state that...
by Jill Burzynski | Jun 3, 2021 | Blog, Estate Planning, News Article, Trusts
Often we have clients who express that they are in close contact with most of their children, but feel they want to disinherit an adult child due to estrangement. They may not have spoken with this child in years. Sometimes our client is not even sure where their...
by Jill Burzynski | May 21, 2021 | Blog, Estate Planning, Trusts
Sometimes clients tell me they will not need to sign a Will. They believe they have taken care of asset transfers after death by adding their children to their bank accounts. They may even have added a child’s name to the title of their homestead by signing a...
by Jill Burzynski | Mar 27, 2021 | Blog, News Article, Probate and Trust Administration, Trusts
I recently had a client who wondered if he could make changes to his irrevocable trust. In Florida, the answer is “maybe”. People make irrevocable trust for many reasons, one mayor reason being tax and benefits planning. In order to make a completed gift for tax...