Florida Probate: Understanding the Process After a Loved One’s Death
Florida Probate: Dealing with a death is tough enough without having to navigate a complicated probate. Learn more about the Florida probate process today.
Florida Probate: Dealing with a death is tough enough without having to navigate a complicated probate. Learn more about the Florida probate process today.
If you are interested in opening a Florida probate, your Florida attorney will follow these initial steps to open the estate. Deposit Original Will If the decedent (the person that passed away) had a Will, the person that possesses the original Last Will either sends it to the attorney, or files it with the county …
Almost everyone knows what you mean when you mention estate planning. Even if they feel they don’t have much, they know they need a will. Maybe they even have a trust. After COVID, some people are even aware of documents such as healthcare directives and power of attorney. But if you ask the same people …
You may have heard about a friend needing to “spend down” their money to qualify for a long-term care facility. “Spending down” is a technical term attorneys use to describe how to qualify for Medicaid benefits. This blog will help explain what “spend down” means and why it may be an option you want to …
How to Spend Down to Get the Most Medicaid Coverage Read More »
What is a power of attorney? A power of attorney, usually abbreviated as “POA,” is a personal agent appointed by a principal to assist with the day-to-day financial affairs due to incapacity, inconvenience, or other reasons. In many cases, the agent acts alone on behalf of the principal when they are unable to do so. …
If you are considering a Medicaid plan in Florida, you may already know about a Qualified Income Trust. However, you may not know the details of how it can help you. We will discuss how Qualified Income Trusts help lower your income to qualify you for Medicaid benefits. What is a Qualified Income Trust? A …
Avoiding probate comes in many forms. One of those is by ensuring you create payable-on-death accounts with your financial institutions.
The step-up in basis reduces the capital gains tax on inherited assets. It is an effective way to preserve an inheritance and save money.
A properly drafted LLC may very likely avoid Florida probate. Many individuals use the limited liability company (“LLC’) to own rental property in Florida for asset protection and to limit personal liability. It is the favored entity for closely-held businesses and family investments. Many families see the LLC as a substitute to the irrevocable trust or …
Can an LLC Operating Agreement Avoid Florida Probate? Read More »