Attorney Lori Vella

Piggy bank breaking for Medicaid spend down

How to Spend Down to Get the Most Medicaid Coverage

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 …

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Power of Attorney

What is a POA and are they important?

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. …

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picture of person at computer

Can an LLC Operating Agreement Avoid Florida Probate?

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 …

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