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. […]
What is a POA and are they important? Read More »
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
Qualified Income Trusts and You Read More »
How to dispose of your assets in Florida through a Last Will.
How to Create a Simple Will Read More »
Avoiding probate comes in many forms. One of those is by ensuring you create payable-on-death accounts with your financial institutions.
The Importance of Making Your Accounts Payable-On-Death Read More »
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 Step-Up In Basis to Reduce Capital Gains Read More »
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 »
The eldercare coordinator would be appointed to handle family matters that impact an elder’s safety and autonomy.
The Eldercare Coordination Alternative to Guardianships Read More »
You can avoid a guardianship by having someone you trust to handle your personal affairs with a few estate planning documents.
How to Avoid a Guardianship Read More »
To become a professional guardian, you can be a natural person or a corporation as long as you are providing guardianship services. You must also meet the requirements to become a professional guardian.
Professional Guardians – Who are They and What do They Do? Read More »
Whatever it is, it sounds scary, doesn’t it? Learn more about it so you can avoid it if need be. But if you must have one, appoint someone now who will serve that role.
Five Things to Know About a Conservatorship Read More »
