When someone we care about passes away and leaves behind assets, their estate must be settled. This process is known as probate and while most people want the process to be done ASAP, probate can take anywhere from 18 and 24 months. It’s no surprise that this time delay can cause a great deal of […]
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In such a busy world it is easy to delay on important matters but if something unexpected happens, you do not want to be left with regret. Let’s face it, not creating important documents such as a Living Will or a Will in advance is the same as denying yourself a voice and denying your wishes […]
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What is a Florida Durable Power of Attorney? A Durable Power of Attorney is one of the most important estate planning documents that you will ever sign. It allows you to designate someone (known as an “Agent” or an “Attorney-In-Fact”), who can legally act on your behalf. The Power of Attorney remains in effect during […]
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When you pass away, your family may need to initiate court proceedings in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic form of planning, a will does not avoid […]
read moreWhen devising a plan for your future it is important to understand the differences between Medicare and Medicaid. It is also equally essential to understand how they work together. What is Medicare? Medicare is a federally funded program that provides healthcare coverage to individuals who are 65 and over, or younger people with certain disabilities. […]
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The executor of a will, also known as the personal representative, has certain responsibilities during the probate process. The individual drafting a will is the person who names the executor. The executor’s most important duty is to ensure that a decedent’s will is administered properly and that assets are distributed in accordance with the will’s […]
read moreA lot of the news recently has revolved around different forms of cryptocurrency such as “Bitcoin”, “Ethereum”, and even a popular form of Bitcoin called “Dodgecoin.” Just a few months algo, El Salvador made headlines when it announced it would allow cryptocurrency as a form of payment. Cryptocurrency is quickly gaining popularity among investors and […]
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In estate planning circles, the word “probate” often comes with a negative connotation. For many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the probate system was actually established to protect the property of the deceased and their heirs, and […]
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It feels like our children grow up way too quickly, and this reality hits us the hardest when they turn 18 and become legally recognized adults. Seeing them leave for college and live without you is difficult for many parents. How they will handle making important financial and healthcare decisions without you is a frequent […]
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You never know when a health care crisis may happen and no one wants to imagine the possibility of becoming sick, hurt or otherwise incapable of making your own medical decisions. Yet, it’s important to determine who you would want to make decisions for you if you’re unable to make them yourself. Legal documents exist […]
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