Brandon Trusts and estates lawyers regularly battle the misconception that estate planning is something that only wealthy people need to do. People may hear about “trust funds” and “estate taxes,” and falsely believe these things only apply to the super-rich. Unfortunately, these folks often end up costing their heirs considerable time and money because they didn’t realize that these terms applied to them, too.
Marriage has its financial advantages, particularly when it comes to taxes, but also when it comes to inheriting assets. In most jurisdictions, marriage partners have certain rights such as the ability for property to be transferred to the spouse upon death without having to go through probate.
It’s no secret that caregivers of individuals with special needs have a difficult and demanding job that can result in exhaustion and burn-out. This is why Florida special needs planning attorneys often advise clients to look into their options for respite care and adult day care, since it gives caregivers a chance to relax, refresh, and recharge – meaning they’ll be better able to care for their loved ones.
Healthcare worker interested in health elderly man Elder abuse is a serious problem that occurs in care facilities and inside and outside of the home and is perpetrated by professional caregivers, con artists, and sometimes even family members. Brandon elder law attorneys want people to be aware of the signs of elder abuse and to [...]
As a Special Needs and Estate Planning attorney and as a mother, I work empathetically with parents all the time to make sure their minor children will be protected in case of incapacity or the death of one or both of the parents. At the Law Offices of Laurie Ohall P.A., one of the ways [...]
Important Information for All Seniors and Patients in Florida: Retroactive Approval for Medicaid Will Be Eliminated Effective February 1st!
The state of Florida is changing the rules that dictate when Medicaid benefits must be applied for while eliminating retroactive coverage that was once available for sick or disabled individuals facing healthcare challenges with limited means. Starting February 1, 2018, Florida will no longer allow patients to receive three months of retroactive coverage for Medicaid. [...]
Have Family Heirlooms in Your Possession? Plan to Include Them in Your Will and Trust to Avoid Squabbles When You Are Gone.
The holidays are upon us, and many of us are blessed to have families that gather to celebrate. As you sit with your family this season, think about the traditions that have been passed down from generation to generation. Many of these traditions involve material possessions such as your grandmother’s china that you use for [...]
As a Tampa estate planning attorney, I get this question a lot! Although it may seem like one that’s easy to answer, when it comes to the creation of estate planning documents, my answer always is… “It depends.” Estate planning is rarely something that fits neatly into the “one-size-fits-all” category. Every family has different needs [...]
Tampa Trust and Estates Lawyer Answers, “What Happens If I Receive an Inheritance During Bankruptcy?”
For some families, bankruptcy is the only way out from living under a mountain of debt. Filing for bankruptcy is a not a decision most people enter into lightly as the process can have a number of long-term and severe consequences. One such consequence that tends to go overlooked is the possibility that a [...]
It is extremely important to get the details of your life insurance policy correct. While this may seem like a “no-brainer,” many well-meaning policyholders make mistakes that end up hurting the people they love. Read on to learn about the 5 most common errors people make when naming life insurance beneficiaries and how to [...]