Recent Blog Posts
How to Choose the Right Executor of Your Will
Making a will is an important part of estate planning. One of the things that you need to decide is who you want to be the executor of your will. If you choose a person as opposed to a law firm or other entity, you will also want to have an alternate in case… Read More »
What Are Advance Directives?
As we get older there are a lot of things that we need to start considering. One thing that we need to make sure we have completed are our advance directives. People of all ages should complete their advance directives and make them available for their loved ones and medical professionals, but this becomes… Read More »
Protecting your Assets when a Spouse Needs Long-term Care
When a loved one is ill, there are a lot of concerns. Is she getting good care? How will we pay for the care? What happens if he cannot come home? Among the concerns that trouble people the most is the fear that the cost of long-term care will exceed one’s financial resources. In… Read More »
How Everyday People Can Maximize the Benefits of Life Insurance
If you are like most Americans, your heirs are probably not going to be greeted by a bank president upon your death. They may not inherit billions of dollars in an offshore trust. However, trusts are not just for the wealthy. There are some clever tricks that everyday people can use to ensure their… Read More »
Using Trusts to Provide for Minor Children and Disabled Adults
Most people worry about providing for their children after death. Wills and trusts offer unique vehicles through which people can provide financial security for future generations. However, for those with disabled adult children or minor children, there is the added concern about who will care for those children and how. Some of the big… Read More »
Why Having an Estate Plan is Not Enough: The Top 3 Things You can do to Protect Yourself and Your Heirs
From Anna Nicole Smith to Archie Bunker, there have been dozens of high profile celebrity probate disputes in the past two decades. Many of these legal battles center around abuse, neglect, or poorly drafted legal instruments. Often, these cases also involve nontraditional family arrangements and late life marriages. When Anna Nicole, 26, married J…. Read More »
Spendthrift Trusts not Just for the Wealthy
Research tends to show that people who come into large sums of money often burn through it pretty quickly. Consider these examples of people who won millions only to have their lives completely deteriorate. From drugs and lavish lifestyles to reckless gambling and ruined marriages, new money can be a very dangerous thing to… Read More »
Medicare Changes May Lead More Seniors to Stay at Home
Nationwide, there is a growing movement among state legislatures to push for reforms aimed at keeping seniors out of nursing homes. This push comes from a lot of places. For some, concerns about abuse and neglect make people avoid admission as long as possible. Others simply feel dehumanized by being taken out of their… Read More »
What is Florida’s Medically Needy Program, and How Does it Work?
With the implementation of the Affordable Care Act, many states have enacted laws expanding Medicaid coverage by offering insurance to more people than were previously eligible. However, not all states participate in Medicaid expansion. Florida remains one of several states that have opted out of expansion; therefore, it is very difficult for adults to… Read More »
March 8, 2016 Government Report Warns of Looming Drug Price Increases
With the 2016 elections well under way, many older adults are wondering how the candidates will shape the future of Medicare, Social Security, and other programs that help seniors. And while the future of health care in America may not be certain, one definitely is going to change – drug prices. The 2016 report… Read More »
