Preparing a power of attorney could be an essential step in a comprehensive estate plan. By establishing a trusted person as an attorney-in-fact, a grantor gives that person personal representative authority under Florida law. The agent may handle many affairs on...
Month: August 2021
Medicaid spend-down strategies
Many times Florida residents with even moderate wealth will need to adjust their estate plan in order to qualify for Medicaid insurance. Medicaid is a total payment insurance system operated by the U.S. government and will accept claims from nursing homes for people...
Does your estate plan need a checkup?
Many changes occur in life in Florida as time goes by. For example, your child can have a child, federal or state laws can change, you may have bought something valuable like a watch, jewelry, or house, or the value of your stocks may have changed. If anything...
What are your duties as a guardian of an elderly parent?
As your parents get older, properly caring for themselves can become quite difficult. Considering that, you might want to become their guardian in Florida. After successfully filing a guardianship petition and getting it approved, you can enter into the important role...