Blog
How Long Will Probate Take?
The normal typical formal administration probate, the type that most people go through here in the state of Florida typically takes 11 to 14 months from the time you open the probate until the time the assets are distributed to the beneficiaries and you're ready to...
Should I Still Contact an Attorney if I Did Some Estate Planning with a Financial Advisor?
Yes, I think you most definitely still need to talk to an estate planning attorney. Financial planners look at things through a different prism than estate planning attorneys will. We'll look at things from a more comprehensive position for what's going on with the...
I Made a Will in Another State,Now I Live in Florida. What Should I Do?
The simple answer to that question is, "Do another one here in the State of Florida." If you pass away here in Florida, and you have a will from another state, and we submit that for probate, the Florida Probate Court doesn't know if that's a good and valid will...
If I am Already in a Nursing Home, Is It Too Late to Apply for Medicaid?
No it's not too late to Medicaid plan, you're never gonna give away assets because that's gonna create periods of ineligibility which is gonna create problems. All the same planning tools and techniques that we can do before somebody goes into a nursing home we can do...
If I Create a Revocable Living Trust, Do I Still Need a Will?
Yes, and the document says last will and testament but it's commonly referred to as a pour-over will. It's kind of like a whoops, if on the day that I die, I own assets that are not in my trust or they haven't been funded or retitled in your trust, then the will...
If my Spouse is Going Int a Nursing Home, Can he Transfer all His Assets?
Yes, there is no look-back time period when you're transferring assets from one spouse to the other. I know it's not romantic or sexy, but spouses are looked at as one unity, one entity. So then the question becomes, are you above or bellow what the threshold is to be...
Can a Spouse Transfer Their Assets to Qualify for Medicaid?
Yes, there is no lookback time period when you're transferring assets from one spouse to the other. I know it's not romantic or sexy, but spouses are looked at as one unity, one entity. So then the question becomes, are you above or bellow what the threshold is to be...
I Heard Medicaid Can Take Our House for Reimbursement, Is That True?
If the Medicaid planning process is done properly, no they will not be able to take your Homestead property. Homestead here in Florida is exempt from creditor's claims and from the Medicaid estate recovery department when you pass. If you have more questions regarding...
In a Power of Attorney, Who is the Agent and Who is the Principle?
In a power of attorney the principal is the person signing the document so they're the one giving the power. The agent is the person you nominate inside there, the person who will act on your behalf. So if I was to create a power of attorney and I named my daughter, I...
Is an Agent Acting as my Power of Attorney Required to Disclose Receipts Disbursements and Transactions?
Surprisingly the answer to this question is, no. The agent is not required to release that information unless the principal requests it from the agent, unless the court orders the agent to turn the information over, or the principal dies and the personal...