4 Tips for Caring for Aging Florida Seniors During National Older Americans Month
Have you heard that the Administration for Community Living encourages everyone to celebrate National Older Americans Month every May? As spring is blossoming and people are participating in outdoor activities and engaging with others in their communities, it can be...
Paying For Nursing Home Care If Your Loved One Has Parkinson’s Disease
Did you know that Parkinson’s disease is a neurological disorder stemming from the gradual destruction of nerve cells in the particular part of the brain that impacts motor skills and coordinating muscle movement? Parkinson’s disease can be a stressful diagnosis...
The Spousal Lifetime Access Trust (SLAT)
Did you know that many, if not most, estate plans are designed to protect and transfer assets? For some high-net-worth individuals, there may be many kinds of trusts that can be used to transfer wealth to the next generation. One of those trusts is a Spousal Lifetime...
Arbitration Clause in Trust Agreements
Did you know that the Federal Arbitration Act in 1925 did not include enforcement of a mandatory arbitration clause in a will or trust document because, generally, arbitration clauses must be agreed to in writing by both parties, as in a contract? Usually, a person...
Three Reasons to Consider a Pet Trust in Your Estate Plan
When you hear the words “pet trust,” do stories of eccentric, wealthy, single people leaving fabulous gifts to their pets spring into your mind? In reality, a pet trust can be a wonderful idea for any pet owners who want to make sure that their pets are cared for in...
Tips for Helping Aging Loved Ones Master Technology
In order to age in place successfully, it may be essential for a senior to be able to engage with others and remain healthy and safe in his or her independent living situation. Have you considered that the right technology can support his or her ability to do that?...
Tips on Helping a Loved One Deal with Memory Loss
It may start with a parent forgetting food on the stove, until it sets the smoke alarm off. Perhaps, there are more benign signs, such as asking the same questions over and over. Either way, realizing a parent, or other loved one, may be dealing with memory loss can...
Why You Need To Update Your Estate Plan If You Separate From Your Spouse
Have you considered that being married to someone can give them a substantial amount of rights in many aspects of your life? It can be important to remember this, especially if you may be separated from your spouse and not yet divorced. Your spouse can inherit your...
Three Common Mistakes Made When Trying To Avoid Probate
Are you considering ways to avoid probate? Many people want to avoid probate for a variety of reasons. Probate can be expensive. Probate is public. Probate takes time. Probate can be a headache. There are a variety of estate planning strategies that can help you...
Potential Tax Changes that Could Impact Your Estate Planning
Were you aware that, before he was elected, President Biden campaigned on a promise to lower the estate tax exemption limit, and to consider abolishing the step-up in basis for capital gains tax? While it can be difficult to predict when these matters will be...