Understanding the Risks of Frequent Gifting By Navigating Its Impact on Long-Term Care Planning

Understanding the Risks of Frequent Gifting By Navigating Its Impact on Long-Term Care Planning

Gifting assets to family and friends is a common practice, especially as individuals plan for the future distribution of their estate. When it comes to eligibility for public benefits like Medicaid, however, frequent gifting can present significant risks and complications. Specifically, we want to share with you how gifts made within the past five years, or sixty months, can impact long-term care planning as well as how working with an elder...
5 Tips You Can Use for Caring for Aging Florida Seniors During National Elder Law Month

5 Tips You Can Use for Caring for Aging Florida Seniors During National Elder Law Month

May is National Elder Law Month, a time dedicated to focusing on the legal issues and challenges that aging adults encounter and how to support them effectively. In Florida, where there is a significant senior population, understanding how to care for aging individuals is crucial. Let us share five essential tips to help provide better care and ensure the legal protection of aging family members in Florida. 1. Understand Florida-specific estate...
Will the New Corporate Transparency Act Impact You and Your Business?

Will the New Corporate Transparency Act Impact You and Your Business?

Navigating the evolving legal landscape presents challenges for businesses today, especially with the introduction of new regulations like the Corporate Transparency Act (CTA). This significant legislative change requires certain businesses to report ownership information, with the goal to combat financial crimes. We know you may have questions and our blog post right here delves into the CTA, its objectives, and its potential impact on...
7 Ways You Can Give the Gift of Florida Estate Planning This Valentine’s Day

7 Ways You Can Give the Gift of Florida Estate Planning This Valentine’s Day

In the spirit of Valentine’s Day, and throughout the year, we often find ourselves reflecting on our love for our family and contemplate the most meaningful ways to articulate our sentiments. Traditionally, this season of love is adorned with bouquets, candy, and heartfelt gifts that aim to capture the essence of our feelings. Yet, while these tokens hold a cherished space within our celebratory traditions, there lies an extraordinary...
What Should Be at the Top of Your Estate Planning Checklist in the New Year

What Should Be at the Top of Your Estate Planning Checklist in the New Year

Have you given thought, in the New Year, to updating or creating your Florida estate plan? Why? Because in Florida there may be specific state laws that could seriously impact your estate planning. It is our goal in our Florida estate planning law office to assist our clients in reaching their estate planning goals. We have eight tips and strategies that we recommend being at the top of your Florida estate planning checklist. We know that by...