Important Considerations to Help Florida Seniors During Older Americans Month

Important Considerations to Help Florida Seniors During Older Americans Month

Did you know that May is National Older Americans Month? Communities, families and loved ones are encouraged to get involved in learning about the issues that our Older Americans face as they age. Do you have an older loved one in your family? Do you have neighbors who are older? This month think about how you could help the elders in your life by reading the following. 1. Consider grocery shopping and meal planning for an Older American. You...
Why Your Parents Need a Durable Power of Attorney

Why Your Parents Need a Durable Power of Attorney

Do you know if your parents have created an estate plan, including a durable power of attorney? Right now is the perfect time for this question. Even though your parents are healthy now, what would happen if one or both of them were to suddenly become incapacitated? For example, one or both might lose their mental or physical capacity due to an accident, a sudden decline in health, or the inevitable factors that come as they age. Be aware that...
How to Establish a Third Party Special Needs Trust for a Disabled Grandchild

How to Establish a Third Party Special Needs Trust for a Disabled Grandchild

Do you have a grandchild with a disability? Are you planning to leave enough funds for your disabled grandchild so that he or she will be protected during his or her lifetime? Be aware, though, that you could possibly jeopardize his or her continued receipt of important government benefits. Is there anything you can do? Absolutely! By planning with your Florida qualified estate planning attorney, you can create a third party special needs...
3 Reasons Why Most Trusts Will Fail

3 Reasons Why Most Trusts Will Fail

Are you considering adding trusts to your estate plan? Are you familiar with what a trust can do for your estate plan, but also what you must do as well? First, a trust is a legal document that identifies the purpose of the trust, the trustee of the trust and his or her powers, the beneficiaries of the trust, and the requirements for distributing the trust assets to the beneficiaries. Secondly, the trustor must fund or place into the trust his...
Do You Know What Happens If You Do Not Have A Last Will and Testament or Other Estate Plan?

Do You Know What Happens If You Do Not Have A Last Will and Testament or Other Estate Plan?

As a Florida senior adult, enjoying life in the Sunshine State, do you have an estate plan in place? Did you know that research tells us that less than 50% of all Americans have an estate plan or even a will. We want you to know that without an estate plan in place your family may face difficulty after you pass away, including sorting out your assets and any debts you may have. In regard to estate planning, no matter how big or how small,...
Why it is Important to Create a Loving Legacy for Your Children This Valentine’s Day

Why it is Important to Create a Loving Legacy for Your Children This Valentine’s Day

Are you trying to find a card or gift for your older adult children for Valentine’s Day? Do you find it harder as the years go by? How do you say “I love you” as your children age? Do they have concerns now or for the future, do any of those concerns include you, as parents? With thoughts of showing our love during the month of February and the entire year, we would like to share a few ways that you can show your love for your family. You can...