Month: January 2015

A Special Needs Trust is an irrevocable trust that is set up to provide for certain needs of a disabled person. The trust may supplement the person's needs but may not duplicate those needs provided by governmental disability programs such as SSI and Medicaid. ...

Section 732.402 Fla. Stat. sets forth provisions for determining what assets comprise exempt property under the estate of a deceased person. If a decedent was domiciled in Florida at the time of death, the surviving spouse, or, if there is no surviving spouse, the...

As discussed in a prior blog entry, an Enhanced Life Estate Deed is a type of deed which provides the grantor with certain rights during life, with the remaining interest to go to a named person at the grantor's death. This can be a helpful estate planning tool....

An Enhanced Life-Estate Deed is a type of deed used in estate planning which provides the grantor with certain rights during life, with the remaining interest to go to a named person at the grantor's death. In some states other than Florida, this type of deed is...

When clients ask about setting up a Living Trust (also known as a Revocable Trust), they often want to know if the Trust protects against the claims of a creditor. The answer, like many things in the law, is that "it depends." For the most part, a Living Trust is...

To many persons, their dog, cat or other pet is like part of the family. More and more, people desire to make arrangements for the care of their pet through their estate plan. A trust can be set up through which the pet's needs can be addressed. Under traditional...

As with most questions under the law, the decision whether a person should leave an inheritance to a disabled beneficiary is that "it depends." However, in most instances, if a beneficiary is disabled or incapacitated, you should consider whether a special needs trust...