While nursing home care can be as short as a few days or a week post-hospitalization, most of the time, it is years in the case of elderly family members who can no longer live on their own. If you’re currently looking for a suitable long-term care facility for...
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Elder Law
Have scammers targeted your elderly relatives?
Financial crimes are a significant problem in the U.S., with millions of reported cases each year. These crimes target various demographics, including the elderly. In fact, certain types of scams specifically isolate elderly individuals because of the assumption that...
3 options for covering the costs of long-term care in Florida
While you may hope to remain healthy for a long time as you age, there is no way of knowing what may happen in the future. Some older adults eventually need to move into nursing home facilities. When they do, they can expect to incur major expenses as a result. A...
When Probate is NOT Required in Florida
When a Florida resident dies, one of the first steps which needs to be accomplished is to determine whether the decedent’s assets will need to go through probate. This article briefly discusses situations where probate does NOT apply. 1. Assets with a beneficiary or...
Is your elderly relative struggling with money management?
Your parents have managed their money since early adulthood. Over the years, they’ve made significant purchases and even run their own companies. You’re used to them being independent, and that’s what they are used to as well. Unfortunately, age is something that...
How can you avoid probate in Florida?
In Florida, probate is a court proceeding where the estate of a deceased person is administered and distributed to the decedent’s beneficiaries. Typically, filing probate involves hiring an attorney who prepares certain required paperwork which is then signed and...
Aging alone may compromise your wishes in a medical emergency
Aging alone is not a new phenomenon but is much more prevalent today than it was several decades ago. More people than ever never get married, and many who do decide not to have children. Other times, someone ends up alone due to the death of a spouse or family...
Six Essential Estate Planning Documents You Should Have
In most Florida estate plans, there are six essential documents which you should have in place. These include the following: Last Will and Testament. This document allows you to appoint a Personal Representative to oversee your probate estate and to designate your...
Affidavit of Agent under a Durable Power of Attorney
A Durable Power of Attorney (“DPOA”) names you as agent or attorney-in-fact to act for the person who executed the DPOA (the “Principal”). You go into a bank intending to transact some business on behalf of the Principal and when you present the DPOA, you are told...
What makes a Durable Power of Attorney “Durable?”
In our estate planning practice, we regularly have clients sign a document titled “Durable Power of Attorney.” So, what is a Durable Power of Attorney? First and foremost, as a Power of Attorney, it is a legal instrument which a person, the principal, can sign...