by mikelins | Mar 20, 2020 | Elder Law, Estate Planning
Over the last several weeks, everyone has been impacted by the Corona virus (also called COVID-19). Most people have been in some degree of social distancing or isolation. Businesses have slowed or closed altogether. Healthcare providers are doing the best they can...
by mikelins | Mar 19, 2020 | Elder Law, Estate Planning
The term “Estate Planning” is used to describe the process of evaluating and planning for your needs and desires in the event of your (or if applicable, your spouse’s) death, disability, illness or incapacity. Estate planning seeks to take steps to protect those needs...
On behalf of Lins Law Group, P.A. | Nov 20, 2019 | Elder Law, Estate Planning
If you own an IRA account, you will usually name a person as beneficiary to receive the IRA at the time of your death. In most instances, the beneficiary can roll the IRA over into an IRA in the beneficiary’s name and also defer taxes by withdrawing the funds...
On behalf of Lins Law Group, P.A. | Nov 1, 2019 | Elder Law, Estate Planning
In our estate planning practice, clients often ask whether their adult children have a “right” to inherit in Florida. [this discussion is not addressing minor children–their rights can be different]. While the question is a simple one, the answer is...
On behalf of Lins Law Group, P.A. | Oct 17, 2019 | Elder Law, Probate
In Florida, there are two types of probate administration: formal and summary. Both accomplish essentially the same objective of allowing the distribution of a decedent’s assets. However, there are some significant differences between these two types of probate....
On behalf of Lins Law Group, P.A. | Sep 17, 2019 | Elder Law, Probate
Under Florida law, a spouse has the right to receive 30% of certain of his or her deceased spouse’s assets. This is true notwithstanding whether the deceased spouse has excluded his or her spouse under his or her Last Will and Testament or Trust. So if the...
On behalf of Lins Law Group, P.A. | Aug 19, 2019 | Elder Law, Estate Planning
In today’s era of on-line forms, office supply stores, and software, it is becoming increasingly more common for people to try to prepare their own estate planning documents. Whether it is a simple Durable Power of Attorney, a Living Will, a Last Will and...
On behalf of Lins Law Group, P.A. | Jul 10, 2019 | Elder Law, Probate
A common question which we encounter in our Florida estate and probate practice is whether a person’s estate will owe any money to Medicaid upon the person’s death. Usually the reason for their question is that the person has received Medicaid benefits...
On behalf of Lins Law Group, P.A. | Jul 5, 2019 | Elder Law, Probate
In our estate and probate practice, beneficiaries often ask whether they will have to pay taxes on assets that they inherit. The answer to this often depends on what type of asset is involved and whether there is a gain or a loss on the asset. When a person owns...
On behalf of Lins Law Group, P.A. | May 16, 2019 | Elder Law, Probate
More and more often these days, it seems that after a family member or loved one dies, those left behind are unhappy with the way the deceased’s estate is to be distributed through their Last Will and Testament. Often, the persons feel that their loved one has...
