by Patrick Quarles | May 24, 2021 | Estate Planning
Most people assume estate planning is a task you can put off until your later years. However, even the young, healthy, and not so wealthy can benefit from estate planning. Although it may not be crucial for young adults to use every estate planning tool in the book,...
by Patrick Quarles | Apr 19, 2021 | Estate Planning, Uncategorized
Florida Trusts can serve many purposes, but they all have one thing in common: Every trust must have someone named as its trustee. A trustee is someone who is appointed by the settlor (creator of the trust) to have the legal authority to hold and administer the...
by Patrick Quarles | Apr 13, 2021 | Estate Planning, Formal Administration, Probate Administration
When creating a will, the testator (the person who creates the will) names one or more beneficiaries to receive their property upon their death. Beneficiaries are usually assigned with the assumption they will live long enough to obtain the testator’s property;...
by Patrick Quarles | Apr 6, 2021 | Medicaid Planning
I’ve had many conversations with families on the pros and cons of Medicaid. Many families feel that the Medicaid process is too stressful or do not understand how it will benefit their loved ones. This is especially true with Medicaid because of the specialized...
by Patrick Quarles | Mar 29, 2021 | Probate Administration, Summary Administration
As probate professionals, people reach out to us when they are not sure how to take the first step after losing a loved one. Sometimes they have only a partial understanding of their loved one’s financial situation. A few cases have been with people who were managing...
