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How are cars treated when applying for Medicaid long term care benefits?
One of the most common issues with assets when completing a Medicaid plan and application for assisted living or nursing home benefits is how cars are counted. Are cars a countable asset? Or are they not countable like an applicant’s home? Like most issues with...
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Planning for Incapacity in Florida
Incapacity means not having the physical or mental ability to do certain tasks or make important decisions. For example, if you cannot physically go to the bank to do transactions that require you to appear in person, or if you cannot understand the transactions you...
Estate Planning for Younger Adults
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,...
What is a Trustee?
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...
Death of a Beneficiary
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;...
Why Should I hire an Attorney to Prepare for my Medicaid Application
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...
Do I Need to Do Probate?
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...