As parents get older, making normal decisions becomes more difficult for them. You may consider writing a will for them or creating a power of attorney. In Florida and other states, there is the additional option of becoming the guardian of an elderly parent and...
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Differences between conservatorships and guardianships
Conservatorships and guardianships are created to provide services for people who cannot take care of themselves because of mental or physical deficiencies. The Florida court system intervenes to choose a conservator or guardian who is usually a family member or close...
How to Restructure Your Assets to Qualify for Medicaid
Many families in Florida must shift ownership of their assets when the time comes for moving to a nursing facility for whatever health reason. Medicare insurance does not cover nursing facility costs, which leaves Florida residents with only the options of private...
How and when Medicaid can pay for a nursing home
Medicaid is a healthcare assistance program for individuals and families with low incomes. Their eligible recipients include elderly and disabled populations. Retired seniors rely on Medicaid to pay for their nursing home fees. Medicaid has rules and restrictions as...
When to update your estate plan
Florida residents who have an estate plan should not assume that it will never need to be revised. There are certain situations that warrant updating one or more of its components. You’ve gotten married or remarried If you have recently gotten married, you will want...
What delays probate in Florida?
The average probate in Florida takes six to nine months for a large estate. Under certain circumstances, it could take longer. Small estates that are under $75,000 and don't owe debts could be wrapped up in as fast as one month. More than one will A mistake that some...
How much does a guardianship cost in Florida
Sometimes Florida courts will appoint guardians when an individual isn’t able to take care of themselves anymore. This can be due to a decline in mental facilities or because of a life-altering accident or injury. A guardian will oversee the general care of the...
How to avoid ancillary probate in Florida
If you are a non-resident of Florida but own property in the state, you need to understand how ancillary probate works and how to avoid it. This can be an expensive and time-consuming process that you don't wish for your beneficiaries to experience. Here are some tips...
Navigating Medicare when working after retirement
If you've decided to return to work after retirement and you're currently on Medicare, you may be able to choose to drop your Medicare coverage and use your employer's health plan. This option allows you to re-enroll in Medicare down the road according to elder law....
Having the estate planning conversation in Florida
Estate planning is something that many people put off until it's too late. It's important to have estate planning conversations with your loved ones while you're still able to make decisions for yourself. The question is how should you begin the conversation? Come up...