5 Ways You Know You Need a Guardianship for Mom (or Dad)

Many adult children see that once their parents reach a certain age, their roles may reverse. The child may be taking care of the parent more and more. But when does the child know that it is time to take the drastic step of establishing a guardianship …


What Every Spouse Needs to Know About Inheriting IRAs

Inheriting an individual retirement account (IRA) can have some unforeseen pitfalls, and a few of the potential mistakes (and steps to avoid them) depend on if the beneficiary is a surviving spouse or another type of beneficiary. There are several solu …


4 Common Mistakes to Avoid During the Medicaid Planning Process

Most of us will eventually require nursing home care, and with a semi-private room in a Jacksonville nursing home costing an average of $252 per day, your savings can be quickly depleted to cover necessary care. To make matters even more difficult fina …


How Is Elder Law Different from Estate Planning?

The difference between elder law and estate planning is not well-understood. Although both areas address your changing personal and financial needs as your life unfolds, there is an important distinction between them: the goal of elder law is to preser …


Aretha Franklin’s Lack of a Will Could Cause Huge Problem

According to court documents, legendary singer Aretha Franklin did not have a will when she died, opening up her estate to public scrutiny and potential problems. Failing to create an estate plan can cause lots of headaches for heirs, in addition to un …


What to Expect When Someone Contests a Will

Generally, when you create your Will, the last thing that you want to happen is a dispute among your beneficiaries or those who were not included in the Will. When conflicts like that arise, it takes much longer to get through the distribution and prob …


3 Tools for Smart Retirement Planning

Although retirement and estate planning are often considered separately, they actually overlap quite a bit. You can use some of the same tools to help you retire comfortably as you should use for your estate planning. We have set out just a few example …


The Role of an Elder Law Attorney

Many clients have heard of “Elder Law,” but not many are aware what it is or how an elder law attorney can help them. The short answer is that elder law attorneys help their clients with later life legal problems. Just as older clients have unique fina …


Estate Planning Options: Leaving Assets to a “Troubled Heir”

Unfortunately, children may not always make the best decisions when it comes to their health, relationships, or finances. Although you may want to help your children through difficult times even after you pass, you may be worried about how your child w …


Long-Term Care Insurance — Reimbursement vs. Cash Indemnity Insurance – Which is Better?

Long-term care insurance benefits are pretty similar today – policyholders who can’t perform 2 of 6 activities of daily living or have cognitive impairment will get benefits that will pay for either care at home or in a care residence. Plans pay either …