Tag: estate planning

What You Need to Know About the ABLE Act

How much do you know about the Achieving a Better Life Experience, or ABLE, Act? The ABLE Act was signed into federal law in 2014, and adopted by Florida Governor Rick Scott in 2015. The Act permits eligible individuals and their families to create a tax-exempt savings account that allows for disbursements of tax-free funds

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Legal-EASE: What’s the Difference between a Revocable and Irrevocable Trust?

Once only the tool for the very wealthy, more and more modest wealth families have begun to use revocable living trusts in their estate planning. A revocable living trust acts as a substitute for a Will and has the additional benefit of avoiding the court process known as probate. Probates can be costly and may

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What is Probate?

When it comes to estate planning, many of us know the basics. We may know the definition of a last will and testament and a trust agreement, but understanding what happens after your death and the complexity of the probate process can be more challenging. What happens, for example, if you pass away without a

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Legal-EASE: What’s the Difference Between Elder Law and Estate Planning Attorneys?

There are over 100,000 attorneys in the State of Florida. So, it shouldn’t surprise anyone that attorneys have specific practice areas like doctors do. If you are a Senior, you also need to know that there are attorneys who have specialized knowledge addressing those challenges commonly faced with growing older. While an Estate Planning attorney

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Why We Didn’t Know About Gene Wilder’s Illness: A Client-Centered Estate Plan

Most of us were surprised by learning Gene Wilder suffered from Alzheimers. Yet, as estate planning and elder care lawyers, we have to be in awe of how well he [obviously] planned for the time when he wouldn’t have capacity and how his care would be handled until his peaceful demise. We didn’t learn of

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