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Recent Blog Posts
How Are Trustees of Special Needs Trusts Compensated?
Serving as trustee to a trust, especially a special needs trust, is no small undertaking. It can be a time-consuming and complex endeavor. Moreover, administering a trust properly requires adhering to a number of regulations as well as to the guidance of the trust documents, carrying potential liability for any missteps. For that reason,… Read More »
What is a First Party Special Needs Trust and When is it Useful?
Special needs trusts can be an invaluable tool for elder and estate planning. A special needs trust allows you to set up a loved one with income without affecting their eligibility for needs-based governmental programs like Medicare and Medicaid. Most of the time, when you hear about a special needs trust, you are actually… Read More »
Why Hire an Elder Law Attorney?
Preparation is key to entering your golden years with confidence and peace of mind. You wouldn’t leave your most important affairs in the hands of just anyone. A qualified elder law attorney can help you establish a plan that will protect you no matter what life has in store. Whether it’s arranging your finances… Read More »
What Questions to Ask an Elder Care Attorney
Elder care is an important but little-understood area of law. It’s just as important as estate planning, but many people give it little thought until it’s too late. If you are thinking about your plans for long-term care and have a meeting with an elder care attorney, there are a number of important topics… Read More »
Is There a Difference Between a Supplemental and Special Needs Trust?
Special needs trusts and supplemental needs trusts have similar names and appear to serve a similar purpose: They are meant to offer resources to persons who also receive public benefits such as Medicare and Medicaid without upsetting their eligibility to receive those benefits. Are they actually the same thing, or do the terms describe… Read More »
Consideration When Naming a Guardian in Your Will
Planning for your family’s future in the event of your passing is about more than deciding who gets what property. If you have young children, you need to ensure that they are well-cared-for, even if you unexpectedly pass away. You can choose who the court should name as legal guardian for your kids upon… Read More »
What’s the Difference Between Elder Law and Estate Planning?
Many people confuse elder law and estate planning or use the terms interchangeably. While both areas of law are important, and many attorneys offer both sets of services to the same clients, the two fields do serve distinct goals. When you are planning for your financial future and the future of your family, it’s… Read More »
Housing Options for Adults With Special Needs
Caring for children with special needs can be a challenge, involving added expense, effort, and complications to the typical hurdles that go with raising any child. When those children become adults, or if an adult otherwise becomes disabled due to illness or injury, the attendant costs and challenges are multiplied. Thankfully, we are no… Read More »
Can I Create a Special Needs Trust and Be Eligible for Medicaid and SSI?
If you or your spouse has special needs, you know that it can be costly to ensure that your or their needs are met, especially if you’re dependent on public benefits such as Medicaid or Supplemental Security Income (SSI). While it can be costly to afford basic expenses along with all of the treatments… Read More »
What You Need to Know About Estate Tax in FL
When preparing wills and trusts, our clients often ask about the estate tax (or “death tax”). The estate tax is often the bane of any estate going through probate, forcing beneficiaries to deal with a second round of taxation before they are entitled to collect their inheritance. While Florida law is especially favorable to… Read More »