Tag Archives: The Villages Estate Planning Attorney
Women Have Unique Estate Planning Needs
Most estate planning advice applies equally to women and men. But it is also true that women tend to have some unique needs that they must consider when they create their estate plans. At Millhorn Elder Law Planning Group, we are happy to discuss your estate plan and create the documents that turn that… Read More »
Can a Loved One’s Estate be Sued?
Yes. Although your loved one is no longer alive, his or her estate can serve as the defendant in a lawsuit in many situations. As experienced probate attorneys, we often receive phone calls from panicked personal representatives who thought that closing a loved one’s estate was going to be simple. However, when the estate… Read More »
How to Deal with Power of Attorney Disputes involving Children
Advance directives like a financial power of attorney or a Designation of Health Care Surrogate can provide peace of mind to seniors in their golden years. With these documents, you can ensure that someone you know and trust will be making important decisions for you in the event of incapacity. However, disputes often erupt… Read More »
The Costs of Medicare Advantage Plans are Dropping
We have good news. According to a fact sheet released by the Centers for Medicare & Medicaid Services (CMS), the average premium for Medicare Advantage plans continues to drop and will be lower in 2019 than it was for 2018. This should be welcome news to seniors on a tight budget, who can now… Read More »
Aging on Your Own
Unlike their parents’ generation, many Baby Boomers have never had children. As a result, they face the prospect of growing old alone, especially if they are divorced or have never married. There is no reason to fear growing old alone, but you do need to be especially organized. The sooner you begin making plans,… Read More »
Should You Have a Letter of Instruction?
A comprehensive estate plan should include a will or trust as well as advance directives, like a living will and a designation of health care surrogate. Another helpful estate planning tool is the letter of instruction, though few have it. Unlike the other documents mentioned above, a letter of instruction is not legally binding…. Read More »
Protecting Seniors from Identity Theft
Senior citizens are popular targets for identity thieves. Not only do many seniors have more savings than younger people, but many are isolated from family and friends and will never report the theft. To protect yourself or a loved one from identity theft, follow the tips below. Avoid Giving Out Personal Information Identity thieves… Read More »
Choosing A Successor Trustee
A revocable living trust can be an important part of any estate plan. When creating the trust, you appoint yourself as trustee to oversee the management of the trust assets. But what happens when you die, or if you become incapacitated and can no longer make decisions? In these situations, someone else needs to… Read More »
Use A Spendthrift Provision To Protect Heirs From Creditors
One concern many parents have when creating an estate plan is whether the assets they leave their children will be wasted. It is a sad reality that some children are not as responsible as we would like. They either get deep into debt, or they have civil judgments against them after being sued. Wouldn’t… Read More »
Intestacy: What Happens If You Die Without A Will
By writing a will, you take control of who will receive your property when you die. However, many people continue to go without any sort of estate plan, so when they die their property is distributed according to Florida law. This is called dying “intestate.” Florida’s intestacy laws will determine who takes a share… Read More »
