Medicaid is an excellent program for individuals or families who need assistance to cover health care expenses, especially for elderly and disabled individuals. The program’s eligibility requirements are strict, but there are exemptions for which…
Many Florida residents rely on Medicaid benefits to help them cover medical and long-term care expenses, especially the elderly and individuals with disabilities. A common question is whether a person can own a house and…
Medicaid is a program jointly funded by the federal and state governments to provide health care assistance for low-income individuals and families. In Florida, the elderly and individuals with disabilities often use the program to…
Medicaid is a health care program for low-income individuals that applies to children, pregnant women, disabled individuals, and elderly individuals. Funded by the federal and state governments, the program is fundamental for low-income families. How…
Living in Florida is a lifetime dream for many individuals, and it is not hard to find out why. The state offers warm weather year-round, lush natural landscapes, and solid low tax policies for those…
As of 2022, only six states nationwide impose an inheritance tax, which are Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania. Fortunately, Florida is not part of the list, which means beneficiaries and heirs of…
A trust is a legal arrangement in which the trust maker (also referred to as the “trustor” or “settlor”) transfers the nominal ownership of assets to a trustee (fiduciary) for the benefit of selected individuals…
When a property owner dies in Florida, the title of the property determines whether it must go through probate. What if a person does not live in a standard home? Does a mobile home go…
Dealing with the death of a loved one is not an easy task, especially when you are in charge of handling the decedent’s funeral and burial arrangements. Besides the time and effort involved, arranging an…
One of the great concerns for a deceased person’s family is how to withdraw the funds to pay funeral costs and administration expenses. Is it possible to use a power of attorney to withdraw money…
Many Florida residents use this type of arrangement to facilitate deposits and withdrawals, allowing two or more persons to use a single bank account at the same time. What happens to joint bank accounts when…
All assets owned solely in a deceased person’s name cannot be distributed directly to the individuals listed in the will. Before distribution is due, the assets must go through court-supervised administration. What happens to bank…