by Randy Coleman | Oct 26, 2011 | Elder Care, Elder Law, Medicaid Planning, Nursing Homes, VA Benefits |
MetLIfe has just released its annual survey of long term care costs. Not surprisingly, those costs are rising faster than inflation with the national average cost of a skilled nursing home facility at $87,000. The cost of an assisted living facility rose...
by Randy Coleman | Oct 23, 2011 | Disability Planning, Elder Law, Estate Planning, Social Security, Special Needs Trusts |
Over the past week, our office has experienced an unusual influx for a one week time period: three new clients seeking special needs trust planning for their disabled relatives. One case dealt with autism, one with Downs Syndrome, and one with severe...
by Randy Coleman | Oct 19, 2011 | Estate Planning, estate tax, Gift Tax |
Apparently, the IRS has significantly increased the number of audits it performs for intrafamily transfers of property, where there is no gift tax return filed by the person making the transfer. The extent of the effort is detailed in an article in today’s...
by Randy Coleman | Oct 17, 2011 | Estate Planning |
This week is “National Estate Planning Awareness Week” as designated by the United States House of Representatives. Below is the resolution passed by the House of Representatives in 2008. For all the reasons stated in the resolution it’s...
by Randy Coleman | Oct 16, 2011 | Asset Protection, Elder Care, Elder Law, Medicaid Planning, Nursing Homes |
Today’s Florida Times Union contains an editorial regarding Alzheimer’s and an article about the impact on marriage that Alzheimer’s has for increasingly large numbers of people. Together, the information provided by...
by Randy Coleman | Oct 5, 2011 | Estate Planning |
A recent US News and World Report blog succinctly states What you Need to Know About Estate Planning (online at http://www.usnews.com/mobile/blogs/alpha-consumer/2011/9/26/what-you-need-to-know-about-estate-planning.html). Taking excerpts from The Wall Street Journal...
by Randy Coleman | Sep 28, 2011 | Elder Law, Estate Planning, Medicaid Planning, Probate, Wills and Probate |
Get Answers to Your Legal Questions at JacksonvilleLaw.TV The Coleman Law Firm Offers Probate, Estate Planning & Asset Protection Help on Video October 3, 2011, Jacksonville, FL – “What happens if I die without a will?” Click it. “How is an estate probated...
by Randy Coleman | Sep 23, 2011 | Estate Planning, Gun Trusts, Revocable Living Trusts |
There are special estate planning provisons that must be made for the transfer of Federally restricted firearms that you own. You can eliminate substantial federal compliance requirements through the use of a properly drafted “gun trust.” To...
by Randy Coleman | Sep 22, 2011 | Asset Protection, Business Owners, Crazy Lawsuits |
September’s ridiculous lawsuits of the month create a whole new category of reasons for engaging in asset protection! These include a mother sued because her birthday card did not include a gift, a computer gamer who thinks Microsoft owes him $500...
by Randy Coleman | Sep 18, 2011 | Advance Directives in Florida, Durable Power of Attorney, Estate Planning |
On October 1, 2011, Florida’s new Power of Attorney Act will become effective for all powers of attorney used in the state of Florida. While the goal of the Florida legislature in adopting the Act was to address perceived defects in the current law, the new Act...
