by Randy Coleman | Apr 1, 2012 | Disability Planning, Elder Care, Elder Law, Estate Planning, Long Term Care, Medicaid Planning, Medicaid Qualified Irrevocable Income Only Trust, Nursing Homes |
In Florida, if you are already in a nursing home, it may be too late to “give away” your assets and still qualify for Medicaid benefits for nursing home care, but that doesn’t mean that you can’t protect most of your assets and still qualify...
by Randy Coleman | Feb 29, 2012 | Asset Protection, Beneficiary Designations, Estate Planning, Individual Retirement Accounts, IRAs, Retirement Accounts, Retirement Planning, Revocable Living Trusts |
There is a difference of opinion among estate planning professionals regarding designating a revocable living trust as a beneficiary of a 401(k) plan or other retirement plan (such as an IRA). Some of the differing opinions derive out of misconceptions involving the...
by Randy Coleman | Feb 24, 2012 | Advance Directives in Florida, Designation of Health Care Surrogate, Estate Planning, Health Care Power of Attorney, Irrevocable Trusts, Living Will, Titling of Assets, Trust Administration, Trust Litigation, Trustee |
If you can get past the swooning over George Clooney, this year’s five time Oscar nominee “The Descendants” is really about estate planning. In the movie plot, Clooney’s character’s ancestors left valuable Hawaian real estate in a...
by Randy Coleman | Jan 19, 2012 | Disability Planning, Elder Care, Estate Planning, Long Term Care, Medicaid Planning, Special Needs Trusts |
Let’s say you have a child with “special needs,” or a sister, brother, mother or other family member. You have not created a special needs trust as part of your own estate plan. Why not? We know why not. We have heard pretty much all the explanations...
by Randy Coleman | Dec 23, 2011 | Estate Planning |
To all of our friends, clients, vendors and readers, we wish each and everyone of you a very happy holiday season, filled with good spirit and family gatherings. May your New Year be your happiest, and most prosperous, ever.But, should that holiday party or...
by Randy Coleman | Nov 2, 2011 | Beneficiary Designations, Durable Power of Attorney, Estate Litigation, Estate Planning, Executor, Probate, Probate Litigation, Trust Litigation, Will Contests, Wills and Probate |
Diamonds are forever! Estate planning is not!The travails of the James Brown (Godfather of Soul) estate show just how bad things can get when estate planning documents are not updated when there are changed circumstances. Brown didn’t update his...
