Wills & Trusts Lawyers Answer FAQ's About Wills & Trust Law
Jacksonville Wills & Trusts Attorneys Explain Florida Wills and Trusts Law
Florida Wills and Trusts Law
In these pages, our Jacksonville wills & trusts lawyers provide you with relevant information about wills and trusts law in Florida. The FAQs are those generally asked by those who are interested in protecting the passage of their assets through the use of wills and trusts law, and the protection of their assets during their lifetime, including periods of incapacity. Our Jacksonville wills & trusts lawyers will provide concise answers to precise questions, so if you need additional information about wills and trusts law, in Florida, please let contact us at (904) 448-1969, or toll free at 1-866-510-9099, or email us at Info@TheColemanLawFirm.com. We’ll respond to your questions as soon as reasonably possible.
Our Jacksonville wills & trusts lawyers welcome the opportunity to provide you with counsel about all aspects of wills and trusts law in Florida. Thank you for visiting our site and we sincerely hope the information you will receive about wills and trusts law in Florida will be of beneficial use to you.
AB (Marital/Family/Bypass) Trusts Planning – Do You Need to Get Rid of Yours?
Are you married and is the last time you and your spouse updated your estate plan more than a few years ago? Then chances are your estate plan contains good old “AB Trust” planning (also called “Marital and Family Trusts” or “QTIP” and “Bypass Trusts”) which, up...
The Problem With Life Estate Deeds
Many individuals use life estate deeds in an effort to avoid probate and eliminate the need to hire an attorney to prepare a last will and testament, or a trust. Unfortunately, when someone uses a life estate deed, they lose control over the distribution of their...
How to Protect Inherited IRAs After the Clark v. Rameker Decision
A couple of weeks ago, we talked about the landmark, unanimous 9-0 decision handed down on June 12, 2014, in which the United States Supreme Court held that inherited IRAs are not “retirement funds” within the meaning of federal bankruptcy law. This means they are...
Medicaid Study Released by GAO: Methods Used to Reduce Assets to Qualify for Medicaid
On Monday of this week, the U.S. Government Accountability Office released its report "Financial Characteristics of Approved Applicants and Methods Used to Reduce Assets to Qualify for Medicaid." This report was requested by several members of Congress, including:...
Supreme Court Decides Inherited IRAs Are Not Protected Assets – Increases Need for Stand Alone IRA Trusts
In a unanimous opinion, the U.S. Supreme Court rules that funds held in an inherited individual retirement account (IRA) are not exempt from creditors in a bankruptcy proceeding because they are not retirement funds. Clark v. Rameker (U.S., No. 13-299, June 13, 2014)....
New Yorker Magazine Cartoonist Likes Elder Law Attorneys
The popular New Yorker cartoonist Roz Chast has created a graphic memoir of coping with her parents’ final years, titled Can’t We Talk About Something More Pleasant? The book has received widespread attention and critical praise. At one point in the book Chast, an...
Helping Families Deal With the Financial and Emotional Costs of Dementia
As many of you know, May is National Elder Law Month. The National Association of Elder Law Attorneys (NAELA) has declared this month the time for Elder Law attorneys across the nation to take time out of their busy practices to help educate the public about Elder...
Asset Protection Scams – Beware and Be Smart
I have reprinted the following column by Jay Adkisson, the asset protection columnist for Forbes.com. He is one of the top asset protection commentators in the country and knows the asset protection business as well as anyone. If you need asset protection, or want...
Do It Yourself Internet Will Turns Out To Be Very Expensive!
ElderlawAnswers.com provides us with information that the Florida Supreme Court rules that money acquired by a woman after executing a form will she obtained from the Internet should be distributed according to the laws of intestacy because the Internet will did not...
Most Important Parts of Estate Planning Can’t Get Legislated Away
There is always a media swarm around the death of a celebrity, especially when they’re young, active in their careers, beloved, and tragic. The death of actor Philip Seymour Hoffman in early February is no exception. Hoffman was an incredibly talented actor...
Durable Power of Attorneys for Medicaid Planning
Most elderly people who need skilled nursing care usually do not have legal capacity to sign appropriate documents. Legal capacity is needed to restructure assets to qualify for Medicaid benefits to pay for nursing home care. A properly drafted durable power of...
A SECURE FUTURE: SPECIAL NEEDS PLANNING
At The Coleman Law Firm, we take great pride in our service to clients with special needs family members. To deepen our knowledge and steep our expertise, I recently attended a Special Needs Planning Immersion Camp in Scottsdale, Arizona. Surrounded by dozens of the...