When a loved one passes away, undoubtedly you will wonder what you need to do. First, you’ll make the necessary funeral or memorial arrangements. Then, we recommend taking care of yourself and your family. If your loved one passed after a prolonged illness, you may just need to take a break.
We live in one of the most popular retirement states in our nation. The Baby Boomers have reached retirement age and the “great wealth transfer” has begun. According to a study from consulting firm Accenture, when this transfer is complete, some $30 trillion (yes, with a t) will be transferred from one generation to the next.
Often Veterans and their families are unaware of the many benefits available to them. One of these benefits is free burial and internment of cremains in a VA National Cemetery.
Burial benefits, at no cost to the family, include:
No one wants to live in a nursing home. But, for many people it may become necessary at some point in life. For those who do become residents of a nursing home, it is important to understand nursing home transfer and discharge rights to ensure the best care possible.
Have you made your 2018 resolutions? They may include losing weight, exercising more, eating healthier or quitting smoking. Why not consider kick starting 2018 with a resolution to review your existing estate planning documents?
Choosing a nursing home for an elderly loved one is one of the most difficult and important decisions a family member can make. Ask these six questions before finding an elder care facility for your loved one.
In 2018, lawmakers changed the retroactive eligibility for those who qualify for Medicaid from 90 days to 30 days. This dramatic change is expected to affect thousands of Floridians.
Being named trustee of a special needs trust is a great honor as well as a huge responsibility. Whether you are seeking a trustee or thinking about accepting a request to act as one for a family member, your first move should be to contact an experienced special needs and elder law lawyer.
Many people put off estate planning and find themselves unable to get help when they need it. When a person loses their mental capacity, planning options are limited. Planning ahead for long term care needs, including Medicaid eligibility, helps ensure your spouse and family will continue to have financial stability if you need long-term care.
When you apply for Medicaid, the state will review your financial records for the previous five years. That means that you may need to have a plan in place for your assets at least five years before you apply for Medicaid. This 5-year look-back period means you cannot just give away your assets or sell them for less
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Advice you can trust, from people you like.
The Law Offices of Hoyt & Bryan is Central Florida’s leading estate planning and elder law firm and the only Florida law firm with two attorneys board certified in both Wills, Trusts and Estates as well as in Elder Law. We were founded in 1999 and our main office is located in the heart of historic Oviedo, Florida.
Our office address:
254 Plaza Drive
Oviedo, Florida 32765
