Those who are coming to the later years of life in Florida will want to ensure that their loved ones are accounted for after they pass away It is important to make sure that a last will and testament is written in a way that covers all of the bases, and to avoid the common…

Elderly Florida residents often experience major health problems that need emergency attention. Because of this, it is essential that adult children of aging parents have immediate access to estate planning documents. A health crisis may prevent an elderly parent from making important medical and financial decisions. According to Money, aging parents need documents such as…

Creating a will in Florida is one of the most important things your parent can do. A will allows your parent to make choices regarding property distribution after his or her death. It also allows your parent to name a guardian for minor children and appoint a personal representative of his or her estate. If…

As your parents age, long-term care may become a necessity. While programs such as Medicare offer short-term care for patients, Medicaid is a government program that offers long-term care. Since Florida is an income cap state, patients who want Medicare benefits must abide by a hard income limit. According to Senior Planning, as per Medicaid’s…

A rivalry with your sibling may begin when you are kids but last well into adulthood. Even if you are able to keep things civil with your brother or sister for a while, the conflict can arise again. This is especially true when there is a dramatic change in the family, such as the death…

Growing up, some conversations between parents and their children prove more difficult than others. For instance, you may have a hard time talking to your mom and dad about their end-of-life plans here in Florida. Money Crashers offers some insight into the most essential questions to ask your parents regarding their estate and advanced care….

Adults who have elderly parents in Florida can understand their anxieties if they fear losing eligibility for Medicaid if they keep too much money for burial arrangements. Medicaid allows a recipient to set aside $2,500 for burial expenses that will not be counted as an asset. However, your parents should not have to choose between…

If you have an elderly parent or parents who retired to Florida, you may wonder what you can do to help them with the estate planning process from across state lines. Though there are several ways in which you can assist with the financial planning process, one of the first things you can do is…