When to Fire a Trustee
Removing a trustee is a serious step that can be costly and time-consuming. However, it may become necessary when a trustee’s actions (or lack thereof) threaten the integrity of the trust.
Gen X, Millennials Set to Inherit Trillions in Real Estate
When inheriting property, heirs have tough choices: keep it, sell it for cash and investment freedom, or use smart financial strategies to manage the asset and cut down on taxes.
Why Is Resident-to-Resident Nursing Home Abuse Increasing?
A sobering investigation has revealed that hundreds of nursing home residents nationwide have been physically harmed by fellow residents, sometimes with tragic consequences.
A Guide to the SSI and SSDI Appeals Process for Older Adults
Appealing an SSI or SSDI denial can be a long and frustrating process, but persistence matters. Many successful claims are approved only after one or more appeals.
Wills vs. Trusts in Florida: Which One Do You Need?
What is the difference between a will and a trust? Planning how your money and property will be handled after you pass away is one of the most important steps you can take to protect your family. In Florida, you…
How to Set Up a Trust in Florida: Your Step-by-Step Guide
How to set up a trust in Florida: A trust is like a special container that holds your property and assets for the benefit of the people you care about. Think of it as giving your belongings to a responsible…
Your Complete Estate Planning Checklist for Florida Residents
Life in Florida comes with unique advantages – no state income tax, beautiful weather, and strong property protections. Planning ahead is important, and using an estate planning checklist in Florida can help ensure your loved ones and assets are fully…
How to Skip Probate Court in Florida: A Simple Guide to Living Trusts
How to avoid probate in Florida: When someone dies, their family often faces a long, expensive legal process called probate. This court-supervised procedure can drag on for months or even years while your loved ones wait to inherit your assets.…
Your Unpaid Medical Debt Won’t Be Erased From Credit Reports
Takeaways
A recent federal court ruling reversed a rule that would have removed medical debt from credit reports, meaning this debt can continue to negatively impact credit scores.
Older adults are disproportionately affected by medical debt due to fixed incomes and health…
Giving to Grandkids? Consider Gift Tax, 529 Plans, and More
Takeaways
Grandparents should clarify whether financial assistance for their grandkids is a gift or a loan.
Consider 529 plans for education funding to ensure fairness and tax benefits.
Grandparents should also ensure their own financial security, especially regarding potential long-term care costs.
Grandparents often…
