When someone you love asks you to be the executor of their estate, you may feel honored and possibly cornered as though you have no option but to say yes. There is a reason that asking someone is commonplace when deciding on an executor or administrator for an estate,...
Serving Northwest Florida Families For More Than 20 Years
Month: October 2020
What should you know about trusts and Medicaid?
As people age, trying to make sure they’ll be able to get the care they need is a top priority. For some, this will mean that they will need to qualify for Medicaid. Unfortunately, having assets that you want to pass down to your family members could mean that you...
Who should you name as trustee when you create a trust?
Creating a trust is a way to reduce the taxable amount of your estate, retain control over your legacy or even diminish the value of your personal assets so that you can qualify for government assistance as you age. One of the most critical aspects of creating a...
How to deal with the beach house in your estate
Living on the Florida panhandle often means that your estate includes a condo or beach house. But when elderly parents who own beachfront property die, their adult children may squabble over who will get that prime piece of real estate. Some may angle to keep it in...