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Monthly Archives

May 2014

How to Shop for Long-Term Care Insurance

By Long-Term Care

From NPR‘s Morning Edition today:

One of the toughest money decisions Americans face as they age is whether to buy long-term care insurance. Many people don’t realize that Medicare usually doesn’t cover long-term care, yet lengthy assisted-living or nursing home stays can decimate even the best-laid retirement plan.
Not many elderly people get long-term care insurance. It’s expensive and many hope their kids will look after them instead.

Long-term care insurance is a complex product that requires a long-term commitment if you’re buying it. So how can you tell if this insurance is right for you?

To read or listen to the complete story, click here.

If you wish to discuss your options for long term care insurance, contact Board Certified Elder Lawyer Babette Bach, Esq at (941) 906-1231.

Impact of Divorce on Probate of a Will in Florida

By Estate Planning, Probate

Question:  My father died shortly after he and my stepmother got divorced. I don’t think he updated his will after the divorce.  If his ex-wife was in the last will, does that mean she’ll inherit even after she got a divorce settlement?

Answer:    Unless the will or judgment expressly provides otherwise, if your father’s will provided for his then-wife, but they later got divorced, then those provisions benefiting the now ex-wife are void under Florida law.  In fact, the Florida Probate Code construes such a will as if the former spouse had died before the deceased spouse as of the date of the dissolution, divorce, or annulment of the marriage.  If your father designated your step-mother as his personal representative of his estate, you should look to the will to see if he appointed a successor personal representative.  If he didn’t, you may be able to petition the court to be appointed personal representative.  If someone you love has recently passed, contact Bach & Jacobs and schedule an appointment with one of our attorneys who can guide you through the probate process.