A reverse mortgage is a financial agreement in which a homeowner abdicates equity in their home in return for payment. This is a tool designed to be utilized by older individuals in order to [...]
As of May 2017, the Florida Senate has voted to put a proposal on next year’s ballot that will increase the Florida homestead property tax exemption from its current value of $50,000 to a value [...]
The Florida homestead exemption is an asset protection tool implemented to protect homestead property. Your Florida homestead will be designated to procure certain exemptions from real estate [...]
Babette B. Bach, Esq. received the Lifetime Achievement Award from the Florida Bar Elder Law Section during the Florida Bar’s annual convention in Orlando on June 15. Babette was presented with [...]
Individuals who are afflicted with Alzheimer’s disease may experience aggression related to their condition. This aggression generally surfaces in the later stages of Alzheimer’s and, while the [...]
Today is World Elder Abuse Awareness Day. In Florida, with the growing senior population, elder abuse is an extremely prevalent social issue. Elder abuse can manifest itself in many forms, [...]
A Roth IRA is a retirement savings account that is funded with earnings that have already been taxed. The earnings placed in a Roth IRA are, therefore, allowed to grow without being taxed [...]
A qualified domestic trust (QDOT) is a marital trust utilized for the benefit of a spouse that is not a U.S. citizen. This type of trust allows a non-U.S. citizen who is married to a U.S. citizen [...]
A payable-on-death account is a bank account that is titled to the original owner but that directs distribution of its funds to a beneficiary upon the owner’s death. As long as the creator of the [...]
In Florida, summers tend to get very hot and it is important to understand the health risks associated with excessive heat. Older adults are more susceptible to hyperthermia as well as other [...]