What is a “CLAT”?
A Charitable Lead Annuity Trust, or “CLAT,” is one in which designated charitable beneficiaries receive annual payments during the term of the Trust. Upon the termination of the Trust, designated [...]
What are the benefits of using a corporate trustee?
The decision of who to name as trustee of your Trust is an important one. An option available to you when making this decision is to designate a corporate trustee, a company that will manage the [...]
What should I do if I think my loved one is the victim of elder abuse?
According to the National Council on Aging, approximately 1 in 10 Americans above the age of 60 have experienced some form of elder abuse. So what should you do if you suspect a senior citizen is [...]
What are the qualifications to serve as a personal representative?
In Florida, the qualifications to serve as personal representative of an estate, as set forth by the Florida Probate Code, are as follows: -The personal representative has never been convicted of [...]
What is the Senior Safe Act (SSA)?
The Senior Safe Act is a new federal law intended to fight financial elder abuse by promoting the reporting of suspected elder abuse by financial institutions. Prior to the passage of this law, [...]
Should I title a car in the name of a Trust?
Though there are exceptions to every rule, generally there are several reasons not to title a vehicle in the name of a Trust. For example: -If your vehicle is involved in an accident and you get [...]
Can I prevent my beneficiaries from knowing what other beneficiaries are receiving in my Will?
If a testator wants to distribute assets to multiple children in different amounts, he/she might want to prevent each beneficiary from knowing what the others are getting in order to mitigate [...]
Medicaid Work Requirements Struck Down by Federal Judge
In June 2018, a federal judge blocked the Kentucky Medicaid plan which would have required many recipients to work or volunteer in order to stay covered. While the plan included exemptions for [...]
