Social Security provides some benefits for spouses, as long as certain conditions are met. This also applies to former spouses, whether through divorce or death (or maybe both!). Social Security benefits are based on the amount of money a person made in their lifetime—the more money they made over their lifetime, the more the benefit [...]
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22. March 2012
First and foremost, all estate-planning professionals recommend a detailed will. While there are kits available to make your own will, they will not come with seasoned professional advice. If you have numerous assets and specific desires for how they should be distributed, it is recommended you create your will with the help of an attorney. [...]
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18. August 2011
Probate is the division and distribution of a deceased person’s estate. This procedure is supervised by the courts and assures that the estate is properly divided and all expenses and debts are paid. Probate involves lot of legal paperwork, something that comes as a surprise for many who thought they would receive an inheritance in [...]
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18. August 2011
Yes-everyone over the age of 18 should make a will. Most people who do not create a will feel it is too expensive, too time consuming, irrelevant for their situation, or just do not get around to making one. Wills are important because they allow your property and financial assets to be passed to the [...]
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20. July 2011
Many turn to Medicaid when they need to place a loved one into a nursing home. Medicaid can provide the long-term care they need. It is a needs-based system run by both federal and state government. The specific policies vary by state, though all states carry safeguards to protect public money. One of these policies is [...]
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19. July 2011
Florida has provided important protection for homeowners with its homestead laws. These laws provide protection from creditors, taxes, probate, and more in varying strengths. Although not every home will qualify, most homes that serve as a principal residence for the owner will be considered homestead. Florida gives favorable tax treatment to homestead properties. It is [...]
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10. June 2011
Overwhelmed by elder care? It’s easy to find yourself in a daunting position when trying to make the best decision for care of an elderly parent. Geriatric Care Managers are available to help. They can be invaluable sources of aid when faced with difficult decisions about situations you are unfamiliar with, and perhaps emotionally unequipped [...]
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7. June 2011
Nobody wants to think about what would happen if they were severely disabled or incapacitated but it could happen to anyone. It would be very helpful to your family if you had developed Florida Estate Planning before the event in case something might happen. It is simple to devise estate planning with the help of [...]
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13. April 2012
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