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Posts tagged "Estate Administration"

Give consent before accepting treatment

consent before treatment.jpgWhether you are headed to the hospital for a surgery or are being moved into a nursing home, you need to give consent prior to receiving any type of treatment. This includes accepting prescriptions, receiving shots, being operated on, receiving cancer treatments and anything else that can be administered to you. Let's take a look at how you can give consent prior to accepting treatment so you do not wind up in a precarious situation.

Mistakes can happen in the ER despite your living will

mistakes can happen in the ER despite your living will.jpgEven though you sign a living will, it doesn't mean mistakes won't happen when you find yourself in the emergency room (ER). Nurses and doctors rush to make judgment calls when patients are brought into the ER, so much so that they don't fully read the instructions in the living will that you created.

Understanding the role of the executor of a will

understanding the role of the.jpgHave you been asked to be the executor of someone's will? This is an important job to have no matter your relationship with the person who made the request. Also know that you have the ability to deny the request. If you want to say yes to the request and take on this role, you need to understand the role of the executor of a will in Florida.

Here's what to remember about making a special needs trust

special needs trust.jpgWhen you have a beneficiary with special needs, it's often in your best interests to provide for him or her through a special needs trust. In the event that you pass away, a special needs trust continues to provide benefits while protecting your disabled beneficiary's state and federal benefits by not increasing his or her income.

Important questions to ask when planning your estate

Important questions to ask when planning your estate.pngDo you have a will? Have you planned your estate yet? If not, you are putting not only yourself but also your dependents and spouse in a precarious situation should you become incapacitated or die. Too many people pass away without a will or other estate documents in place these days. You need to avoid this issue at all costs by asking the following questions when planning your estate in Florida.

Tips for choosing a power of attorney

Tips on choosing a Power of Attorney.pngA power of attorney is an important designation that everyone should choose at one point during his or her life. This designation is typically found in a will that is created by an individual or a couple. It can be difficult to pick someone to serve as your power of attorney.

Using a durable financial power of attorney

using a durable power of attorney.jpgWhen considering how to protect your estate and establish your end-of-life wishes, it is very likely that you will assign a durable financial power of attorney to a representative. Such an appointment authorizes a person you choose to access your finances and take whatever actions are necessary to achieve your financial goals and keep up with your financial obligations.

What if my will conflicts with the law?

what if your will conflicts with the law_.jpgWhen a person passes away and leaves a will as part of his or her estate plan, the will may leave the administrators of the estate plan or executor of the will any number of instructions on how to execute that person's wishes. However, wills are not "magical" documents that allow those who create them to skirt the law. Rather, when a will conflicts with the law, the law takes precedence.

Am I responsible for my deceased relative's debt?

1amiresponsiblefordeceaseddebt.pngDealing with the debts of a family member who passes away is often very difficult while also dealing with the grief of the loss itself. It can even add to the fears and uncertainty that regularly surround the passing of a family member. If you are worried that you may have to pay for your deceased relative's debt, there is good news. Generally speaking, personal debt is personal debt, and while some debts may transfer after death, most do not.

Does my executor need legal assistance?

Deciding who is best suited to act as the executor of your estate is a big decision, one which neither you nor the person you appoint should take lightly. In many cases, the details of an estate plan are either complicated or may entail a certain degree of conflict, in which case it is usually wise to aid your executor with some proper help.