DCF will reject Medicaid planning involving trusts and personal service contracts where a power of attorney is executed after 10/1/11 and the DPOA does not specifically authorize the ability to execute trusts or personal services contracts. If you are using forms for a POA or DPOA, you should have them…
Here is a link to the article I previously mentioned on the Trust Advisor Blog where they interviewed me on my thoughts on Steve Jobs Estate.
I recently had a client inquiry with us regarding the transfer of real property which was upside down or had negative equity. Typically when one transfers property of value to another to avoid a creditor’s reach, the creditor can seek to have the transaction reversed under the theory of a…
Today there is much speculation about what Steve Jobs’ will reading will reveal about his life. Steve Jobs has always been very quiet and protective about his personal life and we all know that he has been very good at protecting business secrets. I was interviewed today about what Steve…
IN RE AMENDMENTS TO FLORIDA PROBATE RULES IN RE: AMENDMENTS TO THE FLORIDA PROBATE RULES. No. SC11-1575. Supreme Court of Florida. September 28, 2011. Tasha K. Pepper-Dickinson, Co-Chair, and John Christopher Moran, Co-Chair, Florida Probate Rules Committee, West Palm Beach, Florida; John F. Harkness, Jr., Executive Director, and Krys Godwin,…
I received an email regarding a video on Death and Estate Taxes. While most of these seem to be SPAM, this one actually had some decent background information that many of you may find valuable. The video states that 2% of the US population are subject to Death Taxes. I…
Zsa Zsa Gabor, currently 94, is in the process of becoming one of the oldest new mothers ever. In law school we learn about a theory involving a fertile octogenarian with the point being that no one is too old to have a child so it is important to plan…
As of September 20th 2011,the old “don’t ask, don’t tell” rule that has been in force for about 18 years is gone. The end of this policy marks a victory for Mayport gay and lesbian military personnel. Now Mayport gay sailors and soldiers who don’t have to fear the loss…
We all need someone to look after us and care for us when we become part of the eldery population. We also need to take care of our spouses, our children, and our loved ones, when we have passed away. Looking to, and preparing for our future is in a…
Recently in the Jacksonville news there was a disturbing story about Florida’s senior citizens being exploited. Men posing as bank investigators were targeting Jacksonville women in their 70’s and 80’s. These women were being told, among other things, that illegal activity was occurring in their bank accounts, thereby paving the…