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Trust Funding: Real Estate and Financial Accounts

Trust Funding: Real Estate and Financial Accounts

After you have created a revocable trust, it is necessary to fund your trust with your assets. Funding a trust is the transfer of assets to the trust name. When you transfer assets to your trust, or when the trustee buys and sells various assets owned by the trust,...

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Trust Funding: General

Trust Funding: General

When creating a revocable trust, it is important to understand how to transfer assets to your trust. We call this process “trust funding”. To obtain the benefits of probate avoidance and the other benefits of having a trust, it is very important that the trust be...

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Family Guardian vs. Professional Guardian

Family Guardian vs. Professional Guardian

As the names indicate, a family guardian is usually a member of the family or a close friend of the person with incapacity. A professional guardian is a fiduciary who cares for 3 or more wards and is subjected to a Federal Bureau of Investigation (FBI) fingerprint...

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3 Reasons the VA May Terminate Benefits

3 Reasons the VA May Terminate Benefits

Veterans who have served our country deserve to be rewarded for their service and cared for in the years after. This is why benefits awarded by the U.S. Department of Veterans Affairs are so crucial to so many. The VA may award benefits directly to veterans or to...

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The Five Most Important Estate Planning Documents

The Five Most Important Estate Planning Documents

Your existing documents might not give your agent any legal authority to take necessary action for you. This is especially true when individuals or families have downloaded forms from a website, obtained forms in an office supply store, received forms from a hospice...

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Important Things to Know When Completing a Power of Attorney

Important Things to Know When Completing a Power of Attorney

The Florida Bar defines a power of attorney as a legal document delegating authority from one person to another. In the document, the maker of the power of attorney (the “principal”) grants the right to act on the maker's behalf as that person's agent. When granting...

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Helping to Navigate the Complexities of Life as we Age

Helping to Navigate the Complexities of Life as we Age

Many older adults find it difficult to remain independent. Simple abilities like driving, taking medications, or running errands become much more difficult tasks to the person who is losing their vision, hearing, or even just using an assistive device such as a...

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Unmarried Florida Couples Need Estate Plans

Unmarried Florida Couples Need Estate Plans

Estate planning is important for everyone but especially so in the absence of children, who are natural heirs when a parent passes. For singles or couples without children, the absence of a plan can lead to unintended consequences and protracted litigation. A famous...

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