Florida Elder Law & Estate Planning Blog


New Medicaid Managed Care Plans Offered in Some Regions
New Medicaid Managed Care Plans Offered in Some Regions
November 22, 2018

If you or a loved one is receiving long-term care nursing home benefits, you may receive a notice from the Agency for Health Care Administration asking you to select a different Medicaid managed care plan. This is because the agency has renegotiated contracts…

more
401k
Beneficiary Designations: So Much Can Go So Wrong If They’re Not Right
November 2, 2018

I was contacted some months ago by  “Patricia.” She had read my Palm Beach Post article about 401K beneficiaries and it immediately reminded her of a situation that had occurred in her own family.  She suggested my readers would benefit…

more
Stan Lee
Be Your Own Superhero: Protect Yourself From Financial Predators With a Predator Protection Trust
June 27, 2018

Spider Man. Ant Man. The Fantastic Four. The Hulk. These comic book superheroes sprang from Stan Lee’s imagination and made their creator a wealthy man. But at 95, the Marvel mogul’s own powers appear diminished, potentially putting him and his…

more
Matthew Mellon
How Should You Plan Your Estate When Your Beneficiary Has A Drug Problem? The Sad Story Of Matthew Mellon
June 9, 2018

Do you have a beneficiary with a drug problem? You are not alone. The Federal Reserve’s Report on the Well-Being of American Households in 2017 reveals that one in five Americans knows someone who is addicted to opioids or prescription painkillers….

more
Prince
With No Estate Plan, Prince’s Estate Descends Into Chaos
March 11, 2018

Many music critics put the late rock icon Prince in a class all his own: unimaginably talented and prolific, churning out hit after hit such as “Purple Rain”and “When Doves Cry.” But in one respect the Grammy Award-winning musician was…

more
Harper Lee
Harper Lee’s Estate Plan Built For Privacy
February 28, 2018

If you are someone who values privacy – in life and in death – take a page from Harper Lee’s estate plan. The author of the Pulitzer Prize-winning novel “To Kill a Mockingbird,” Lee was a ferociously private individual. And…

more
Taxes_money
The Step-Up in Basis Remains, For Now
February 6, 2018

There was talk last year in Congress about doing away with the step-up in basis for inherited assets. The Karp Law Firm has recently received several inquiries regarding whether the Tax Cuts and Jobs Act eliminated the step-up. Happily, it…

more
Hugh Hefner
Playboy Founder A Shrewd Estate Planner
October 22, 2017

Playboy founder Hugh Hefner died in September at age 91.  As he wished, he was laid to rest at Los Angeles’ Westwood Memorial Park in a mausoleum adjacent to Marilyn Monroe, who appeared on the very first cover of the…

more
Debbie Reynolds and Carrie Fisher
Estate of Star Wars’ Carrie Fisher goes to probate because funding neglected
August 15, 2017

Carrie Fisher, daughter of late actress Debbie Reynolds and crooner Eddie Fisher, died from a heart attack on December 27 at age 60. When her mother died the following day, many were not surprised: Fisher and Reynolds had an exceptionally…

more
Alan-Thicke-wife-Tanya-Callau
Alan Thicke’s family goes to war over late actor’s estate
June 11, 2017

You don’t need to be rich and famous, or have children from prior marriages, for your estate plan to run into trouble. But it sure does help. Now, the late Alan Thicke joins the roster of deceased celebrities whose families…

more
Array