It is important to have a Durable Power of Attorney (DPOA). This key legal document allows you to name someone other than yourself to handle your financial affairs. If you become incapacitated, having a DPOA can make the difference between…
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People who ask The Karp Law Firm to handle the Florida probate of a loved one’s estate often have an inkling of what’s ahead: just about everyone has heard horror stories about the probate courts, particularly the courts in Florida….
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Life insurance can play a useful role in many people’s estate plans. It can provide replacement dollars for pension and Social Security income for a surviving spouse, or provide a guaranteed inheritance amount to beneficiaries, such as a spouse or…
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Setting up an estate plan requires making some of life’s most serious decisions. Little wonder so many people procrastinate over doing it. But as you can imagine, it’s the biggest procrastinators who feel the greatest relief when they finally get…
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If you’re remarrying later in life, you may gain more than a new spouse. You may also gain a new, bigger family: your spouse’s children. You may have your own grown children, too. Hopefully, everyone will get along beautifully. But…
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Florida welcomes about 55,000 permanent transplants from New York State each year (Bloomberg 2/6/15). Besides avoiding the winter (certainly understandable given the unrelenting cold of 2015), many are seeking relief from New York income tax, and ultimately, New York estate…
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You don’t have to be rich. You don’t have to be old. Everyone needs an estate plan. Without a valid plan specifying who gets what if you pass away, the state you reside in will make those decisions for you. Don’t…
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A new Florida law is expected to prevent assisted living residents from having to enter nursing homes prematurely. The new law, HB 1001, gives ALF staff who have certain training the authority to help residents perform routine health-related tasks such…
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The Florida Supreme Court on January 15, 2015 ruled that a non-lawyer is guilty of the unlicensed practice of law if the individual engages in Medicaid planning activities for clients leading up to the application. The Supreme Court took up…
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Sure, Florida has a large numbers of retirees. No surprise there. But this may surprise you: Florida’s over-65 population is not growing as fast, percentage wise, as in other states. In fact, it doesn’t even crack the top ten. The…
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