Do I need a Will? Can I just write down where I want my assets to go or tell someone my intentions?

In Florida, as in every state, there are specific requirements that must be met in order for a Will to be validly executed. In order to be legally sufficient and distribute assets as the testator (one who executes a Will) intended, a Will in Florida must be executed according to Florida law. If the Will is not executed according to Florida … [Read more...]

Important Medicaid Numbers

    The following relevant Medicaid numbers apply as of July 2014: Divestment Penalty Divisor - $7,638.00 Income Cap - $2,163.00 Individual Resource Allowance - $2,000.00 Monthly Personal Needs Allowance - $105.00 Community Spouse Resource Allowance - $117,240.00 Minimum Monthly Maintenance Needs Allowance - … [Read more...]