Author Archives: David Toback
The Cash Gift That Can Come Back To Haunt Your Family Decades Later
What is the worst thing that can happen to a family when a recently deceased relative’s estate is going through probate? Is it a long-lost sibling, the product of a long-ago romantic relationship that Dad never told anyone about? Such events are rare, even though estate research firms sometimes try to tell people who… Read More »
Investing For Retirement Does Not Have To Be Boring
Some people count the days until retirement and then retire as soon as they are eligible, relishing their withdrawal from the rat race and enjoying the sweet days of idleness. You might even know someone who kept his promise to do virtually nothing after he retired. Idleness is not for everyone, though. You are… Read More »
Coping With Estate Inventory
When people find out that a recently deceased person has named them as personal representative of the estate, or when they try to settle the estate of a family member who died without a will, their biggest worries tend to revolve around disputes over inheritance rights, creditor claims gobbling up a significant portion of… Read More »
Myths And Facts About Hospice Care
Once you get past the daydreams about birdwatching during your daily walks through your neighborhood, your estate planning lawyer will remind you that you also need a plan for the times when you are no longer healthy enough to strut like an egret and perch like an anhinga. You can then dream about assisted… Read More »
Florida Legislators Propose Bill That Would Mitigate Financial Losses Caused By Elder Abuse
A common piece of advice to clients seeking legal services is that they should avoid firms that practice “door law,” meaning that they agree to represent everyone who walks through the door, regardless of the legal matter with which they need help; instead, it is best to choose a lawyer who focuses on cases… Read More »
What If The Nursing Home Where You Planned To Seek Care Is No Longer There When You Need It?
You should be proud if you have not yet reached retirement age but you have already gotten into enough detail with estate planning to start thinking about nursing homes. Nursing home care is not only for wealthy people; you can pay for it out of your own assets or through long-term care insurance, but… Read More »
Simple Strategies To Keep Your House Safe From Medicaid Estate Recovery
Much like the animated statue in the dinner party scene of Mozart’s Don Giovanni, Medicaid is an unwelcome guest in probate court, even though you knew it was coming. Medicaid estate recovery is as unpleasant as it sounds; Medicaid tries to get the estate to pay it all the money it spent on the… Read More »
Choosing A Trustee For Your Revocable Trust
There is a reason why revocable trusts are such a popular option, no matter your tax bracket. The assets in a revocable trust are safe from creditors and Medicaid asset recovery. They are also able to bypass probate, which means that the beneficiaries do not need to wait for your estate to settle before… Read More »
Do Business Ownership Interests Go Through Probate When A Business Owner Dies?
Some people love their jobs so much that they never want to retire, and some achieve that goal, continuing to work until they die. Certain professions attract this attitude more than others; no one dreams of being an octogenarian in a cubicle farm. Business owners are among those who aspire to draw their last… Read More »
Enhanced Life Estate Deeds: Generational Wealth For The 99 Percent
Florida is not like everywhere else, and that is why we love it. Florida is the only place in the world that is a natural habitat for an alligator species (the American alligator) and a crocodile species (the American crocodile). The far-fetched ways that Floridians go about achieving their goals has led to a… Read More »
