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Blog Posts in August, 2017

Why You Need to Plan While You Can

Most of us have lives that are messy. There are divorces, remarriages, stepchildren, adult children who can’t handle money or are married to freeloaders. The only way to avoid confusion and loss ...
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Don't Let a Long-Term Illness Rob Your Life's Savings

Unfortunately, many people fail to plan for an unforeseen illness, which can come suddenly and rob their savings as well as the financial future of the family. Fortunately, there are some steps you ...
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University Study Shows Decline in Dementia Rates

A recent study of 21,000 people has found that the dementia rates in those over the age of 65 declined 24%, falling from 11.6% in 2000 to 8.8% in 2012. The University of Michigan Health and Retirement ...
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About Designating a Florida Health Care Surrogate

A Florida Health Care Surrogate designation provides you with the opportunity to name a trusted person to make health care decisions for you in case you can’t and also allows you to spell out ...
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Why Powers of Attorney are Important for Florida Seniors

One of the reasons that the power of attorney is becoming increasingly important is because of the durable power of attorney statute enacted in Florida several years ago. This statute does not void a ...
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4 Ways to Avoid Florida Probate

Probate is a legacy no one should leave – and thankfully, most people do want to spare their heirs the time-consuming, costly and lengthy process of having to go to probate court to transfer ...
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Understanding the Duties of an Executor Or Trustee

Many people agree to become an executor of an estate or trustee of a trust without really considering what that job entails. Then the estate or trust owner dies, and the executor or trustee has no ...
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Financial Duties Following the Death of a Family Member

A death in the family often imposes cruel demands on family members, not the least being the necessity to tackle a list of financial responsibilities. We hope you find this list of the most critical ...
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Key Considerations When Choosing a Guardian for Minor Children

Probably the biggest inspiration for estate planning by parents is their children. Developing an estate plan that will protect your children in the event of your untimely death or incapacity, however, ...
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The Planning Parents Must Do for Their Children

We always advise our clients to view estate planning as an exercise in planning for life, not death. Who wouldn’t sleep better at night knowing they have a lifetime of guidance and protection? ...
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Marrying Again? Review These Tips on How to Protect Your Assets

Estate planning practitioners agree that there are few things that can cause an inheritance fight, like a second marriage. Consider these statistics: 90% of Americans marry 50% of married couples ...
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Preparing Your Heirs to Receive an Inheritance

When we think of vast family wealth, most of us know the name Cornelius Vanderbilt, the railroad and shipping scion of one of the richest families in America in the 19 th century. When he died in ...
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Effective Asset Protection Techniques Require Advance Planning

Once the proverbial asset horse has left the barn, there is no point – or legal way – to close the barn doors. Once a divorce is filed, a creditor begins pursuit or bankruptcy looms, there ...
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About the Irrevocable Life Insurance Trust

An Irrevocable Life Insurance Trust (ILIT) is a great tool in asset protection that protects your beneficiaries, typically surviving spouses and children. Essentially, you can transfer your life ...
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How Estate Planning Helps You Keep What's Yours

Today, an estate is made up of everything a person owns, which includes personal possessions as well as a home, a car, bank accounts, insurance, furniture and more. The purpose of estate planning is ...
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Should You Consider a Prenuptial Agreement?

It is a fact of life today that most people will marry more than once, and a prenuptial agreement has become an important estate planning tool for those who plan to say “I do” once again ...
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Should You Place Your Retirement Accounts in a Trust?

People who succeed in saving substantial financial assets in tax-deferred retirement accounts usually wind up leaving a good portion of these assets to their heirs. And while you may wish that your ...
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Legal Planning for Parents of College-Bound Children

If you have a child who will be attending college this fall, you should be aware that when your child leaves home, they are also taking many of your prior legal rights with them. Once a child turns ...
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Long Term Care Asset Protection Trust Can Shield Savings From Health Crisis

In Florida, annual long term care costs average more than $100,000 for a private nursing home room, over $89,000 for a semi-private room, $36,540 for an assisted living facility and over $45,000 for a ...
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The Dorcey Law Firm, PLC - Fort Myers Attorney
Located at 10181 Six Mile Cypress Pkwy, Suite C, Fort Myers, FL 33966
Phone: (239) 330-6674
Local Phone: (239) 418-0169
Website: http://www.dorceylaw.com
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