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June 2015 Archives

Medicaid issue remains in Florida

Although Florida lawmakers were successful in passing a new budget, one item still left on the table is the expansion of Medicaid to low-income residents. How this sticking point in the state's legislature is going to affect elderly recipients remains to be seen, but lawmakers from both the state House and Senate are discussing the impact the issue is going to have on upcoming elections.

Florida Realtors attend mediation program

Real estate transactions are inherently complex. Sometimes issues arise during the course of these transactions that may cause the deal to fall through unless intervention occurs. In such cases, the Realtors involved may need to negotiate additional terms of the agreement so that both the buyer and seller are satisfied.

What inheritance rights do a decedent's family have?

Although no one really wants to think about it, sometimes people pass away without bequeathing their remaining assets to close family members. Any number of reasons can cause a person not to properly account for all loved ones left behind; however, those left behind need not be left out. Surviving family members are protected under Florida law and may receive certain assets from the deceased even though they were not specifically named as inheritors.

Women may have different estate planning needs

According to a recent article in The Business Journals, women may have more specific needs when it comes to planning an estate than their male counterparts. The biggest reason involves the fact that women typically outlive men; therefore, they need to plan accordingly with regard to their higher life expectancy.

A will cannot cover everything

Some people may believe that all they need is a will to cover the various aspects of their estate after they pass away. Although relatively simple and easy to create, a will has its shortcomings. Several factors involving one's estate cannot be handled through a simple will.

Why do I need a lawyer when buying or selling a house?

Buying a home is usually the single largest investment people make, and those who sell a house do so with the intent to make the maximum profit possible. Whether you are buying or selling, real estate transactions can be complex and confusing, which is why having an experienced real estate attorney on your side makes a lot of sense.

Protect your estate plan by making a hard copy

Cyberattacks have become a focal point in the news over the last few years. From the data breach of Target two years ago to the recent attack on the federal government, tech savvy hackers are getting into data bases most assumed were completely secure. This has caused many to be concerned about the security of digital information and the serious consequences that accompany data breaches.

The Fair Housing Act: a law even HOAs need to know about

As some of our Melbourne readers may agree, living in a neighborhood where there is a homeowners association can be both a blessing and a curse. While some residents may like the fact that theirs and their neighbor's lawn is always well maintained, some may not like the control that many HOAs have over the look of a property. In many cases, residents are even barred from the amount of decorations they can put up on their property.

Uncertainty of Humana-HCA deal has some in Florida worried

If you're a Florida resident who is currently enrolled in a health insurance plan with Humana, then you may have received a letter that eluded to the possible cessation of business between the insurance company and HCA hospitals this summer. The reason behind the letter is that the contract between Humana and HCA is scheduled to terminate soon, which is something that could have rippling consequences for thousands of policy holders across the state.

What is a business plan?

A lot of people have great ideas for companies and want to see them come to fruition by starting their own business. While this is a great idea, there are a lot of things that new entrepreneurs need to think about before getting their business off the ground.

NAIOP pushing to get rid of sales tax on commercial leases in FL

Did you know that here in Florida, a person or company who rents a commercial property must pay sales tax on their lease? If you're a business owner who is currently renting commercial property, chances are you do. But for those who aren't, or are considering renting real estate, sales tax on leases is something you not only want to consider but plan for down the road.

Be careful with your charitable dollars, don't give to a scam

Many people as they age want to give more to charities. And why shouldn't they? After all, most charities do incredible good for people all over the world, from helping buy supplies for under privileged schools to providing aid after a natural disaster. Many people want to be a part of this assistance, which is why some people even choose to leave assets for certain charities in their will.

Supreme Court decision on health care is just around the corner

Most people don't typically follow court cases at the lower level. After all, what are the chances an outcome in these cases would have an effect on a vast majority of residents in any given state? But as you can imagine, this sentiment changes when a case makes its way all the way up to the U.S. Supreme Court. That's because decisions at this level can have a sweeping impact, forcing many people to pay attention to what the court has to say.

What can complicate an estate plan?

Preparing a proper estate plan is perhaps the most important thing a person can do in their life and yet it's the one thing that most people avoid until the last minute. Why? As we have said before, drafting an estate plan makes you think about your inevitable death, which can be scary for a lot of people. By avoiding your estate plan, you avoid this potentially painful thought.

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