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August 2015 Archives

What assets don't go through probate?

If you are looking into creating or updating your will, chances are you are familiar with probate court and what it does. Upon your death, your assets are required to go through probate court where their ownership is transferred to the people you have designated. Some people think probate is a long and annoying process. It halts transferring items and assets and can take a great deal of time. However, even with a will, there are several different things that can skip right over probate and into the hands of their rightful owners.

Who should be involved in my health care decisions?

Many people include their families when making big decisions, especially those regarding health care. As a veteran, it is likely that you have many people and resources available to you for support when considering important health care related changes. Whether you choose to include family members, doctors, case workers or caregivers when making important decisions, discussing your options with those that care for you may be in your best interest.

Florida on list of least affordable housing markets

residential-real-estate-Florida-Frese-HansenIt is great to see the housing market bouncing back after the collapse experienced over the last decade. The nation as a whole has been experiencing a much-needed upturn in both home purchases and home prices. Unfortunately, some parts of Florida are experiencing too much of one and not enough of the other.

Inheritance stays with you

There are mixed views about whether community property or equitable distribution of assets is the more fair approach to a division of property in a divorce. Fortunately, when it comes to inheritances, it doesn't much matter. If you have received an inheritance, it's yours, even after a divorce. That is, as long as you didn't intermix it with marital funds, joint accounts or co-owned assets.

A contract dispute can harm your business

contract-disputes-business-law-frese-hansen.jpgMany business owners in Florida rely on agreements with other companies and individuals in order to get the most out of their endeavors. Successful collaboration and cooperation can be extremely beneficial and can help your organization achieve its long-term goals. However, as all too many people learn the hard way, not everyone upholds their side of the bargain and there is always a chance that your work could be jeopardized by a partner breaching their contract.

Should you negotiate the terms of your lease?

commercial-lease-negotiation-frese-hansen.jpgWhen searching for commercial real estate in Florida, there are several factors to take into consideration. It is not simply a matter of square footage and location. Utilities will need to be considered, the layout of the property and, of course, the amount you are prepared to spend on your lease. Once you have fixed these details in your mind, it is time to explore your options. However, you may need to haggle to get the price you want.

Consider all angles when planning your business

In Florida, as is the case in many parts of the United States, more and more people are starting their own businesses. Whether you plan to run a local store or an online enterprise, setting up a business is a significant undertaking. Nevertheless, if you have a vision you wish to fulfill, this may be the way to do it.

How important is it to have a will?

As many people in Florida know, inheritance laws can often be complicated. As such, it is important to consider your estate planning options and put in place whatever measures you can to protect your assets for your loved ones in case the worst should happen. There are many things you can do to safeguard your estate for the people you would like to benefit from it. However, it is vital to follow all legal processes correctly, to avoid your wishes being dismissed.

Alzheimer's and guardianship

caring-for-a-parent-with-alhzeimers-frese-hansen.JPGIf you are taking care of a loved one who is suffering Alzheimer's, chances are, every day is a struggle. Alzheimer's is a terrible, debilitating disease that robs individuals of their minds, memories and self-awareness. In most cases, Alzheimer's progresses slowly, beginning with minor forgetfulness and moving on into periods of dementia.

Long-term care doesn't always mean a nursing home

medicaid-planning-elder-care-nursing-home-frese-hansen.jpgFor years it seems, the phrase 'long-term care' was synonymous with 'nursing home.' For some seniors, just discussing long-term care insurance was like having a black cloud hanging overhead. It meant they were getting older, and the time to 'put them away' was fast approaching. Well, good news for seniors: long-term care has taken a new turn and may no longer mean nursing home food is in their future.

Should I discuss my will with my beneficiaries?

It seems that this topic, above others, offers an even split of people both for and against discussing final wishes with family members. Although it may seem that for individuals who are against it, are so because the division of assets is unequal, it sometimes is just because they don't want to spoil the surprise. Yes to some, finding out you are a beneficiary is surprising.

What damages are available in breach of contract suits?

There may have been a day when a handshake between businessmen would suffice as a rock solid contract though even that could be up for debate. These days, a meticulously written contract is a necessary part of doing business. It ensures that both sides know their obligations and what can happen if they don't follow them. However, "knowing" and "doing" are two very different things. Often, one side fails to hold up its end of the bargain and the other side is left holding the bag.

Why you should consider appointing an executor

If you've ever considered putting an estate plan together, you've probably heard a number of terms thrown around, from probates and trusts to powers of attorney and inheritance planning. In all likelihood, you have a basic idea of what these mean, but knowing an exact definition can be invaluable in determining how to move forward with your estate plan. With that in mind, let's take a look at the definition of an executor and some of the ways in which an executor can help you make sure your wishes are carried out in the event of death.

The ABCs of starting a business

Starting a business is the dream of many people, especially those that can't be tied down to the confines of a typical, clock-in, clock-out, nine-to-five job. This country has become great thanks to the entrepreneurship of brave people who were willing to risk it all to bring the world something new. That may be you. You might have a great idea for a business, but you have no idea how to get it off the ground.

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