Video FAQ Section


Elder Law

What is elder law?


Estate Planning

What is estate planning?


Who needs estate planning?


What is the attorney's role in the estate planning process?


What does a proper estate plan include?


What are some typical estate planning documents?


When should an estate plan be reviewed?


When is the right time to begin estate planning for myself?


What is an executor (personal representative) and what do they do?


Who should be my executor (personal representative) or trustee?


Does an executor (personal representative) get paid?


What is intestate?


What do testate and intestate mean?


What is an advance directive?


What is a trustee?


What is a Lady Bird Deed?


What impact do the beneficiary designations on my life insurance policies, annuities, and retirement accounts have on my estate plan?


Should I consider long-term care insurance during the estate planning process?


Should I consider life insurance during the estate planning process?


Must I leave something to my spouse and my children in my will?


Should I add my family members name on my assets and avoid a will?


Is there anything that I can do if I realize that my parents' estate planning is incomplete or outdated?


Is signing a will a formal process?


I did some estate planning in the past with my financial advisor. Should I still consult an estate planning attorney?


How can an estate plan make things easier on my family after I die?


Does the way in which I hold title make a difference in my overall estate plan?


Will my estate be subject to any taxes, and if so, what types of tax?


Do life insurance or retirement benefits need to go through my estate?


Wills & Trusts

What does it mean to fund a trust?


What benefits does a trust offer?


What are trusts?


I do not trust my child's spouse. How can I protect my child's inheritance?


How does someone establish a supplemental needs trust?


Does a will control all of my property


What is a will?


What is a living will?


Do I need the original will?


Do I need a will?


Can a beneficiary also be a witness to my will?


Are there other ways of leaving property to my beneficiaries other than through a will or a trust?


Revocable Living Trust

Will I still have control over my property if I have a revocable living trust?


Why should I consider creating a revocable living trust?


Is it quicker and cheaper to settle an estate in which a revocable living trust was used rather than just a will?


Is a revocable living trust available to the public like a will?


If I create a revocable living trust, do I still need a will?


How does a revocable living trust avoid probate?


Does a revocable living trust offer asset protection?


Do I need a revocable living trust?


Do I need a new asset protection plan, trust, or will if move to a new state?


Health // Long Term Care // Medicaid

Why have health directives?


Who can serve as my health care agent?


What should I consider when developing a plan for long-term care services?


What should I consider when developing a long-term care plan in Florida?


What is the penalty period with Medicaid?


What is Medicaid?


What is long-term care?


What is long-term care insurance?


What are the common mistakes in Medicaid asset protection planning?


Regarding Medicaid, what does spend down mean?


My financial advisor is telling me to buy a long-term care insurance policy, but with high premiums. What can I do?


Is there any way I can prevent nursing home costs from wiping out my parents' savings?


In Medicaid, what is a non-countable asset?


In Medicaid, what is a countable asset?


If I need a nursing home, will my spouse and children lose everything?


Are the rules for Medicaid different in each state?


Are there ways for me to protect some of my assets and still be eligible for Medicaid benefits?


Planning for Family

What should I do if I realize that my parents do not have an estate plan in place?


Our entire family works together to take care of our mother. Can we be paid for the things we do for her?


If my mother or father is not able to handle her or his own financial matters. What can I do?


Can my mother give away $10,000 with no problems?


How can we ensure that the guardians we named for our children have the resources to raise them well?


Power of Attorney

When does a power of attorney become effective?


What powers can I give through a power of attorney?


What is a power of attorney?


What are the advantages and disadvantages of a power of attorney?


Should I have a power of attorney for healthcare?


If I give someone power of attorney, do I forfeit my own rights to make decisions?


How does a power of attorney terminate?


Can I have a durable power of attorney that becomes effective only in the future?


Can I add my daughter's or son's name to my bank account instead of having a power of attorney?


Probate

What is the attorney's role in the probate process in Florida?


What is ancillary probate?


What is a formal probate?


What are the types of probate proceedings?


What are some of the steps in the probate process in Florida?


What are probate assets?


Should I avoid probate?


Special Needs

Why is it important for someone to put a special needs trust in place if they want to leave money?


What special planning should I do for my special needs child?


When considering a special needs trust, does it matter if the disabled person is young or old?


What is the difference between a first-party special needs trust and a third-party special needs trust?


What is SSI?


What is SSDI?


What is a special needs trust?


My adult child is disabled and never worked. Can she collect Social Security benefits?


MISC.

What is the notice to creditors?


What does tenancy by the entirety with right of survivorship mean?


What does tenancy by the entirety mean?


What does joint tenancy with right of survivorship mean?


What are letters of administration?


I now get government assistance, but may inherit a significant amount of money. Will my government benefits be reduced?


What is the penalty or disqualification period for transferring property?


What is the limit on the amount of assets and income a person receiving SSI can have?


Bill W.

“Ed did an outstanding job of understanding our needs and walking us through the Estate Planning Process. He was the ever present professional in all aspects of Estate Planning, as well as in delivering the services and products in a timely manner. We would highly recommend Ed to our friends and family for all their Estate Planning needs."

David V.

“Ed is thorough and complete. Covered all aspects of our estate planning, including details I would never have thought of. I have already recommended Ed to several friends and associates."

Jack and Rosalie

“Having Ed Smith prepare our Estate Planning turned out to be an easy and pleasant experience for us. Ed is not only very professional, but his skill in listening to us made us comfortable and eased any anxieties we had."

Aside from the above, we would also highly recommend him because of his ability and knowledge to simplify what was a daunting task for us.  During our visits, it was like talking to a compassionate friend and family member.

He encouraged us to call with any questions, which we did and he responded quickly. We believe we made a wise decision in having Ed Smith prepare our Estate Planning.

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