VA Veterans Pension, Survivors Pension, and Aid and Attendance: How to Get Approved for a Tax-Free, Lifetime Pension From the VA The VA Pension, also known as Aid and Attendance, is one of the VA benefits that most Veterans have
Daily & Toups Blog
The Daily & Toups Blog, published by the Law Offices of Daily & Toups, focuses on legal topics related to estate planning, elder law, tax law, and probate services primarily in Florida. The blog covers practical issues such as choosing trustees, understanding probate processes, distinctions between wills and trusts, and specific Florida property laws like Lady Bird deeds and homestead applications. It also addresses tax-related matters including IRS audits, tax appeals, and payroll tax responsibilities for businesses. The content aims to inform readers about legal strategies for asset protection, Medicaid planning, and navigating complex tax and probate procedures.
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Prenuptial Agreements in Florida
Prenuptial agreements (aka prenups or premarital agreements) have become more and more popular as couples wish to protect their assets or inherited assets from divorce. When drafted well and negotiated fairly, prenups can be an important tool to protect assets,…
Guardianships for Seniors in Florida
What is A ‘Senior’ or ‘Adult Guardianship’? When a person is no longer able to manage their finances or take care of their own health care needs, an adult guardianship in Florida may need to be established. Thanks to advances…
Asset Protection in Florida: Protecting Your Hard Earned Assets
What Does it Mean to Take Asset Protection Measures? Asset protection planning is when you structure your assets and your wealth in a way that safeguards it against future creditors and litigants who could have claims against it. Unfortunately, we…
Veterans’ Benefits for Seniors in Florida
Are You Caring For A Senior Veteran In Florida? They May Have Benefits Many families in Florida who are caring for an aging Senior Veteran here in Florida are unaware of the many benefits that the Department of Veterans Affairs…
What is a Special Needs Trust in Florida?
A special needs trust, also known as a supplemental needs trust, are commonly used tools to protect assets for disabled children or beneficiaries.
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Florida Homestead: Creditor Protection and Tax Benefits
Making your primary residence in Florida your homestead provides you with both tax benefits and an unlimited creditor protection against most creditors/lawsuits. This Article will cover the basics of Florida Homestead and the great benefits of making your primary residence…
Protecting your Assets in Florida: Which Assets are Protected by Florida Law?
Florida has arguably some of the best laws in the country when it comes to protecting your assets from creditors. Some of these asset protection laws are found in the Florida statutes (statutory law) and some are derived from Florida’s…
What is Tenants by the Entireties in Florida?
Tenants by the Entirety is a special form of joint ownership between married couples here in Florida that provides a significant amount of asset protection for any assets owned as Tenants by the Entirety. While roughly twenty states have laws…
How Much of My Income Will Go to the Nursing Home? – Florida Nursing Home Medicaid
If a Florida Nursing Home Medicaid applicant is applying for ICP Medicaid (nursing home Medicaid), then there a patient responsibility. Patient responsibility is the amount of money per month that a Medicaid applicant must contribute to pay for his or…