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Exploding Myths About Florida Estate Planning

By Nici Law Firm, P.L. |

Estate planning can be a complex and intimidating endeavor for anyone, regardless of how much wealth they have (or do not have). Too many people try to do it themselves, instead of relying on the advice of a legal professional. Because there is so much information out there, though, the average person can be… Read More »

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Does A Single Person Need Estate Planning?

By Nici Law Firm, P.L. |

Data from the U.S. Census Bureau states that in 2018, there were approximately 110.6 million unmarried people in the country, with 63 percent of them never having been married. Given the lack of family, it can be understandable as a single person to assume that estate planning is unnecessary; after all, many single people… Read More »

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What Does Having A Florida Domicile Mean For Me?

By Nici Law Firm, P.L. |

Many people come to Florida for visits, or choose to stay for part of the year, but return to other states when the weather changes. Some, however, choose to stay. While one is not required to officially become a Florida resident, if someone does choose to legally adopt Florida as their domicile, it may… Read More »

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Florida Estate Planning Evolves As COVID-19 Pandemic Continues

By Nici Law Firm, P.L. |

The law must evolve in order to truly serve the people it governs, and since the advent of the COVID-19 pandemic, legal professionals are beginning to look for ways to change things to make things easier for their clients. One way has been in estate planning – even before the onset of the pandemic,… Read More »

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Florida Asset Protection and Estate Planning

By Nici Law Firm, P.L. |

When the average person hears the phrase ‘asset protection,’ it likely conjures up images of rich people hiding assets from the reach of the law. However, in reality, asset protection is for everyone who has assets, regardless of wealth – it is far too easy for a deceased person’s beneficiaries to lose assets to… Read More »

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Sudden Health Crises Require Proper Estate Planning

By Nici Law Firm, P.L. |

While most people do not think about their health until they lose it, it is important to ensure that you have a plan in place to contend with a sudden health crisis. It is a good idea for everyone, but particularly those who may have health conditions or may be particularly susceptible to COVID-19…. Read More »

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Florida Probate & Prenuptial Agreements

By Nici Law Firm, P.L. |

For a variety of reasons, more and more couples in Florida are executing prenuptial agreements before they marry. Prenuptial agreements, often called ‘prenups,’ can serve as contracts between the spouses, disposing of potential future issues like asset disposition and alimony in the event of a divorce. However, they may also deal with probate-related issues… Read More »

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The Role of a Personal Representative in Probate

By Nici Law Firm, P.L. |

When a loved one passes away, a personal representative (PR, also called an executor) is needed to oversee the disbursement of their assets and debts to their heirs, and carry out numerous other duties relating to probate. If you have been named PR of an estate, you are now duty-bound to carry out the… Read More »

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The Florida Elective Share Statute

By Nici Law Firm, P.L. |

In order to protect the surviving spouse of a person who passes away in Florida, the state has what is called an elective share statute, granting the surviving spouse a share of their deceased spouse’s estate so the surviving spouse is not disinherited. Florida law states that the surviving spouse is entitled to an… Read More »

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Medicaid Eligibility and Estate Planning in Florida

By Nici Law Firm, P.L. |

According to the Florida Health Care Association, the average cost of care in a Florida assisted living facility is around $48,000 per year, with a private room in a nursing home costing even more – around $100,000 per year. These types of costs are simply untenable for the majority of Floridians, and because of… Read More »

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