THYNES

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So far THYNES has created 50 blog entries.

Revocation-On-Divorce Law Upheld By Supreme Court

The Supreme Court of the United States recently held in Sveen v. Melin that the retroactive application of a revocation-upon-divorce statute to a contract signed before the statute’s enactment does not violate the Contracts Clause of the United States Constitution. The background of the case involved Mark Sveen designating his spouse, Kaye Melin, as primary [...]

By | 2018-10-04T20:23:39+00:00 August 24th, 2018|

Estate Planning Under The 2017 Tax Act

The 2017 Tax Act, which was signed into law in December, made dramatic changes in the estate and gift tax exemption amounts. This post focuses specifically on what is does to the estate and gift taxes and what that means for you. Highlights of the Act’s Estate and Gift Tax Changes:   Increased Exemptions with [...]

By | 2018-08-24T13:47:01+00:00 August 20th, 2018|

SSI Related Medicaid Programs With Full Benefits

Institutional Care Program (ICP) The institutional Care Program (ICP) helps people in nursing facilities pay for the cost of their care and other medical services. The person is determined to be in need of nursing facility services and appropriate placement as determined by the Department of Elder Affairs (DOEA), Comprehensive Assessment and Review for Long-Term [...]

By | 2018-08-24T13:35:36+00:00 August 17th, 2018|

What Is A Personal Representative?

The personal representative is the person, bank or trust company appointed by the judge to be in charge of the administration of the decedent’s probate estate. In Florida, the term “personal representative” is used instead of such terms as “executor, administrator and administratrix.” The personal representative has a legal duty to administer the probate estate [...]

By | 2018-08-24T13:37:30+00:00 August 7th, 2018|

Relationship Of Power Of Attorney To Other Legal Instruments

What is the difference between an agent and an executor or personal representative?   An executor, termed a “personal representative” in Florida, is the person who takes care of another’s probate estate after that person dies. An agent may take care of the principal’s affairs only while the principal is alive. A personal representative may [...]

By | 2018-08-24T13:38:33+00:00 July 25th, 2018|

Uncovered Medical Expense Deduction For FL Medicaid

What is an Uncovered Medical Expense Deduction (UMED)? An uncovered medical expense deduction (UMED) is a credit received for out-of-pocket medical expenses. The deduction reduces the amount the nursing facility or Medicaid services provider is paid each month and enables individuals to keep more money to pay for uncovered medical expenses. Who can receive the [...]

By | 2018-08-24T13:36:45+00:00 July 24th, 2018|

What Is Medicaid?

Medicaid provides medical coverage to low-income individuals and families. The state and federal government share the cost of the Medicaid program. Medicaid services in Florida are administered by the Agency for Health Care Administration. Medicaid eligibility in Florida is determined either by the Department of Children and Families (DCF) or the Social Security Administration (for [...]

By | 2018-08-24T13:34:03+00:00 July 13th, 2018|

What Happens When A Person Dies With No Will?

A person who dies without a will is considered intestate. When a person dies intestate, the state will take the decedent’s assets if the decedent does not have any heirs. The decedent’s heirs are the persons who are related to the decedent and described in the Florida statute governing distribution of the probate assets of [...]

By | 2018-08-24T13:31:28+00:00 July 2nd, 2018|

What Kind Of Property Can Be Disposed Of By Will?

Nearly all forms of property can be transferred through a will, however, certain property interests cannot. For example, property interests cannot transfer by will when they terminate upon the owner’s death or when rights are afforded to others pursuant to Florida law. The following is a list of common property rights and interests: A homestead [...]

By | 2018-08-24T13:30:14+00:00 July 2nd, 2018|