Many of our clients want to plan for their children’s future, when drafting their estate plans. However, some of our clients are concerned about their child’s spouse accessing the inheritance.
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While each client has different concerns and requires tailored estate planning, one question we often hear relates to protecting the inheritance of the spouse of their child.
So can inheritance be protected from a spouse of your child?
Yes, there are…
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A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.
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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone.
A…
Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.
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While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.
A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.
Compliance Risk Assessments…
A new creperie and coffee shop is set to open inside the technology business incubator under construction in St. Petersburg.
Point Chaud Coffee & Crepes signed a sublease to be in the Ark Innovation Center, the Tampa Bay Innovation Center announced in a news release Thursday. The cafe chain, founded in 2005, has roots in Washington, DC, and Maryland, and this will be its first Florida location.
The cafe is designed to foster collaboration between business professionals, innovators and investors who will be at the incubator, the release said. It will have an outdoor patio and free internet. Point Chaud…
We’ve got you covered. If you know a recent high school graduate, you should find out if they have a simple estate plan to allow their parents or guardians to make medical and financial decisions if they are incapacitated.
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With high school graduation season in full swing, it is essential to remember that at age 18, parents no longer have the right to make medical and financial decisions for their child,…
Many of our estate planning clients have children and want to protect their children.
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While concerns vary, protecting children is a huge part of estate planning.
When parents have minor children, estate planning is essential. It allows parents to pick guardians for their children. This will ensure that they have peace of mind knowing who will care for their minor children.
This will also prevent court fights over guardianship.
Parents with…
If you are getting remarried, it is essential to understand your spouse’s inheritance rights.
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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.
You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.
Then, you want to be familiar with the intestacy laws in your…
A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals.
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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.
Protected health information (PHI) continues to hold its value on the dark web and is a constant target of cybercriminals.
With the recent growth of telehealth and healthcare technology, we have seen a large increase in cybercrime and…