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Category Archives: Estate Planning

Why Estate Planning Awareness Week Matters More than Ever During COVID

Why Estate Planning Awareness Week Matters More than Ever During COVID

By Paul E. Riffel |

Did you know that October 16, 2020, marks the beginning of National Estate Planning Awareness Week? It is a week to highlight the importance of estate planning and its benefits for our economic future and health care decision-making. COVID-19 has brought many things to the forefront of our attention. Of those we should prioritize… Read More »

Creating an Addiction Trust for a Loved One with Substance Abuse Issues

Creating an Addiction Trust for a Loved One with Substance Abuse Issues

By Paul E. Riffel |

This September, during National Alcohol & Drug Addiction Recovery Month, we look to provide support to families whose loved ones are struggling with substance abuse issues or are in recovery. Do you have a family member with substance abuse issues? If so, you may have realized that planning for their future can be full… Read More »

Leaving Estate Assets to Charity Often Makes Financial Sense

Leaving Estate Assets to Charity Often Makes Financial Sense

By Paul E. Riffel |

While you cannot take money with you when it is all said and done, have you considered giving it away to help others? Whether that means giving to family members or a charity is up to an estate-holder, but giving to both could make financial sense. Few things can be as rewarding as charitable… Read More »

The Importance of a Living Will And How You Can Get One For Free

The Importance of a Living Will And How You Can Get One For Free

By Paul E. Riffel |

Sometimes, a loved one reaches a point of incapacitation in a terminal, end-stage condition. Unable to communicate critical health care decisions for himself or herself, family and friends may be left to guess at what he or she would have wanted. Have you heard of a living will? A living will gives you the… Read More »

Medicaid

What’s the difference between Medicare and Medicaid?

By Paul E. Riffel |

Many people confuse the two programs of Medicare and Medicaid – and with such similar names, it’s not surprising! Here’s the difference: Medicare is a program that all Americans are entitled to at the age of 65 (or earlier if disabled). Generally, Medicare does not pay for nursing home care. It will however cover… Read More »

ElderLaw3

Nursing home care is expensive

By Paul E. Riffel |

As people age, they are often surprised to learn how much nursing homes cost. Nursing home bills often run $85,000 or more annually, and many seniors quickly deplete their life savings trying to pay for the care, treatment and support they need. Because of these, a good estate planning attorney will take into consideration… Read More »

New Health Care Surrogate Form

By Paul E. Riffel |

As of October 1, 2015 the Florida health care surrogate law was revised. This new revision allows the health care surrogate to become effective immediately without needing to prove the signor is incapacitated. This is very important since it can save a lot of time having the health care surrogate accepted. For example, under… Read More »

Wills

The truth about will-preparation software

By Paul E. Riffel |

Even people who use software to create their own wills should meet with an estate-planning attorney, according to an article in the New York Times. The author of the Times article used several programs to draft her will, and then she met with an attorney to discuss her drafts—and their errors and potential problems…. Read More »

EstPlan

Do you need a will?

By Paul E. Riffel |

Fewer than half of American adults have wills, according to a survey reported on by the New York Times. “No one likes to think about dying — and that is probably one reason most Americans lack wills,” the article states. Another reason: “I just haven’t gotten around to it.” But this is a dangerous… Read More »

The importance of having a will

By Paul E. Riffel |

It is so important that you have a properly drafted will in place. Nelson Mandela, former President of South Africa, passed away Dec. 5. He had a will that will divide up his estate, which has an estimated value of $4.1 million, excluding royalties.  A family trust was also set up to provide for… Read More »

Tampa Estate Planning Attorney

Paul Riffel Law is located in Tampa FL and serves clients in and around Brandon, Tampa, Valrico, Odessa, Thonotosassa, Gibsonton, Sydney, Dover, Land O Lakes, Oldsmar, Apollo Beach, Lithia, Safety Harbor, Trilby, Plant City, Durant, Holiday, Hillsborough County and Pasco County.

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Tampa, FL 33612

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