The difference between a Living Will and a Last Will & Testament.

Author

Martella Law Firm

For more information about the author, click to view their website: Martella Law fIRM

Posted on

Dec 13, 2024

Book/Edition

Florida - Sarasota, Bradenton & Charlotte Counties

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Local Services By This Author

Martella Law Firm

Elder Care Planning & Consulting 18245 Paulson Drive, Port Charlotte, Florida, 33954

At Martella Law, we are dedicated to helping families prepare for when "life happens." We assist individuals and couples in transferring their hard-earned assets to loved ones and navigating end-of-life challenges for themselves and their parents.Areas of PracticeEstate PlanningWe offer solutions for those looking to protect their most important assets, namely their loved ones. In addition to a complimentary, confidential, no obligation initial consultation, either in person, or via phone or Zoom, I am also willing to go to a home or medical facility if you are not physically able to travel (at no additional cost). Learn more.Probate ServicesWe help heirs navigate the court-supervised process of identifying and gathering the assets of a deceased person to transfer to beneficiaries. Probate is the legal process after someone dies to settle their estate and distribute their assets to heirs or beneficiaries. It is a court-supervised procedure that ensures the deceased persons debts are paid, and their remaining assets are distributed according to their Last Last Will & Testament, or if there is no Last Will & Testament, according to Floridas intestate succession law.Unfortunately, you are most likely going through the grieving process when the issue of a probate comes up, and the last thing you want to do is to be buried in paperwork and responsibilities if you are the Personal Representative under a Last Will and Testament, or facing an even worse situation where there is no Will. At the Martella Law Firm, we generally recommend to take the first 30 days to take care of yourself and your family and grieve the loss of your loved one. There is nothing that is an emergency. The bank is not going to foreclose on the mortgage immediately, and the credit card companies and hospitals may or may not have an enforceable claim against the estate. Once you have had an opportunity to catch your breath and get control of your emotions, we can sit down together and work out a plan regarding how to get your loved ones affairs in order and handle their estate in an organized and orderly fashion. Medicaid PlanningWe focus on the primary financial considerations and requirements to qualify for Medicaid payments for nursing home care. TOO OFTEN, the first time anyone thinks about how they are going to pay for nursing home care (also known as skilled nursing care), is when they, or a loved one, needs it. Most of us assume that we will go on living our relatively healthy lives and it is not something that we need to think about. At the Martella Law Firm, we strive to educate you on the requirements to meet Medicaid eligibility to cover nursing home expenses. We also partner with experts in the field to assist you and/or your loved one in processing the application, and preparing the legal documents necessary to get you qualified.Trust AdministrationTrust administration ensures your assets are passed without needing to pursue the probate process for assets properly placed in a trust. If you are a Trustee of a trust and have never had that responsibility before, it can truly be overwhelming. At the Martella Law Firm, we will hold your hand through the process and will guide you through what you need to do to make it as stress free as possible. Small Business ConsultingFrom helping you decide what type of entity you should be to ensuring your documents are in place, we assist budding entrepreneurs in pursuing the "American Dream." Many small business owners go on-line and form a business but do nothing more to protect themselves by properly acting like a corporation. If you havent followed the statutory requirements, you could expose your personal assets to business debts. At the Martella Law Firm, we strive to not only make sure you are properly formed, but also, that you maintain your company in conformance with the legal requirements, so that you dont expose yourself to a creditor piercing the corporate veil and going after your personal assets.Meet Mark MartellaMy passion lies in educating the public about the truth concerning proper estate planning to protect individuals and their families. I'm here to prepare you for when "life happens!" While I have been preparing estate planning documents for over 30 years, I never actually saw them in action until my experiences with my Mom. It was then that I realized their importance in making a very stressful time go more smoothly for the family members involved in a parents care. I have since decided to make it my mission to help as many people as I can to have the documents and plans they need in place, before an unexpected life event occurs and its too late. Learn more.Contact UsI offer a complimentary, confidential consultation in person, or via Zoom or phone if that is more convenient. I am even willing to go to someones home or medical facility for a consult and document signing if they are unable to travel due to physical limitations.Please call Tara at my Port Charlotte office at 941-867-6865. I am conveniently located at: 18245 Paulson Drive, Port Charlotte, FL 33954

Martella Law Firm

Business Planning & Consultation 18245 Paulson Drive, Port Charlotte, Florida, 33954

At Martella Law, we are dedicated to helping families prepare for when "life happens." We assist individuals and couples in transferring their hard-earned assets to loved ones and navigating end-of-life challenges for themselves and their parents.Areas of PracticeEstate PlanningWe offer solutions for those looking to protect their most important assets, namely their loved ones. Learn moreProbate ServicesWe help heirs navigate the court-supervised process of identifying and gathering the assets of a deceased person to transfer to beneficiaries. Learn moreMedicaid PlanningWe focus on the primary financial considerations and requirements to qualify for Medicaid payments for nursing home care. Learn moreTrust AdministrationTrust administration ensures your assets are passed without needing to pursue the probate process for assets properly placed in a trust. Learn moreSmall Business ConsultingFrom helping you decide what type of entity you should be to ensuring your documents are in place, we assist budding entrepreneurs in pursuing the "American Dream." Learn moreMeet Mark MartellaMy passion lies in educating the public about the truth concerning proper estate planning to protect individuals and their families. I'm here to prepare you for when "life happens!"Contact UsI offer a complimentary, confidential consultation in person, or via Zoom or phone if that is more convenient. I am even willing to go to someones home or medical facility for a consult and document signing if they are unable to travel due to physical limitations.Please call Tara at my Port Charlotte office at 941-867-6865. I am conveniently located at: 18245 Paulson Drive, Port Charlotte, FL 33954

Martella Law P.A.

Probate 18245 Paulson Drive, Port Charlotte, Florida, 33954

At Martella Law, we are dedicated to helping families prepare for when "life happens." We assist individuals and couples in transferring their hard-earned assets to loved ones and navigating end-of-life challenges for themselves and their parents.Areas of PracticeEstate PlanningWe offer solutions for those looking to protect their most important assets, namely their loved ones. Learn moreProbate ServicesWe help heirs navigate the court-supervised process of identifying and gathering the assets of a deceased person to transfer to beneficiaries. Learn moreMedicaid PlanningWe focus on the primary financial considerations and requirements to qualify for Medicaid payments for nursing home care. Learn moreTrust AdministrationTrust administration ensures your assets are passed without needing to pursue the probate process for assets properly placed in a trust. Learn moreSmall Business ConsultingFrom helping you decide what type of entity you should be to ensuring your documents are in place, we assist budding entrepreneurs in pursuing the "American Dream." Learn moreMeet Mark MartellaMy passion lies in educating the public about the truth concerning proper estate planning to protect individuals and their families. I'm here to prepare you for when "life happens!"Contact UsI offer a complimentary, confidential consultation in person, or via Zoom or phone if that is more convenient. I am even willing to go to someones home or medical facility for a consult and document signing if they are unable to travel due to physical limitations.Please call Tara at my Port Charlotte office at 941-867-6865. I am conveniently located at: 18245 Paulson Drive, Port Charlotte, FL 33954