I had a great experience with attorney Heidi S. Webb and her team. My father passed away in Florida and left me some property. I live in Massachusetts so I wanted to sell it. Heidi and her team represented me. Heidi was able to quickly put the property on the market and get it sold quickly as well. She put in the extra effort and was able to find a buyer willing to pay significantly above the listing price. I couldn't be happier with the way she handled everything for me and how she made a difficult time in my life much easier. Heidi and her team were very professional but there was also a very personal touch as well. I highly recommend Heidi S. Webb to handle any of your needs. You will be happy you did! Thanks again to Heidi, Molly and the rest of the team!

~ Matthew P

Heidi is amazing! She prepared all of our estate documents. She took the time to understand our needs, prepared everything based upon our needs and desires, and explained everything thoroughly, yet in terms that were easily understood. I HIGHLY recommend Heidi! She's very knowledgeable, professional and accessible. She also has an amazing staff!

~ Merry S

Protecting Against Elder Financial Exploitation Through Estate Planning

Elder financial exploitation is an alarming and growing problem. This abuse can involve the illegal or unauthorized use of an older person’s funds, property, or assets. Fortunately, thoughtful estate planning can provide robust protection against this threat. Here’s how.

Durable Power of Attorney (POA)

A durable POA allows you to name a trusted individual to manage your financial affairs if you become incapacitated. This document can limit the agent’s powers to specific transactions, adding a layer of protection against potential abuse.

Revocable Living Trusts

By placing assets in a revocable living trust, you can maintain control over them while providing clear guidelines if you need help managing them yourself. You can name a trusted successor trustee who is legally obligated to follow the guidelines you’ve laid out.

Regular Financial Reviews

Scheduling regular financial reviews with your attorney or financial advisor, ideally in the presence of a trusted family member, can provide an additional set of eyes to spot any irregularities.

Guardian Designations:

Guardianship designations can be a powerful tool to ensure that a court appoints someone you trust to manage your affairs.

Reporting Mechanisms

Include mechanisms for reporting suspected abuse to the proper authorities in your plan, providing a clear pathway to address concerns if they arise.

Working with a Reputable Estate Planning Attorney

A skilled estate planning attorney can craft an estate plan with the necessary safeguards tailored to your unique situation.

Protecting against elder financial exploitation is a complex but vital aspect of estate planning. By working closely with experienced professionals, you can create a plan that minimizes risks and provides peace of mind for you and your loved ones.

If you’re in Florida and need assistance protecting your estate against potential exploitation, Heidi S. Webb, Attorney at Law, can help. Contact her today to discuss your needs.

Heidi S. Webb, Attorney at Law, serves clients in Daytona Beach, Ormond Beach, Port Orange, and beyond with matters of Estate Planning and Probate. Contact her today to schedule a free consultation. Visit her page on Facebook, or see what her clients are saying to learn more about Heidi.

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