The Coleman Law Firm, PLLC
Attorneys and Counselors at Law
9250 Baymeadows Road, Suite 450
Jacksonville, Florida 32256
Phone:  (904) 448-1969
Fax:  (904) 448-5244
Toll Free:  (888) 492-2468
Email:  info@TheColemanLawFirm.net
Our 30+ Years of Experience Can Help You Achieve Peace of Mind

Estate Planning, Probate, Elder Law, Medicaid Planning, Asset Protection, Wills & Trusts
9250 Baymeadows Road, Suite 450
Jacksonville, Florida 32256
Phone:  (904) 448-1969
Toll Free: (888) 492-2468
Fax:  (904) 448-5244
Email:  Info@TheColemanLawFirm.net
Estate Planning FAQs


What is Estate Planning?




1.    What is a revocable living trust, and why should I consider using a revocable living trust for my estate planning?

2.    What does it mean to "fund" my revocable living trust, and why is that important?

3.    What are the duties and responsibilities of the Trustee of my revocable living trust?

4.    Who should be the trustee of my revocable living trust?

5.    Who should be the beneficiary of my individual retirement accounts (IRAs)?

6.    Should I convert my traditional IRA to a Roth IRA?

7.    What is a life insurance trust, and why would want a life insurance trust?

8.    Do I have to be concerned with estate taxes?

9.    What is a Charitable Remainder Trust and how can I benefit from one?

10.  What is Probate in Florida?

11.  What is a Guardianship under Florida Law?

12.  How do I apply for Medicaid Benefits to pay for Nursing Home Care?

13.  What are VA Pension Benefits, and do I qualify for those benefits?

14. Do I need a Last Will and Testament?

15.  What is a Living Will and why do I need or want one?

16.  What is a Durable Power of Attorney?

17.  What is Elder Law and what does an Elder Law Attorney do?

18.  What do I do if I have a child who has special needs because of a mental for physical disability?

19.  How do I find an Estate Planning attorney or Elder Law attorney who can really help me?

19.    How do I know how much deposit insurance coverage I have through the FDIC for certificates of deposit at my bank that are titled in the name of my trust?

        The amount of deposit insurance coverage you have for the accounts titled to your trust depends on a number of factors.  The rule for determining the amount of deposit insurance provided by the FDIC for a trust is that each "owner" of the trust receives up to $100,000 of deposit insurance coverage for each "qualified" "beneficiary," for a revocable trust, and $100,000 for
each "beneficiary" of an irrevocable trust, subject to various restrictions and qualifications.

        For more detailed information, please see the 
Complete FDIC Guide to Calculating Deposit Insurance Coverage for Revocable and Irrevocable Trusts.

        Back to Top of Estate Planning FAQ Page


If you need the assistance of a Jacksonville attorney for estate planning matters, please contact your Jacksonville lawyer for estate planning at The Coleman Law Firm, by calling 448-1969, toll free at 888-492-2468, or email us at Info@TheColemanLawFirm.net.