by Jill Burzynski | Jul 10, 2015 | Financial Products and Issues
The Governor recently signed a bill into law that may help to curb the growing exploitation problem in the state. Financial exploitation of the elderly is less reported than other forms of abuse. It is believed that only 1 in 14 cases of financial exploitation against...
by Jill Burzynski | Jul 10, 2015 | Estate Planning, Medicaid
As the end of the year approaches, many may be thinking about utilizing the $14,000 annual gift tax exclusion. The annual gift tax exclusion makes it possible to give money to any number of people without having to pay gift or estate taxes. Annual gifting to children...
by Jill Burzynski | Jul 10, 2015 | Caregiver Issues, Financing Long Term Care, Health Care Advocacy, Medicare
Earlier this year, chronically ill persons who had had their Medicare benefits discontinued because they were told that they were not improving filed a lawsuit in Vermont federal court Jimmo, et al vs. Sebelius, 5:11-CV-17, (D. VT., January 18, 2011). Historically,...
by Jill Burzynski | Jul 10, 2015 | Estate Planning, Probate and Trust Administration
Many times clients have expressed to me that they have decided to not only name their most responsible child as Personal Representative or Trustee in their estate planning documents, that they have also titled assets in that responsible child’s name or left him as the...
by Jill Burzynski | Jul 10, 2015 | Estate Planning, Financial Products and Issues
In 2010, the long standing homestead law in Florida changed. The old law provided that (as long as there was no pre or post nuptial agreement waiving rights) a surviving spouse was entitled to at least a life estate in the home. For instance, if a married couple lived...