Common Signs of Elder Abuse
Elderly individuals often go through health issues they did not experience when they were younger and may have been unprepared to deal with. Other seniors might have few living friends, and relatives scattered far from Florida. This makes aging difficult both physically and emotionally. On top of the expected woes of aging, many elderly...Read More
How to Help a Family Caregiver
Family caregivers sacrifice their own financial security, family time, and health to provide uncompensated care for elderly or disabled family members who need help. Over 40 million Americans are thrust into the role of family caregiver, sometimes unexpectedly. These caregivers provide more than 34 billion hours of uncompensated care each year for a total value...Read More
When do You Need Crisis Medicaid Planning?
Medicaid is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care costs. Long-term care often creates devastating financial impacts on Americans, especially the elderly and disabled, and for those family members who lose hours of income while providing care for their loved ones. ...Read More
Annual Exclusion and Long-Term Care Planning
Many of our clients have been in the habit of making annual gifts to their children and other beneficiaries. These gifts are thought of as “annual exclusion” gifts because the IRS allows anyone to give up to the maximum amount (currently $15,000 per beneficiary) without filing a gift tax return and without reducing your lifetime...Read More
Dangers of Trying to do Your Own Estate Plan
People often wonder why they can’t just do their own estate plan. There are will forms on the internet. Banks try helpfully suggesting you add your kids as pay-on-death to your accounts. What’s the big mystery? We view it like medical care. Yes, you can find support in internet sites to diagnose your own medical...Read More