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Common Mistakes in Estate Planning

Common Mistakes in Estate Planning

Estate Planning is one of the crucial steps you can take to help secure your family's financial security.  Many people unknowingly make costly mistakes during this process.  You must understand the risks and pitfalls in order to avoid these errors.  In this blog we...

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DPOA and Medicaid Planning in 2023

DPOA and Medicaid Planning in 2023

 How a Florida Durable Power of Attorney Helps in Medicaid Planning A Durable Power of Attorney (DPOA) is a document that gives a trusted person of your choosing, the “Agent”, legal authority to act on your behalf regarding financial matters.  A DPOA withstands...

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2023 Medicaid Numbers

2023 Medicaid Numbers

How Much Can I Keep if My Spouse is On Medicaid? Nursing home residents receiving Medicaid must meet very strict asset and income limits.  Assets for a nursing home resident on Medicaid may not exceed $2000. But the "well-spouse" or community spouse is not limited to...

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The Hidden Disadvantages in Medicare Advantage

The Hidden Disadvantages in Medicare Advantage

 The Hidden Disadvantages in Medicare Advantage Soon we will be in Medicare “open enrollment” season. Expect to be overwhelmed with all those ads trying to convince you to enroll in a Medicare Advantage plan.  Medicare Advantage, also called a Medicare Part C Plan, is...

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Pet Trusts in Florida

Pet Trusts in Florida

Pet Trusts in Florida Have you given any thought to providing for your pet in case you die? If you are an animal lover, there is a good chance that at some point you will outlive your animal(s). Luckily in Florida we have a statute on point to allow you to pre-plan...

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Common Signs of Elder Abuse

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...

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Signing Requirements for Florida Estate Planning Documents

Signing Requirements for Florida Estate Planning Documents

Signing Requirements for Florida Estate Planning Documents Preparing Florida Estate Planning and Medicaid planning Documents is important. But even the most well-thought out and detailed document can be rendered pointless if it is not properly signed and executed....

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Why Choose an Elder Law Attorney?

Why Choose an Elder Law Attorney?

Why Choose an Elder Law Attorney? You may wonder why you should choose an Elder Law attorney.  Many people, even those over 65, feel that all they need are estate planning documents.  A typical husband and wife may have a few health issues but no real crisis.  We...

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When Should I Contact an Elder Law Attorney?

When Should I Contact an Elder Law Attorney?

  When Should I Contact an Elder Law Attorney? Legal needs and financial goals change throughout our lives.  Many issues arise later I life, which makes it essential to seek the guidance of someone experienced in Elder Law.  Working with an Elder Law attorney can...

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Personal Property: Too Much Stuff!

Personal Property: Too Much Stuff!

Personal Property: Too Much Stuff! Many clients refuse or neglect to downsize or organize their personal property while they can. It is easier to delay, thinking that there will be time in the future to declutter. This can cause problems for the children after mom and...

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2023 DIY Estate Planning

2023 DIY Estate Planning

The Trouble with Do-It-Yourself Estate Plans Many times clients think they have solved their division of assets (after their death) by making up an informal estate plan of their own device. They may name their most responsible child as Personal Representative or...

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What Happens if Well-Spouse Dies First?

What Happens if Well-Spouse Dies First?

What Happens if Well-Spouse Dies First? Many of our clients have the situation of one spouse needs nursing home care, and the other “well” spouse sell lives at home. When we are able to work with families on financial planning, we often can have the “sick” spouse’s...

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Steps to Set up and Manage an Irrevocable Trust

Steps to Set up and Manage an Irrevocable Trust

Steps to Set up and Manage an Irrevocable Trust A trust is a legal agreement between two or more parties that grants one party, or trustee, specified assets while the beneficiary, or the person for whom the trust is established, retains ownership of said assets. If...

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Red Flag for Nursing Homes

Red Flag for Nursing Homes

Nursing Home Warning Signs If you have an elder loved one who needs long-term care, how can you be sure that the facility you select will deliver the care, services, and attention your relative deserves?  How do you get past the hype in the facility’s marketing...

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MISCONCEPTIONS ABOUT MEDICAID

MISCONCEPTIONS ABOUT MEDICAID

On a regular basis we meet with families facing long term care issues who make decisions based upon an incomplete understanding of the laws and rules concerning Medicaid. Sometimes the information is obtained from friends and relatives who have navigated the Medicaid...

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VA Benefits

VA Benefits

VA benefits can make a real difference in quality of life, especially for older adults. But not everyone who is eligible will apply. Some will not apply because they believe VA benefits are a government handout. They don’t want charity, so they don’t apply. If you are...

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Splitting an Inheritance 

Splitting an Inheritance 

When you are in line to receive an inheritance, you probably look forward to improving your financial  situation. But what if you do not need the money? Or if you feel someone (a sibling or step-sibling) was  unfairly omitted? Can you give away part or all of your...

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As our parents age, it is natural that their abilities will change and decline over time.  So many people are unsure how to distinguish what is to be expected from something more ominous.  Certainly a memory loss may be an indication of a disease such as Alzheimer’s,...

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What to Do After a Loved One has Passed

What to Do After a Loved One has Passed

What to Do After a Loved One has Passed Even when it is expected, losing a love done is a traumatic and trying time.  Add to that the fact that so much needs to be handled right away. At Burzynski Elder Law, we understand how difficult the death of a loved one is, and...

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