by Allen L. Poucher, Jr | Nov 4, 2019 | Blog
A durable power of attorney is a written document by which a person designates another to transact his or her business. The attorney-in-fact has the full authority to perform, without prior court approval, every action authorized and specifically enumerated in the document. This authorization may even include the authority to sell or mortgage the principal’s real property, including his or her homestead. An existing durable power of attorney...
by Allen L. Poucher, Jr | Oct 21, 2019 | Blog
Medicare is our country’s health insurance program for people age 65 or older. The program helps with the cost of health care for seniors, but it does not cover the cost of most long-term care or all of a person’s medical expenses. Medicaid provides medical coverage and the cost of most long-term care for those who qualify for the program. By contrast, Medicaid nursing home services are only provided for those who qualify for the program and...
by Allen L. Poucher, Jr | Sep 30, 2019 | Blog
More than 10,000 Baby Boomers turn 65 years old every day. It is an astonishing statistic that underscores the importance of planning for one’s future, and beyond. We know just how important Florida estate planning is for you and your family. This is just one of the reasons why this October, as we celebrate National Estate Planning Awareness Week with the National Association of Estate Planners, we want to share seven facts every Baby Boomer...
by Allen L. Poucher, Jr | Sep 23, 2019 | Blog
Falls are devastating for older adults and, unfortunately, they are fairly common. In fact, one in four adults age 65 or older will likely fall this year, with elderly seniors making up the lion’s share. Of those affected, several million will be treated in hospital emergency rooms, where hundreds of thousands will be admitted for serious injuries, like fractured hips and concussions, and thousands more will die. The long-term consequences are...
by Allen L. Poucher, Jr | Sep 2, 2019 | Blog
It is never easy to think about a time when you or your parents may not be able to live independently anymore. Unfortunately, however, as we age, there may come a time when we need to consider living outside the home to obtain the long-term care assistance we need. Planning forward for a potential need for long-term care, although difficult to think about, is critical to ensure that you and your family have a plan in place before a crisis...
