Four Critical Powers You Need in Your Power of Attorney

Four Critical Powers You Need in Your Power of Attorney

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...
Is It True Medicare Will Not Pay for Long-Term Care?

Is It True Medicare Will Not Pay for Long-Term Care?

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...
7 Facts Baby Boomers Need to Know About Estate Planning

7 Facts Baby Boomers Need to Know About Estate Planning

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...
Long-Term Consequences of Elder Adult Falls, and How to Avoid Them

Long-Term Consequences of Elder Adult Falls, and How to Avoid Them

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...
What Are My Options for Long-Term Care Planning in a Crisis?

What Are My Options for Long-Term Care Planning in a Crisis?

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...
Planning for Loved Ones with Chronic Conditions

Planning for Loved Ones with Chronic Conditions

Preparing for the future can be daunting, particularly when it comes to the safety and protection of your loved ones. Unfortunately, unexpected circumstances can, and frequently do, arise. Your loved one’s diagnosis of a chronic condition, for example, may be an unanticipated life event that you find yourself unprepared for. One of the most effective ways to plan for your loved one’s future care is to be proactive and plan ahead. To help ease...