Navigating Holiday Gifting to Loved Ones in Light of a Potential Need for Medicaid

Navigating Holiday Gifting to Loved Ones in Light of a Potential Need for Medicaid

The holiday season is a time of warmth, celebration, and the joy of giving, particularly cherished by elders who delight in sharing gifts with their loved ones. It is a season where the act of giving, especially to children and grandchildren, becomes a symbol of love and family tradition.  Many senior adults find great satisfaction in the act of giving, feeling fulfilled by the abundance they can share and the happiness it brings to their...

Can I Rely on Medicare to Pay for the High Costs of My Long-Term Care? (National Long-Term Care Awareness Month)

As you age, are you concerned about how you will care for yourself if you become incapacitated or disabled or just unable to care for yourself? Do you have any long-term care plans in place? Will you rely on Medicare to pay for the high cost of your long-term care? Figuring out healthcare costs in senior years is no small task. And, in fact, as the population ages, there are an increasing number of individuals requiring long-term care services....
Reasons Why Updating Your Estate Plan Following a Relocation to Florida is Critical

Reasons Why Updating Your Estate Plan Following a Relocation to Florida is Critical

Have you ever thought about how often you have moved in your life? In fact, American society has never been more mobile. There are many reasons people move, but a move across state lines may have been motivated by lower taxes, better job prospects, warmer weather or a desire to be closer to one’s grandchildren. Whatever the reasoning, moving to a different state is a signal that updating your estate plan is necessary. This is because each...
Do You Have the Right Health Care Decision Maker in Place?

Do You Have the Right Health Care Decision Maker in Place?

Determining the right health care decision maker for you is an important aspect of estate planning. Your health care decision maker will have the important role of making medical decisions on your behalf if you become unable to do so due to incapacity or illness. Your health care decision maker should be able to act as you and make the decisions you would, not substitute their judgment for yours. This is an important role in any estate plan. We...
Key Provisions to Look for in Your Existing Power of Attorney

Key Provisions to Look for in Your Existing Power of Attorney

In the realm of legal and financial matters, having a solid Florida estate plan in place is paramount. A crucial component of any comprehensive estate plan is a durable power of attorney. This vital document bestows the legal authority upon a trusted agent to make important decisions on behalf of the principal, especially in circumstances when they are unable to act or are absent.  Whether it is granting the power to take action on real...