The federal estate and gift tax has long been the cause of confusion, due in part to frequent changes in the law over the past decades. Whether you have an estate plan in place or are just embarking on your…
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The American Association for Long-Term Care Insurance reports that as of January 1, 2020, 7.5 million Americans have some form of long-term care insurance. If you are thinking about purchasing a long-term care insurance policy, you should take into consideration…
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How can you protect yourself from exploitation and financial abuse if you become incapacitated? These crimes can be hard to spot. After all, perpetrators go to great lengths to present themselves as helpers, not hustlers. Fortunately there are steps you…
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Every Florida adult needs a valid Durable Power of Attorney. This essential legal document gives one or more people – your “agents” – the authority to handle financial matters on your behalf. It provides you with important protections, one of…
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Most parents do their best not to favor one child over another. That’s the case when the kids are young, and continues when they are grown. So when you are planning your estate, you probably want to be fair when…
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The Social Security annual cost-of-living adjustment (COLA) for 2021 has been announced: 1.3%. This is among the smallest increases ever, and the smallest since 2017. According to the Social Security Administration, the 1.3% increase will translate to an additional $20 for…
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For most people, the ultimate goal of estate planning is to promote family harmony. If your family members get along well, you want your plan to encourage more of the same. If they don’t, you want to avoid adding more…
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Veterans and their families have access to several Florida tax exemptions for homestead property. One more is on the ballot this November: Florida Amendment 6 – Ad Valorem Tax Discount for Spouses of Certain Deceased Veterans Who Had Permanent, Combat-Related…
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With our attention focused on COVID 19, we remain mindful that another plague continues to stalk us. Alzheimer’s Disease currently afflicts over 5 million Americans age 65 and up. Many of our clients and their families are among them, and…
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Age? Just a number for Giuseppe Paterno. On July 29, he became the oldest person ever to graduate college in Italy, reports Reuters. Paterno is 96. Born in Sicily in 1923 into humble circumstances, higher education wasn’t in the cards…
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