In Florida, the average annual cost of a private room at a long-term nursing facility now hovers upwards of $90,000 annually, with a semi-private room around $83,000. With the oldest Baby Boomers turning 70 and the escalating incidence of chronic…
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Despite all the trauma that accompanies the death of a loved one, certain tasks must be attended to without too great a delay. If the decedent was receiving Social Security benefits, one of the tasks is notifying the Social Security…
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On October 30 Attorney Karp and his wife Debbie attended Bill Finley’s 93rd birthday party. Bill and his wife Anita are the managing editor and publisher, respectively, of Boomer Times and Senior Life magazine. Attorney Karp is a frequent guest on Anita’s Saturday…
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Important alert for parents of special needs children with intellectual disabilities: Make sure your child is IQ tested before age 18. First, some background: Florida’s Agency for Persons with Disabilities determines if an individual with a disability is eligible for…
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The story of Robert Morin will resonate with you if you’re mulling over the most effective way to leave assets to your loved ones (or organizations) in your estate plan. A University of New Hampshire alumnus who worked as a…
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SEE NOVEMBER 10, 2016 STATUS UPDATE ON THE NEW CMS RULE. CLICK HERE. Pre-dispute binding arbitration clauses will no longer be permitted in nursing home admissions contracts, the Centers for Medicare and Medicaid Services has ruled. The new rule goes…
moreThe attorneys and staff of The Karp Law Firm participated in the October 1, 2016 Walk to End Alzheimer’s in Jensen Beach. Monies raised fund research and provide services to patients and families. Karp’s Kommandos will also participate in the…
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Non-profit organizations are busy sending solicitations, knowing that many people will make year-end donations to reap tax benefits. However, as amply demonstrated in the press, not all charities are created equal. Some are scams, and there are differences in how…
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Taxpayers rolling over a distribution from an IRA or other retirement account into another account must complete the rollover within 60 days of taking the distribution, or face paying income tax on those funds. In the past, if you failed…
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If you are relying solely on the Social Security Administration staff or its website to help you determine when and how to take benefits, you should probably do a little more research. The General Accounting Office just released its analysis…
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