Medicaid benefits for long-term care can help families retain a significant portion of their savings when a loved one needs long-term nursing home care. Long-term care is exceptionally expensive: In 2023, the average monthly cost for a nursing home was…
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Florida homeowners are entitled to a variety of homestead exemptions on their primary property. The exemptions are deducted from the assessed value of the home, thus reducing the homeowners’s annual property tax bill. The basic exemption can go as high…
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If you are 73 or older, still need to take your required minimum distributions from your IRA for this year, and want to contribute to a charitable cause, consider taking your RMD as a qualified charitable distribution (QCD). A QCD withdrawal…
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The weather was gorgeous for the 23rd Annual Galbani Feast of Little Italy on November 1 – 3 at Abacoa in Jupiter. We enjoyed chatting with visitors and answering their questions. The festival featured food, music, carnival rides and dancing….
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A Senate subcommittee recently blasted Medicare Advantage plans for their handling of pre-authorization requests for post-acute care. The report, from the Senate Permanent Subcommittee on Investigation and released on October 17, focuses on the post-acute skilled nursing care that seniors…
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Longtime followers of this blog will recall that Attorney Joseph Karp alerted the Florida Attorney General that it needed to act when he learned that MV Realty swindled his elderly client. There are new developments in this case. But first,…
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The Social Security Cost of Living Adjustment (COLA) for 2025 will be 2.5%. The modest increase was expected: COLA is tied to third-quarter inflation, which has cooled. Starting in early December, beneficiaries will receive statements from the Social Security Administration…
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If you are thinking about naming successor co-trustees to administer your trust, you must carefully consider if the individuals are likely to get along when the time comes for them to take over. Many times the arrangement works out… but…
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Longtime host of The Price Is Right, the late Bob Barker was a television fixture for decades. But did you know he was also a renowned and generous supporter of animal welfare charities? As we approach World Animal Day, October…
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Married couples who consult with us frequently tell us they want an “I Love You” Will. This is a will in which each spouse leaves everything to the other; then, when the surviving spouse dies, the remainder goes to the…
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