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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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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Florida rules for long-term nursing care are complicated and are actually a combination of both state and federal regulations. Among the rules of great importance for married couples is the Minimum Monthly Maintenance Needs Allowance, or MMMNA. What is the…
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As a result of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed on March 27, 2020, most Americans are receiving stimulus checks. If you are earning under $75,000 annually, your check will be $1,200. If someone resides…
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Dementia care expert Teepa Snow is making several presentations in our area this month. An occupational therapist with over 40 years of experience, Ms. Snow helps families and professionals understand how it feels to live with a neurodegenerative disorder. Her…
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Florida Medicaid has revised several eligibility criteria that must be met to receive benefits for long-term nursing home care. These changes went into effect on January 1, 2020. The Medicaid applicant’s gross monthly income cannot exceed $2,349 per month (was…
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Americans collecting Social Security benefits are slated to receive a cost of living increase in 2020. Benefits will increase by 1.6%. The average retiree’s monthly benefit will increase about $24, from $1,473 to to $1,503. Also, the Social Security tax…
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Adele Small Harris Frequently I get the question, Is the state is going to take my home if I go on Medicaid benefits? The answer is no. Homestead property is protected under Florida law, even while you’re on Medicaid. Once…
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The Blue Water Navy Vietnam Veterans Act became law on June 25, 2019, making Blue Water veterans eligible for disability benefits related to Agent Orange exposure. For decades, veterans who served off the coast of Vietnam argued that, like those who served…
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The values of the Baby Boom generation seem to have have changed over the years. Once it was all about flower power. Now the focus includes financial power – specifically, leaving a financial legacy. A March 25, 2019 Financial Advisor…
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