Category archives: Florida First Coast
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2 weeks ago
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As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this terrain.
The term “sandwich generation” was coined t... [read more]
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2 weeks ago
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Thank you to the clients and friends of our office who joined us for an open house at our main office in Orange Park to meet our new neighbors from Palagio Senior Living.
We appreciate the great turnout, the time spent enjoying networking and refreshments in our office, and the tour of this wonde... [read more]
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3 weeks ago
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Recognizing the huge problems caused by opioid addiction in the United States, Medicare is adding a new outpatient opioid treatment benefit, paying for methadone and related treatment in certain facilities.
Under a new rule taking effect in January 2020, Medicare will now provide payment to o... [read more]
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1 month ago
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Estate Planning is a holistic process that includes assessing your assets and determining to whom, among your family, friends or favorite charities, you would like to leave specific assets and gifts. Creating a proper Estate Plan, creating a Will, or setting up a Trusts takes your disbursement... [read more]
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1 month ago
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Medicare does not offer much in the way of dental benefits. To get dental coverage, you need to purchase separate and often costly dental insurance or sign up for a Medicare Advantage plan that includes dental care. Advocates for Medicare beneficiaries are arguing for a change.
Common dental ... [read more]
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2 months ago
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When it comes to long-term care costs, the charges for home care are now rising faster than those for nursing home care, according to Genworth's 2019 Cost of Care survey. In the past year, the median annual cost for home health aides rose 4.55 percent to $52,624, while the median cost of a private n... [read more]
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3 months ago
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Nursing home residents do not automatically have to sell their homes in order to qualify for Medicaid, but that doesn't mean the house is completely protected. The state will likely put a lien on the house while the resident is living and attempt to recover the property after the resident has passed... [read more]
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3 months ago
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After small or no increases the past couple of years, Medicare’s Part B premium will rise sharply in 2020. The basic monthly premium will increase $9.10, from $135.50 a month to $144.60.
The Centers for Medicare and Medicaid Services (CMS) announced the premium increase on November 8, 2019. N... [read more]
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4 months ago
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The Social Security Administration has announced a 1.6 percent increase in benefits in 2020, nearly half of last year's change. The small rise has advocates questioning whether the government is using the proper method to calculate the cost of living for older Americans and those with disabilities.
... [read more]
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4 months ago
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Our office is proud to be collecting donations again for the J.P. Hall Annual Christmas Party for underprivileged children.
Suggested gift donations include: Games, Action figures or dolls, Art activity sets, Sporting equipment (basketballs, footballs, etc.), Books, Toy cars or trucks, Teen watch... [read more]
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4 months ago
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One of the main questions that we get from our clients is how they can make sure that their family members are taken care of in the event of their incapacity or death. Our answer is that with proper Estate Planning we can create customized plans to achieve this important goal to protect families tho... [read more]
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4 months ago
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Federal law requires the state to attempt to recover the long-term care benefits from a Medicaid recipient's estate after the recipient's death. If steps aren't taken to protect the Medicaid recipient's house, it may need to be sold to settle the claim.
For Medicaid recipients age 55 or older... [read more]
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