Category archives: Florida
-
-
-
3 years ago
-
With the recent and ongoing concerns about the coronavirus, as we shift into the fall, it remains clear that we are continuing to face an unprecedented public health crisis--one that is affecting many people of all ages, and from all walks of life. It has become tragically clear for many that Estate... [read more]
-
-
-
-
3 years ago
-
In order to be eligible for Medicaid benefits a nursing home resident may have no more than $2,000 in "countable" assets (the figure may be somewhat higher in some states). Note that Medicaid is a state-run program, so the rules are somewhat different in each state, although there are federal guidel... [read more]
-
-
-
-
3 years ago
-
The Senate Democrats' proposal for a $3.5 trillion spending plan includes expanding Medicare to provide dental, vision, and hearing benefits. The proposal is now being negotiated in Congress.
Currently Medicare does not offer much in the way of dental, vision, an... [read more]
-
-
-
-
3 years ago
-
Qualifying for Medicare hardly means free health care -- there are still premiums and deductibles. However, people who qualify for both Medicare and Medicaid (called “dual eligibility”) receive help paying their out-of-pocket costs.
Medicare is a federal program available to anyone 65 or olde... [read more]
-
-
-
-
3 years ago
-
One of the greatest fears of older Americans is that they may end up in a nursing home. This not only means a great loss of personal autonomy, but also a tremendous financial price. Careful planning can help ease the financial burden.
Depending on location and level of care, nursing homes cos... [read more]
-
-
-
-
3 years ago
-
To qualify for Medicaid coverage of long-term care, you must satisfy very complicated financial eligibility rules—rules that often can be traps for the unwary. One of the most significant traps is Medicaid's right to recover its expenses from your estate after you die – a practice known as “estate r... [read more]
-
-
-
-
3 years ago
-
As many of us are preparing for the fall and family members going back to school, some people are experiencing the excitement of children or grandchildren starting college. Other adult children are perhaps entering the work force or traveling to enjoy a break from academic demands. Regardless of the... [read more]
-
-
-
-
3 years ago
-
The federal government has expanded access to protections for spouses of reverse mortgage holders who are not named in the loan document, allowing more such spouses the ability to stay in their home if the borrowing spouse dies or moves to a care facility.
A reverse mortgage allows ho... [read more]
-
-
-
-
3 years ago
-
Some conversations are more awkward than others, and while discussing illness and death with our loved ones can feel uncomfortable, it is also important and helpful to do so.
A difficult part of life is that accidents, illnesses, and death are inevitable, and unfortunately often unexpected too. N... [read more]
-
-
-
-
3 years ago
-
The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus.
If you have significant medical expenses, you may be able to deduct them from your taxes. Many types of medi... [read more]
-
-
-
-
3 years ago
-
The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time.
In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized $1,200 stimulu... [read more]
-
-
-
-
3 years ago
-
If you are caring for a loved one at home, you may need to rent a hospital bed. Here are the ins and outs of hospital bed rentals.
The benefit of a hospital bed is that it adjusts to allow people with limited mobility to more easily get in and out of the bed. The adjustable features include t... [read more]
-