The beginning of a new year is always a good time to update an estate plan, and recent major changes to “tax advantaged” retirement accounts make revising, or creating, an estate plan all the more important at the outset of 2020. If you have a 401(k), an IRA, or other tax deferred retirement account,… Read more »
Did you know February is American Heart Month and Cancer Prevention Month? Every year, health care professionals, advocacy organizations, and the legal community join countless individuals and families across the country to raise awareness about heart disease and cancer, and facilitate needed support. For good reason too. Heart disease is the leading cause of death… Read more »
Did you know a new estate plan is not necessary simply because a new year has occurred? The Florida statutes do not require that a last will and testament or trust agreement be updated every so many years in order to remain valid. Existing wills or revocable trusts, however, may need to be reviewed each… Read more »
Do you know how the COLA will impact your retirement plans? First and foremost, do you know what a COLA is? The Social Security Administration uses COLA as shorthand for “Cost of Living Adjustment.” A COLA is the mechanism that the Social Security Administration uses to decide if it should raise the amounts paid to… Read more »
Driving is an important mode of transportation that seniors use to meet their basic needs, such as grocery shopping and health care appointments. It is also a source of independence for Florida seniors as they age. Unfortunately, when driving is taken away, this can lead to isolation, depression, and compounding health problems. The good news,… Read more »
If you are like many grandparents, you may enjoy giving your grandchildren money at the holiday season. After all, what do you give your grandchildren now that they truly need? Whether it is a small gift card to a store they like or helping them pay for college tuition, there is no question that whatever… Read more »
Caregiving can take many forms, but the bulk of it is not performed by doctors, hospitals or health care professionals. Instead, it is provided by compassionate family members. Whether disabled veterans, children with special needs, elder adults or other dependent loved ones, family caregivers provide an enormous social safety net. They provide this help, often… Read more »
How much do you and your loved ones know about VA pension? This is a non-service connected VA pension and is available each month to a permanent and totally disabled veteran when the veteran is 65 years of age or older, honorably discharged after at least 90 days of active duty with one day being… Read more »
There comes a time when you will need to be certain that your parents’ estate plan is current and no revisions are necessary. This event may arise because one or both of your parents have recently sustained a major illness that has or could become life-threatening. Hopefully, you have communicated with your parents to understand… Read more »
The SECURE Act of 2019 was recently passed by the US House of Representative. It is expected to be considered by the U.S. Senate in the fall. The correct name for this proposed law is the Setting Every Community Up for Retirement Enhancement Act of 2019. Many believe that this bill will be passed by… Read more »
