If you give money to a loved one, can she still receive Medicaid?
If you have a loved one who has a serious medical condition or disability, you likely know how much medical care costs. Even worse, you probably realize obtaining private health insurance is virtually impossible. Fortunately, Medicaid is available to many low-income...Yes, you need to think about long-term care planning
Planning for the future usually feels very important for young adults. Florida adults who are closer to or who are already in retirement may feel like planning for the future is a less urgent task. However, long-term care planning is an essential task that should not...How to talk about long-term care plans
Most people learn which topics of conversation are impolite — including money — at a relatively young age. This can make it hard for some people to approach the topic of money and financial security with their parents. For adults in Florida who need to...Consider a power of attorney during long-term estate planning
Managing finances can be difficult even in the best of situations. Some elderly Florida residents find that keeping track of money, bills, income and more gets harder with age. For these and other reasons, a person might choose to name a trusted loved one or close...Why you should talk to your parents about money, long-term care
Money is an uncomfortable topic of discussion. Most people would prefer to keep information regarding their income, debts and expenses private, perhaps partly because many were raised to believe that talking about money was not appropriate. This thought prevents...Don’t wait to plan for long-term care
Knowing how much something will cost is important for making informed decisions of all kinds. For example, before purchasing a car or taking out a mortgage, people in Florida should understand both the monthly and long-term costs. Anticipating future costs becomes a...Here’s why you need long-term care planning
Growing older is a privilege that most people hope to have, but few actually plan for. The reality is that most adults who live past retirement will need specialized services at some point in time, and those services can be extremely expensive. Rather than ignoring...Should you be asking your parents about estate planning?
Even for adult children, it is hard to imagine a life in which parents have specialized medical needs or where they are not around anymore at all. Unfortunately, these types of issues are an unavoidable fact of life. Avoiding opportunities to talk about end-of-life...Do you know these long-term care planning misconceptions?
Aging is something that is not afforded to everyone, but that does not always make dealing with issues unique to aging an easy process. Long-term care needs are often confusing and difficult to navigate. Many people in Florida feel ill-equipped to handle these matters...
