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...
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Long-Term Care Planning
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...
An irrevocable trust can be a good fit for some Florida seniors
Planning for the future can be stressful. That's especially true for those in Florida who are considering their long term care needs. Many families are uncertain what level of care their loved one might need in the years ahead, making it difficult to know which path...
Using long-term estate planning to qualify for Medicaid
Rising standards of living and life expectancies mean that you can probably expect to live significantly longer than past generations. While enjoying more years with loved ones is invaluable, the actual cost of care during later years can be paralyzing. Long-term...
Help with Medicaid is essential for Florida elders
End-of-life care is something that everyone should be able to access with dignity. Unfortunately, the cost of residential facilities often exceeds what anyone is able to pay and is particularly impossible for elders who are on fixed incomes. With the cost of Florida...
Power of attorney can aid in long-term care estate plan
As individuals age, they may find themselves contemplating their eventual need for assistance during the end of their lives. Sometimes, a person may become incapacitated and need to go into a nursing home or other long-term care. While one is there, he or she may need...
Long-term care planning can include Medicare and Social Security
Individuals typically require more health care as they age. That is why many people incorporate long-term care planning as part of their estate plans. To fully understand one's long-term care funding sources in Florida, individuals will want to become familiar with...