On May 21, 2015 the Florida ABLE Act became law. The law is pursuant to the 2014 federal Achieving A Better Life Experience Act of 2014 (the ABLE ACT) which allows states to establish tax free savings accounts for certain people with disabilities. The ABLE Act allows eligible individuals with disabilities to save money, up [...]
Sometimes people unwittingly rent and move into a house or a condominium that becomes involved in a mortgage foreclosure. For many years, those tenants who entered into a lease with the borrower had no right to stay in the property after the foreclosure. During the foreclosure crisis (from 2008 through 2014), a Federal law was [...]
Gibbons | Neuman bankruptcy and creditors’ rights attorney, Victor Veschio, attended oral arguments before the United States Supreme Court in March, 2015. The Court has now issued its unanimous ruling in favor of the creditor-bank in the consolidated cases of In Re: Toledo and Caulkett. In summary, the Court held that any creditor who holds [...]
The Court issued 2 of 3 Opinions related to the bankruptcy issues the Court accepted in the 2014 Term. First, the Court ruled that a Bankruptcy Court’s denial of Plan Confirmation is not a final appealable order as there are other legal alternatives that a Debtor has available precluding a final adjudication. Second, in a separate [...]
On May 13th, the Firm’s Elder Law Attorney, Elizabeth P. Allen, gave a presentation to the Hillsborough County Guardian Association. The topic of the Powerpoint presentation was “The Basics of Long term Plannng.” Ms. Allen discussed the nature and cost of long term care, the high odds of a person needing it during their lifetime [...]
On April 10, 2015, the Alzheimer’s Association acknowledged Gibbons | Neuman for its participation and fundraising in the November 2014 Walk To End Alzheimer’s in Tampa. The firm was presented with a plaque in recognition of the $4,190 raised in its inaugural Walk participation. All those involved in the Walk had a great time and the [...]
On March 26, 2015, Gibbons | Neuman was a co-sponsor of the Tampa Health Care Networking event that took place at MacDinton’s Irish Pub. The event brought together in excess of 50 representatives in the senior health care industry. Attendees raised money for the MS Society, the sponsored charity.
I had a front row seat at the U.S. Supreme Court last week in the consolidated bankruptcy case of In Re: Toledo and Caulkett. The issue being argued was whether an individual in a chapter 7 liquidation bankruptcy can strip and void the lien of a second mortgage when the first mortgage balance is more [...]
The Department of Veterans Affairs announced that has updated the way it determines eligibility for VA healthcare. The VA has eliminated the use of net worth as a determining factor for both healthcare programs and copayment responsibilities.The VA implemented the change at the beginning of 2015. This change will result in more veterans, especially those of low-income, having access to [...]
On March 11, 2015, Attorney Elizabeth Allen gave a presentation on planning for individuals with special needs to the Buddy Baseball organization. Buddy Baseball is a noncompetitive recreational baseball league boys and girls with special needs located in Tampa, Florida. The presentation was held at the Omar K. Lightfoot Recreation Center in Temple Terrace. The [...]
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