Certain Medicaid income and asset standards are adjusted beginning each January in accordance with changes in the SSI federal benefit rate (FBR) and the Consumer Price Index (CPI). Likewise, maximum benefit amounts under the VA Pension Program are adjusted each year based upon the CPI. For 2018 , the new figures are: SSI FBR = [...]
Several weeks ago Jill Schlesinger, CPF, a CBS News Business Analyst, wrote an article entitled “When making long-term care decision, get a second opinion” which was published in several news outlets. You can read the whole article here. The article mentions that 70% of people turning 65 can expect to use some form of long [...]
There are currently over 25 million veterans alive in the United States. There are over 9 million surviving spouses of veterans currently living in the United States. Many of these veterans and surviving spouses are receiving long term care or will need some type of long term care in the near future, and there are [...]
No one likes to think about the possibility of their own disability or the disability of a loved one. However, as we'll see below, the statistics are clear that we should all plan for at least a temporary disability. The statistics are eye-opening surrounding disability and some of the common disability planning options. Disability planning [...]
In our estate planning practice, we encourage our clients to make important advance decisions as to their own health care. This involves “advance directives” such as designating a Health Care Surrogate (and back-up persons) to make health care decisions if you become incapacitated and can no longer make those decisions for yourself; and, preparing a [...]
Gibbons | Neuman is excited and pleased to announce that Beverly J. White, an Estate Planning and Elder Law Attorney, has joined the firm. Beverly has been practicing in the state of Florida for over 20 years. She is a member of the National Academy of Elder Law Attorneys, The Academy of Florida Elder Law [...]
On September 6th, Gibbons | Neuman held a fundraising event for the Alzheimer’s Association at the Brew Bus in Tampa. Twenty percent of all food and beverage sales during the evening were donated by the Brew Bus. Gibbons | Neuman also held a raffle which raised additional funds. Despite the impending hurricane angst, all that attended had [...]
Recently, the firm’s elder law attorney, Elizabeth Allen, gave a presentation on long term care planning to customer and members of Achieva Credit Union at the credit union’s corporate office in Dunedin. Ms. Allen explained what long term care is, the likelihood of needing it, the costs of care and ways to pay it. She [...]
On May 10th, Elizabeth P. Allen, the firm’s elder law attorney, gave a presentation on VA benefits to a packed room of veterans, spouses, and relatives at Legacy at Highwoods Preserve in Tampa. Ms. Allen talked about the VA Pension program which helps qualified wartime veterans and their surviving spouses pay for medical expenses, including [...]
We often tell clients that effective estate planning doesn’t just involve handling matters after your death, but, more importantly, involves making provisions for your care while you are living, but suffer a disabling event which prevents you from acting for yourself. Every adult should have a Designation of Health Care Surrogate to designate someone (and [...]
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