by Randy Coleman | Jun 6, 2012 | Advance Directives in Florida, Disability Planning, Durable Power of Attorney, Elder Law, Estate Planning, Long Term Care, VA Aid and Attendance, VA Benefits |
Earlier this week, the CPA for a client called to determine that all of the client’s estate planning documents were up to date and in good order. The reason for the call was that the client has been diagnosed with Alzheimer’s disease and is beginning...
by Randy Coleman | May 23, 2012 | Advance Directives in Florida, Designation of Health Care Surrogate, Disability Planning, Durable Power of Attorney, Elder Care, Elder Law, Estate Planning, Health Care Power of Attorney, Living Will, Long Term Care |
In yesterday’s Wall Street Journal is a story about a woman who was diagnosed with Alzheimer’s disease at age 56. “The Curse of a Diagnosis” details the issues the family has been forced to deal with, knowing there currently is...
by Randy Coleman | May 6, 2012 | Durable Power of Attorney, Elder Care, Elder Law, Estate Planning, Long Term Care, Medicaid Qualified Irrevocable Income Only Trust, Nursing Homes, Personal Care Contracts, Qualified Income Trust |
Steven Covey, in his best seller “The Seven Habits of Highly Effective People,” maintains that to be highly effective you must take time to “sharpen the saw.” Last week I sharpened the saw. Three intense days of immersing myself,...
by Randy Coleman | Apr 1, 2012 | Disability Planning, Elder Care, Elder Law, Estate Planning, Long Term Care, Medicaid Planning, Medicaid Qualified Irrevocable Income Only Trust, Nursing Homes |
In Florida, if you are already in a nursing home, it may be too late to “give away” your assets and still qualify for Medicaid benefits for nursing home care, but that doesn’t mean that you can’t protect most of your assets and still qualify...
by Randy Coleman | Mar 31, 2012 | Disability Planning, Elder Care, Elder Law, Long Term Care, Medicaid Planning, Nursing Homes |
Getting benefits from Medicaid for nursing home costs may be something that is easy and straightforward for some. For others, those who want to protect assets from nursing home costs, the Medicaid planning process and the application for Medicaid benefits to pay for...
by Randy Coleman | Mar 28, 2012 | Elder Care, Elder Law, Long Term Care, Medicaid Planning, Medicaid Qualified Irrevocable Income Only Trust, Nursing Homes, Qualified Income Trust |
In Florida, which is an “income cap” state, eligibility for Medicaid benefits is barred if the nursing home resident’s gross income from all sources exceeds $2,094 a month (for 2012). However, if the excess income above this amount is paid into a...
