South Florida Estate Planning News
Recent Posts and Articles
Nursing Home Costs Rise Sharply in 2017
The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according to Genworth’s 2017 Cost of Care survey, which the insurer conducts annually. Genworth reports that the median cost of a semi-private room in a nursing…
Read More Now Is the Time to Review Your Medicare Options
Are you happy with your current Medicare plan or plans? Now is the time to think about whether you are in the right plan or whether a new plan could save you money. Medicare’s Open Enrollment Period, in which you can enroll in or switch plans, runs from October 15…
Read More How to Reverse Medicare Surcharges When Your Income Changes
What happens if you are a high-income Medicare beneficiary who is paying a surcharge on your premiums and then your income changes? If your circumstances change, you can reverse those surcharges. Higher-income Medicare beneficiaries (individuals who earn more than $85,000) pay higher Part B and prescription drug benefit premiums than…
Read More Digital Assets Raise Estate Planning Questions
More and more, we are conducting our business on the Internet, whether that’s online banking, shopping at Amazon and other sites, uploading documents and files to the “cloud,” posting videos on YouTube, or communicating with high school classmates via Facebook. So, what happens to all of our accounts and files…
Read More Four Provisions People Forget to Include in Their Estate Plan
Even if you’ve created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact on your family. Alternate Beneficiaries One of the most important things…
Read More Take These Three Steps When Your Child Turns 18
If your child has reached the teenage years, you may already feel as though you are losing control of her life. This is legally true once your child reaches the age of 18 because then the state considers your child to be an adult with the legal right to govern…
Read More Florida Nursing Home Tragedy Causes Rethinking of Disaster Preparedness
The recent tragedy in which ten Florida nursing home residents died when the nursing home lost power during Hurricane Irma is causing government officials to rethink disaster planning. In response to the deaths, Florida Governor Rick Scott announced a new emergency rule, requiring nursing homes and assisted living facilities in…
Read More Uh Oh Irma! Hurricane Season is here – How to protect and prepare!
Prepare for the worst and hope for the best. But follow these steps to make sure you are prepared: If your original, signed documents are not in a safety deposit box try the following safe places to store them. They need to be in a watertight container of some sort…
Read More Personal items may be inexpensive, but are priceless for their sentimental value.
My clients often come to me with a list of assets such as homes, bank and investment accounts that they would like to pass to their heirs. What is usually missing are the personal items that may not be expensive, but are priceless for their sentimental value. It is often…
Read More George Michael’s partner ‘gotta have more than “Faith”‘ to inherit from the superstar.
At only 53 years old, it is hard to believe that superstar and former Wham! Frontman, George Michael, tragically died of natural causes on Christmas Day in 2016. He was found by, Fadi Fawaz, rumored to be his partner, who is now seemingly going to be kicked out of the…
Read MoreGet The Ultimate Life Organizer
There's a lot to think about when you're collecting information for your estate plan. Download our free 17 page Complete Life Organizer and make sure you have everything covered!
