Category archives: Orange Park
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8 years ago
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Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid. These types of annuities allow the nursing home resident to spend down assets and give the spouse a guaranteed income. But immediate annuities may not work in every state, so be sure t... [read more]
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8 years ago
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It is common for a parent to want to be named as trustee of a special needs trust benefitting her child, especially when the parent is the one creating or funding the trust. There are many reasons why this makes sense. It positions the parent to have complete control over trust distributions. It is ... [read more]
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8 years ago
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After initially delaying a rule intended to prevent financial advisers from steering their clients to bad retirement investments, the Department of Labor (DOL) announced that the rule will go into effect on June 9, 2017, but its future is still unclear.
Earlier this year, President Trump sign... [read more]
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8 years ago
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We’re proud to announce that Marie Skipper, Elder Care Coordinator, has earned the Certificate in Elder Care Coordination training presented by the Stockton Center on Successful Aging in conjunction with the Life Care Planning Law Firms Association.
This program of study included training about t... [read more]
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8 years ago
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Many families of people with intellectual or developmental disabilities are familiar with The Arc. For more than 65 years, the Arc has been advocating for laws that protect the human rights of this population and offering hands-on support through its local chapters. In many ways, The Arc is a family... [read more]
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8 years ago
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The Trump administration is planning to allocate billions of public education dollars to expand private school voucher programs, but vouchers may not be the best option for families with special needs children.
Vouchers allow parents to use public funds to pay for tuition at a private school ... [read more]
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8 years ago
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Trustees of special needs trusts wear many hats. They act as investment manager, bookkeeper, distribution manager, benefits advocate, and financial planner. Often trustees are in constant communication with the beneficiary and the beneficiary’s caregivers regarding many aspects of the beneficiary’s ... [read more]
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8 years ago
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Americans are misinformed about many aspects of Social Security, and local Social Security offices may not be helping, according to a study by the Government Accountability Office (GAO). The study found that the Social Security field offices often did not provide key information that would help peop... [read more]
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8 years ago
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A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less.
As long-term care premiums rise, short-term care insurance is ga... [read more]
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8 years ago
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A recent New Jersey appeals court case demonstrates how important it is for families to come up with a long-term care plan before an emergency strikes. The case involves two brothers who got into a fight over whether to place their mother in a nursing home – a dispute that resulted in one brother fi... [read more]
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8 years ago
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In a move that could be confusing to seniors who are vulnerable to scams, the IRS will begin using private debt collection agencies to collect past-due taxes. The new program will begin in April 2017.
Authorized by a law Congress passed in December 2015, the IRS may now contract with private ... [read more]
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8 years ago
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For better or for worse, our current culture is very car-dependant; in many places, cars are the only convenient link to the outside world. Unfortunately, as people age, driving can become more difficult and more dangerous. The elderly drive less, but have more crashes per mile than younger drivers.... [read more]
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