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If the novel coronavirus pandemic has taught us anything, it is the importance of planning for the unexpected and having your ducks in a row should unexpected illness or injury occur. Estate planning, especially planning for special needs and government assistance eligibility, is more important now than ever. If you have a child or… Read More »
If you have an elderly or disabled relative who needs long-term care, you have good reason to be concerned about the costs. Healthcare costs are constantly on the rise, whether considering assisted living, nursing homes, or home health aide care. Medicare covers some of these expenses, but it has limitations on who can qualify… Read More »
Healthcare costs are at an all-time high, and they keep rising. As your parents and you approach retirement, or if anyone in your family has a disability, you may wonder how you will cover the cost of nursing care. Assisted living costs, on average, $4,000 per month across the country. State averages range from… Read More »
The coronavirus pandemic continues to rage on, hamstringing the economy and sending thousands of Americans to the hospital every day. We previously discussed how this is a perfect time to take care of estate planning tasks that you may have been putting off. Times are uncertain, and things can take a turn for the… Read More »
Every parent cares most about ensuring the welfare of their children. Creating an estate plan that is specific to the finances and circumstances of each family is vital to ensuring that your children are taken care of adequately and in accordance with your wishes. Parents of children with special needs face additional hurdles when… Read More »
The coronavirus pandemic is causing devastation around the world, both medically and financially. The stock market is consistently experiencing single-day drops that mirror the worst in U.S. financial history. With such volatility in the markets, depressed asset values, and historically low interest rates, it is the perfect time to review your estate plan, especially… Read More »
Every parent wants to ensure that their children are taken care of after they pass away. Designing a will, trust, and other aspects of an estate plan that ensures the welfare of the decedent’s children is one of the key components of estate planning. If you have a child with a disability, even an… Read More »
Legendary singer and Queen of Soul Aretha Franklin passed away in August 2018 at the age of 76. Shortly thereafter, CNN reported that Aretha Franklin had executed no will or trust to account for the distribution of her $80+ million estate. She is survived by four sons, one of whom has special needs. The… Read More »
Planning for your future and for that of your elderly loved ones is extremely important. If you expect that you or your family will need financial assistance in order to afford long-term care, it is vital that you work to develop a Florida estate plan with an eye towards maintaining eligibility for needs-based governmental… Read More »
The Palm Beach County Commission officially declared November 2019, as Alzheimer’s Public Awareness Month by issuing a proclamation on Tuesday, November 5th. As Vice-Chair of the Board of Directors of Alzheimer’s Community Care, attorney G. Mark Shalloway was on hand to share in the honor and recognition given to Alzheimer’s Community Care. Mr. Shalloway… Read More »