The recent Tax Cuts & Jobs Act will help reduce estate tax, but there are still many reasons to revisit your estate plan
The recently passed “Tax Cuts and Jobs Act” (TCJA) contains a major change to the Federal estate tax laws – the doubling of the individual estate gift and GST tax exemptions to approximately $11.2 million (double this for couples). This will greatly reduce the number of people who will be subject to the estate tax. So even if one is unlikely to be subject to Federal estate taxes (note: many states do not follow Federal estate law), there still are many sound nontax reasons to revisit estate planning and possibly update your prior documents.
Read moreNew study reveals Florida leads the nation in senior deaths in car crashes
Spring Break is coming to Florida next week, and with it a major increase of traffic on the state’s roads as millions vacation from here and many other states.
Read moreCongressional 2 year budget expands Medicare coverage for physical, occupational and speech therapy
Physical therapy helps Leon Beers get out of bed in the morning and maneuver around his home using his walker. Other treatment strengthens the 73-year-old man's throat muscles so that he can swallow food more easily, says Beers' sister, Karen Morse. But in mid-January, his home health care agency told Morse it could no longer provide these services because he had used all his therapy benefits allowed under Medicare for the year.
Read moreHaving an aging parent move in with you can be a special time together, but it's important to have a plan in place
It's inevitable. Our parents are getting older, and if you are not thinking about how to care for your elderly parents now, you will at some point (or you already have).
Read moreFHCA Secretary Justin Senior says quality of Florida's nursing homes just keeps getting better
TALLAHASSEE, Fla. – Today, the Agency for Health Care Administration (Agency) is highlighting recent national data showing Florida nursing homes, with oversight from the Agency, are delivering higher and higher quality during the course of this decade.
Read moreFlorida budget agreement a win for seniors, nursing homes and safety net hospitals
TALLAHASSEE — Nursing homes will get a $130 million bump in Medicaid payments, and residents who live in the facilities will get nearly a 25 percent increase in a monthly stipend they can use for personal needs, under a state budget deal finalized Thursday.
Read moreSSA Inspector General indicates thousands of widows & widowers have been shortchanged
In a recent report, Social Security's Inspector General formally accused Social Security Administration staffers of reducing the benefits of thousands of widows and widowers — to the tune of $132 million and counting.
Read moreAlzheimer's and Dementia sufferers receive a big win in Alabama House with Silver Alert legislation
The Silver Alert Bill would allow a missing senior citizen alert to be issued for a person who suffers from Alzheimer's or Dementia.
Read moreAlabama Power Service Organization delivers good cheer to Eufaula's elderly with care boxes
Crowne Health Care in Eufaula was alight with bright smiles, warm hugs and good cheer recently when members of the Southeast/Farley chapter of the Alabama Power Service Organization (APSO) delivered nearly 50 Cheeriodicals care boxes to residents of the facility.
Read moreAs the population ages, more seniors will need access to affordable housing options
We all know the stats: by 2035, one in three households will be headed by someone aged 65 or more years and the population aged 80 or more years will double to 24 million.
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