Do you know how the COLA will impact your retirement plans? First and foremost, do you know what a COLA is? The Social Security Administration uses COLA as shorthand for “Cost of Living Adjustment.” A COLA is the mechanism that the Social Security Administration uses to decide if it should raise the amounts paid to… Read more »
Category: Blog
How to Help An Aging Senior Adult Drive Safer and Longer
Driving is an important mode of transportation that seniors use to meet their basic needs, such as grocery shopping and health care appointments. It is also a source of independence for Florida seniors as they age. Unfortunately, when driving is taken away, this can lead to isolation, depression, and compounding health problems. The good news,… Read more »
The Danger Of Making Holiday Gifts When It Comes To Long-Term Care
If you are like many grandparents, you may enjoy giving your grandchildren money at the holiday season. After all, what do you give your grandchildren now that they truly need? Whether it is a small gift card to a store they like or helping them pay for college tuition, there is no question that whatever… Read more »
Understanding The Ins and Outs of VA Pension
How much do you and your loved ones know about VA pension? This is a non-service connected VA pension and is available each month to a permanent and totally disabled veteran when the veteran is 65 years of age or older, honorably discharged after at least 90 days of active duty with one day being… Read more »
Why You Need to Talk to Your Aging Parents About Their Estate Plan
There comes a time when you will need to be certain that your parents’ estate plan is current and no revisions are necessary. This event may arise because one or both of your parents have recently sustained a major illness that has or could become life-threatening. Hopefully, you have communicated with your parents to understand… Read more »
7 Myths Baby Boomers Should Know About Falling
The Baby Boomer generation currently straddles the traditional retirement age of 65, with older members in the 70s and the youngest approaching 60. As Boomers continue to age, they can become increasingly susceptible to age-related health risks, including falling. According to the National Council on Aging, falls are the leading cause of fatal injury and… Read more »
What Adult Children Need to Know About Medicaid “Spend Down”
It is never easy to consider a time when an aging parent may need long-term care assistance outside the home. Yet, it is a reality that many adult children find themselves facing as their parents age. While the costs of long-term care can be daunting, there are programs such as Florida Medicaid that exist. These… Read more »
Pros and Cons of Adult Medical Alert Systems for Florida Seniors
Medical alert systems can require senior adults to wear a pendant, necklace or bracelet with an emergency call button. When pressed, the device emits a signal and help is soon on the way. The emergency technologies have helped untold seniors, and may be a perfect solution for you and your loved ones who need a… Read more »
When It Comes to Hurricane Season as a Florida Senior, Do You Have the InformationYou Need?
Hurricanes are devastating storms that threaten Florida every year, and put millions of residents in harm’s way. Did you know, however, that Florida seniors are at particular risk due to an increased propensity for mobility issues and health concerns? Fortunately, there are plenty of ways seniors can prepare for the superstorms, starting long before a… Read more »
Tips and Ideas for Simplifying Ancillary Probate
When preparing your estate plan, you likely heard about probate proceedings and structured your estate plan to try to avoid them. Did you know, however, that if you own real property in another state, you may be subject to ancillary probate proceedings? Ancillary probate is a type of probate proceeding that occurs after the primary… Read more »