Category Archives: Elder Law
Navigating Medicare Part D: A Basic Guide from an Elder Law Firm
As an elder law firm dedicated to helping seniors in South Florida, we often find that Medicare Part D is one of the more misunderstood aspects of the healthcare system for older adults. Understanding Medicare Part D and how it works is critical for seniors who want to protect their health and finances as… Read More »
Medicare vs. Medicaid: What Seniors Need to Know
Navigating the complex world of healthcare and long-term care can be overwhelming for seniors and their families. Two key government programs—Medicare and Medicaid—serve as essential lifelines, but many seniors and their families struggle to understand the differences between them, the eligibility requirements, and how to use them effectively. At SAMUELS WOOD PLLC, we aim… Read More »
Understanding Social Security: Your Guide to Benefits and Eligibility
What is Social Security? Social Security is a government program designed to provide financial support to individuals during retirement, as well as to the survivors of deceased workers and those with disabilities. Funded primarily through payroll taxes under the Federal Insurance Contributions Act (FICA), Social Security is a program that most workers pay into… Read More »
Hurricane Season is Upon Us: Why an Estate Plan Should be a Part of Your Storm Season Readiness
Living in Florida, it’s not a matter of if a hurricane will hit, it’s when. Hurricane season runs from June 1 through November 30, and usually peaks in September. Weather experts are expecting the 2024 hurricane season to be busier than average. The Florida Division of Emergency Management reminds Florida residents to begin taking… Read More »
Tips for Having “The Talk” with Aging Parents
Talking about aging, loss of independence, and estate planning is difficult. These topics are emotional but are an essential conversation for every family. Unless you are certain your parents have an up-to-date estate plan for what should happen in the event of their incapacity or passing, you shouldn’t assume everything will be taken care… Read More »
Step-by-Step General Guide on What to Do When a Loved One First Passes Away: Entities to Contact
Coping with the loss of a loved one is challenging, especially when faced with the responsibility of ensuring their legal and financial matters are taken care of. Often, people are overwhelmed and unsure about the necessary steps to take. This may sound like a daunting process, so we have created a general checklist of… Read More »
Step-by-Step General Guide on What to Do When a Loved One First Passes Away
It is never easy to experience the loss of a loved one, and it is especially challenging while handling the urgent responsibilities that arise when someone passes. It is not uncommon to be unsure of what to do after a loved one passes away. While it may seem daunting to navigate a loved one’s… Read More »
The Value of Consulting an Elder Law Attorney for Your Estate Planning Needs
Estate planning is a critical aspect to ensure your assets are properly protected, your wishes are met, and your wealth is preserved. While estate planning can benefit individuals of all ages, estate planning becomes especially vital as we age. In these circumstances, consulting an attorney that specializes in elder law can offer unique advantages… Read More »
The ABC’s of Medicare
Medicare versus Medicaid Medicare is federal health insurance for people aged 65 or older, and some people under age 65 with certain disabilities that have paid into the social security system for at least 10 years. In sum, Medicare is “short term” coverage for health events including hospitalization, doctor visits, therapy, home health care… Read More »
What is a Qualified Income Trust?
Paying for long-term care can quickly deplete an individual’s assets due to how expensive long-term care services are. In Florida, the average price of a private nursing home room is $10,809 per month. However, additional expenses such as the cost of medications and medical supplies are likely to increase that average to $12,000 to… Read More »