Monthly Archives: July 2023
What is a Personal Service Contract?
Under Florida’s Medicaid program, individuals must meet specific income and asset eligibility requirements to qualify. Individuals applying for long-term care cannot have countable assets that exceed $2,000 (individual applying) or $3,000 (married couple applying). However, an individual may become Medicaid eligible by creating a Personal Service Contract. Personal Service Contracts are a strategic way… Read More »
What Happens to my Credit Card and/or Travel Rewards When I Pass?
If you have travel and/or reward credit cards that allow you to earn “points” or “miles”, your reserve of rewards could be worth thousands of dollars. But what happens to credit card points or miles after you pass? Each company has its own specific requirements and stipulations regarding the transfer of credit card reward… Read More »