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Author Archives: jay@milemarkmedia.com

Boca Raton Estate Planning Lawyers

Step-by-Step General Guide on What to Do When a Loved One First Passes Away: Entities to Contact

By SAMUELS WOOD PLLC |

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 »

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Step-by-Step General Guide on What to Do When a Loved One First Passes Away

By SAMUELS WOOD PLLC |

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 »

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Living Trust

The Value of Consulting an Elder Law Attorney for Your Estate Planning Needs

By SAMUELS WOOD PLLC |

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 »

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Boca Raton Special Needs Trust Lawyer

Special Needs Trusts

By SAMUELS WOOD PLLC |

When you have a loved one with physical or intellectual disabilities, it is essential to establish an estate plan that considers their long-term care needs and abilities. While needs-based government benefit programs assist in covering the cost of certain types of medical care, they may not cover all the specific needs and services that… Read More »

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Medicare Lawyers

The ABC’s of Medicare

By SAMUELS WOOD PLLC |

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 »

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Qualified Income Trust

What is a Qualified Income Trust?

By SAMUELS WOOD PLLC |

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 »

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Boca Raton Medicaid Planning Lawyers

What is a Personal Service Contract?

By SAMUELS WOOD PLLC |

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 »

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What Happens to my Credit Card and/or Travel Rewards When I Pass?

By SAMUELS WOOD PLLC |

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 »

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Boca Raton Medicare Lawyers

Florida Medicaid Increases Personal Needs Allowance: Effective July 1, 2023

By SAMUELS WOOD PLLC |

The Florida Legislature recently raised the Florida Medicaid Personal Needs Allowance from $130 per month to $160 per month, effective July 1, 2023. In Florida, Medicaid covers the difference between the full cost of long-term care in a skilled nursing facility and an individual’s income for eligible Florida residents. As a part of their… Read More »

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CPR

CPR for the Elderly: Survival or Suffering?

By SAMUELS WOOD PLLC |

The famous life-saving rescue technique, Cardiopulmonary Resuscitation (CPR), could be worse than death, especially for the elderly. The misconceptions surrounding the use of CPR stems from the unrealistic high success rate of CPR shown on television to add a heroic plot line. In reality, CPR may cause more harm than good, with an out-of-hospital… Read More »

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