Recent Blog Posts
Legal Issues when Cosigning on Student Loans
The statistics are startling: those aged 60 or older carry a combined $60 billion in student loan debt, and the problem only seems to be getting worse. A report from AARP found that the percentage of seniors with student loan debt jumped by more than 20% in every single state from 2016 to 2017…. Read More »
Shopping for Assisted Living: the Basics
Assisted living is an attractive option for seniors who need some help with daily tasks but do not need to go into a nursing home. For over 10 years, these residencies have grown faster than any other part of the long-term care industry, as reported by MarketWatch. Seniors and their family members face challenges… Read More »
How the SECURE Act Could Affect You
President Trump’s SECURE Act went into effect on the first of this year. The act, which is an acronym for Setting Every Community Up for Retirement Enhancement, is expected to generate about $16.4 billion in revenue over the decade. In particular, it will generate government revenue by limiting the ability of people to receive… Read More »
New Guardianship Bill Could Protect Florida Seniors
Legal guardians play an important role in the life of our senior citizens. When a person can no longer take care of themselves or make legal decision, then another person can step in and fill that role. In many situations, guardianship involves a spouse or child taking over an elderly person’s affairs. However, anyone… Read More »
Should You Serve as a Personal Representative?
Almost every estate needs someone to collect estate assets and pay creditor claims. This person is the personal representative of the estate. In Florida, a person will name a personal representative in their will. However, the person named can still decline to serve, and everyone nominated should give careful consideration before agreeing to serve…. Read More »
Challenges Posed by Digital Assets
A properly drafted estate plan should dispose of a person’s assets when they die. However, Americans are increasingly owning more and more assets that are not tangible. These digitals assets are real assets, sometimes worth considerable amounts of money, and they must be left to somebody. Below, our estate planning attorneys in The Villages… Read More »
Changes to Social Security in 2020
A new year brings changes to Social Security benefits that tens of millions of Americans rely on. For 2020, seniors can expect to receive more in their benefits check and to be allowed to earn more before the Social Security Administration (SSA) deducts benefits. Below, we highlight some of the more significant changes that… Read More »
Is a Loved One Being Exploited on Social Media?
At Millhorn Elder Law Planning Group, we regularly raise the alarm about elder abuse, whether physical, emotional, sexual, or financial. But there is another type of elder abuse that might be on the rise, and that involves social media. According to ProPublica, many nursing home residents have been secretly photographed or recorded by staff,… Read More »
How Do You Get Better Nursing Home Care for Your Loved One?
Moving a loved one to a nursing home is a difficult decision for many. Not only do many seniors experience feelings of guilt, but it can be difficult to truly check up on a loved one who is no longer living in your home or with family members. When loved ones move into a… Read More »
Watch Out for Romance Scams
Many seniors have recently lost a spouse or have divorced and are feeling lonely. This is perfectly normal and one of the challenges of aging. Unfortunately, predators are well aware of this fact and take full advantage, perpetrating romance scams that can cost many seniors thousands of dollars. One scam that came to light… Read More »
