Tag: elder attorney

National Clean Out Your Medicine Cabinet Day

Did you know that Friday, April 16, 2021, is National Clean Out Your Medicine Cabinet Day? With social distancing measures still in place, and everyone still spending lots of time at home, it can be a great time to participate in cleaning out your unused or expired medication. Doing so on this day can be great preparation for National Drug Takeback Day, when local businesses, doctor’s offices and pharmacies will have collection bins where you can safely dispose of your medications.

One important reason to clean out your medicine cabinet may be that expired medication can be potentially harmful. First, there may be a direct risk that other people could get into unused or expired medication that they should not be able to access. For example, many common medications are safe when taken as directed and within their shelf life but can turn toxic over time after their expiration date. Tetracycline is a great example of this. Similarly, many over the counter medications are safe when taken as directed, but not so safe after they expire, and your kids or spouse may forget to check the date on the bottle before popping it open. It may be best to keep a regular eye on expiration dates and dispose of medication promptly to avoid this. Of course, there are also many people in our communities who struggle with substance abuse, whether opioid addiction or a different drug problem. Many prescription drugs can be misused or abused, with fatal effects.

You should not throw medication in the garbage. Medications thrown into the garbage can leak into the soil and can cause toxicity in the environment. You should not flush medications down the toilet either, as they then leak into the water supply, with harmful effects on both humans and wildlife.

On National Clean Out Your Medicine Cabinet Day you can clear out any unused, expired, or otherwise unwanted medications and keep them in a safe and secure place. The following weekend is National Drug Takeback Day. At that time, you should be able to dispose of your medication in one of many collection areas in your community. 

Do you have questions? Please contact our law practice to learn more. We are here for you. Elder and Estate Planning Attorneys PA, is a law office small enough to provide personal service but large enough to provide service in Palm Beach, Martin, St. Lucie and Indian River Counties.

Medicaid Planning for Florida Seniors

Did you know that, according to the US Dept. of Health and Human Services, a person turning 65 today has almost a 70% chance of needing some type of long-term care services, including assisted living or a nursing home? The median cost of a private room in a nursing home is over $100,000 annually, according to the Florida Health Care Association. Medicaid planning involves legally and ethically protecting assets for those who do not already qualify for Medicaid, and for those who qualify but may be expecting an influx of money, such as an inheritance or a personal injury settlement, so that individuals can make their money last longer and lead to the highest possible quality of life. 

The laws governing Medicaid can be complex. For 2021, the income cap to qualify for Medicaid in Florida is $2382.00, per month. If your monthly income, from all sources, exceeds the limit for this year, you will not qualify for Medicaid. You may, however, consider creating either a Miller Trust, a Qualified Income Trust (QIT), or a Supplemental Needs Trust. A Miller Trust is an irrevocable trust that accepts any monthly income over the income cap or slightly more, even though the Trust still uses that money to pay for your long-term care, minus a small personal allowance. These types of trusts may be structured so that certain assets and income sources are removed from the Medicaid calculation, allowing a person to then qualify to receive Medicaid benefits to cover the cost of long-term care.

Medicaid planning may require a thorough examination of your total asset portfolio. Our office can help you protect your home and other assets. This can be especially important if one spouse needs care and the other can live independently. Do you have questions? Please contact our law practice to learn more. We are here for you. Elder and Estate Planning Attorneys PA is a law office small enough to provide personal service but large enough to provide service in Palm Beach, Martin, St. Lucie and Indian River Counties.