Elder Law Questions: What is an annuity?

What is an Annuity? An annuity is an insurance product whose primary purpose is to pay income to an individual.  It is generally used as part of a retirement plan.  An individual will invest a certain sum of money for the promise that payments will be made to the...

Florida Homestead and Medicaid

Florida Homestead and Medicaid: What You Need to Know Florida is one of a few states that has a very broad homestead protection. Florida’s Constitution states that a person’s homestead is protected from their creditors (this includes nursing home or other medical...