Easy Law Finder

Tag: medical-expenses

  • Florida Makes Changes to Lawsuits for Big Payments for Injured People and Their Lawyers

    —

    by

    Elf
    in

    1. House Bill 837 was signed by Florida Governor Ron DeSantis to decrease frivolous lawsuits and prevent predatory practices of trial attorneys. 2. A record number of 280,122 cases were filed in March 2023, 126.9% higher than the previous record set in May 2021. 3. The bill repeals section 627.428, Florida Statutes, which provided for…

  • Financial Compensation for Whiplash and Concussion Injuries

    —

    by

    Elf
    in

    – Whiplash injury occurs when the head and neck are suddenly snapped forward and backward, causing soft tissue injuries. Symptoms may appear days later and can be challenging to treat. – Concussion is a traumatic brain injury (TBI) caused by a violent blow or severe shaking to the head. It can lead to other neurological…

  • What to Do After Getting Hurt at Work

    —

    by

    Elf
    in

    Step 3: File a Workers’ Compensation Claim Employees should fill out a workers’ compensation claim form and submit it to the Florida Division of Workers’ Compensation. It is important to do this within one year of the date of the accident to be eligible for benefits. Step 4: Follow Doctor’s Orders and Attend Medical Appointments…

  • Tax Breaks for Taking Care of an Elderly Relative

    —

    by

    Elf
    in

    – If an individual is providing care for an elderly parent or grandparent, they may be eligible for tax breaks. – Medical expenses for the elderly individual can be included in the caregiver’s medical deductions if they qualify as a “medical dependent”. – The caregiver may qualify for “head of household” filing status if they…

  • Maximize Your IRA Savings by Donating to Charity Instead of Paying Taxes

    —

    by

    Elf
    in

    – Individuals aged 70 ½ or older who are taking distributions from a traditional IRA can direct up to $100,000 per year of their IRA distributions to charity. – These qualified charitable distributions (QCDs) count toward required minimum distributions (RMDs) but do not increase adjusted gross income (AGI) or generate a tax bill. – Keeping…

  • What Workers’ Comp Doesn’t Pay for in Florida

    —

    by

    Elf
    in

    – Workers’ compensation in Florida covers initial care or treatment, out-of-pocket expenses, and up to 66-⅔ of total wages before the accident for injured workers. – Pain and suffering, pre-existing conditions, and injuries from reckless behavior or horseplay on the job are not covered by workers’ comp. – If an employee is injured by a…

  • “Changes to Florida Medical Laws to Protect Patients: What You Need to Know”

    —

    by

    Elf
    in

    – HB 837 replaces Florida’s pure comparative fault system with a modified comparative fault system. – Under the new system, claimants found to be at least 51% liable for an incident cannot seek reparation from the other party. Uniformity in Proving Damages for Medical Expenses – The legislation establishes a uniform evidentiary threshold for proving…

  • Supreme Court Allows States to Get Money from Lawsuits to Cover Future Medicaid Costs

    —

    by

    Elf
    in

    – The U.S. Supreme Court ruled in favor of Florida’s Medicaid program in the case of Gallardo v. Marstiller, allowing states to recoup future medical expenses from Medicaid beneficiaries who receive tort settlements. – The court’s decision was based on the interpretation of the Medicaid Act, which requires beneficiaries to assign the state any rights…

  • “Year-End Tax Tips for Business Owners”

    —

    by

    Elf
    in

    1. Business owners may be able to deduct up to 20 percent of their qualified business income from their taxable income through the Qualified Business Income Deduction (QBI). 2. Taking advantage of bonus depreciation or Section 179 expensing for capital expenditures before the end of the year can lead to significant tax deductions for business…

  • What Happens to My Spouse’s Debts When They Die?

    —

    by

    Elf
    in

    – Most Americans have some form of debt, accounting for an estimated $14 trillion in debt collectively. – While most debts are paid by the deceased person’s estate, in some cases, the surviving spouse may be responsible for paying off the deceased spouse’s debts. – People of all ages, including those nearing retirement or in…

  • Tax-Free Family Gifts: What High School Students Need to Know

    —

    by

    Elf
    in

    – Planning for the future includes options for education funding, retirement planning, and estate planning. – Services offered by Baird include investment management, insurance planning, and liquidity solutions. – Market insights and wealth strategies are part of Baird’s insights and education offerings. – Baird leaders discuss integration with Hefren-Tillotson, investment in Minnesota, and the client-first…

  • Florida PIP 14-Day Accident Law: What High School Students Need to Know

    —

    by

    Elf
    in

    1. The Florida 14-day accident law, also known as the PIP 14-Day Rule, requires individuals involved in a car crash to seek medical care within 14 days to access PIP benefits. 2. PIP insurance covers medical expenses, wage loss, and funeral expenses regardless of fault, providing up to $10,000 in coverage for necessary and reasonable…

  • Calculating Child Support in Florida

    —

    by

    Elf
    in

    – Child support is based on the Florida Child Support Guidelines in Section 61.30 of the Florida Statutes. – The primary factor used to calculate child support is the net income of both parents. – Other factors include the number of children involved, health insurance expenses for the children, and the time-sharing schedule. – Each…