Category: Elder Care
Elder planning deals with protecting assets while you’re still alive and perhaps unable to make good decisions. Having someone who is suffering from Alzheimer’s and unable to make decisions is like a living death, for all parties. Much of our planning is done for the unknown. We don’t know what lies ahead, so having a […]
Rooney helped draw attention to the hidden and underreported crimes associated with elder abuse through his unique role as a high-profile and victim of abuse while still retaining a clear ability to testify and completely comprehend his affairs. With a career of more than 300 films, Mickey Rooney’s biggest role may have been when he […]
Keep an eye on the Obama Administration budget proposals as there are several provisions which may affect estate planning. For example, there is a provision which would reduce the $5 Million federal estate tax exemption to $3.5 Million – the 2009 level. Stay tuned! http://www.treasury.gov/resource-center/tax-policy/Documents/General-Explanations-FY2015.pdf
Michael Pirron called John Hancock to ask about the care options covered by his parents’ insurance.“Their answer was, essentially, ‘What policy?’” he said. The policies had lapsed eight months earlier, and it was too late to send in the past due amount and get them reinstated. Long-term care planning is prudent for unforeseen care expenses […]
For years, it has been an article of faith that Medicare would not pay for services such as skilled nursing or physical therapy unless that care improved a patient’s health status. How did this misunderstanding go on for so long? Learning all the ins and outs of Medicare benefits can leave beneficiaries and patients more […]
Could you be legally liable for paying for your parents’ care? Filial support laws exist in 29 states as well as Puerto Rico, and have quietly existed on the books for a long time. Now, however, these laws are a very real and present concern for the adult children of elderly loved ones. Fortunately, Forbes […]
[Pacemakers] prolong lives, but “all those people will face decisions down the road,” Dr. Mueller said. “’Do I keep it going? Do I turn it off?’” Physicians have similar questions, including what kinds of patients confront these choices and who usually winds up making these decisions. Do you or a loved one live with a […]
My mother gave me money in 2009. Now (2013) she is in a nursing home and needs to get Medicaid. Does that money need to go back in her account because of Medicaid’s five-year lookback? Medicaid is wound tight with very well-intentioned rules to stop people from taking advantage of or “beating the system.” These rules […]
If a beneficiary disagrees with a decision, there are reconsideration and appeals procedures within the Medicare program. Medicare approvals can be tough at times, and some may find their claims come up with the big “D” – denial. So what happens when Medicare denies a beneficiary’s claim for care? While it is not always smooth […]
“Hopefully, older adults who previously were unable to afford to see a therapist will now be more likely to do so,” said Andrea Callow, a policy lawyer with the Center for Medicare Advocacy. Now that 2014 is officially here, it’s time to start reviewing the Obamacare provisions that went into effect January 1. One change […]
