New Brokerage Account Safeguards Aim to Protect Seniors From Financial Scams

New rules have been put in place to protect seniors with brokerage accounts from financial scams that could drain the accounts before anyone notices.

Seniors Often Must Fight for Medicare Home Health Benefits

Medicare is mandated to cover your home health benefits with no limit on the time you are covered. Unfortunately, few Medicare beneficiaries get the full level of service to which they are entitled. 

Medicare Launches Hospice Compare Website

Patients looking for hospice care can now get help from Medicare’s website. The agency’s new Hospice Compare site allows patients to evaluate hospice providers according to several criteria.

ELDER LAW TOOLKIT PART III

The Commission on Long Term Care’s Final Report issued in Sept 2013 revealed some interesting and rather worrisome facts: 1. More than 12 million Americans rely on long term care services and supports (LTSS), either in their home, community or in an institution; 2. Most of that care comes from family, friends and dedicated caregivers; […]

You Can Give Away More Tax Free in 2018

After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018. Very few taxpayers will have to pay a gift tax in any case.

Medicare's Part B Premium Will Be Unchanged in 2018, But Many Will Pay More. Got That?

The announcement of the 2018 Medicare premium is good news for some beneficiaries and bad news for many others. 

Elder Law Survival Kit – Part 2

Here is the current information regarding the scope and cost of long term care: According to the Department of Human Services (HHS), eight out of every ten people in this country will require some type of long term care. The average cost of an assisted living facility is over $42,600 per year. The average cost […]

Three Reasons Why Giving Your House to Your Children Isn't the Best Way to Protect It From Medicaid

You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.

It’s a Beautiful Thing?

Beautiful! A few years back we accompanied an elderly client and her family through assisted living, nursing and then hospice care. When I first met Mary (not the real name of our 80-something client), I thought her an attractive and vibrant woman, full of fun and just a bit of flirtatiousness. I liked her when […]

Power of Attorney – Essential for Elder Law Survival – Part 1

With so many television shows devoted to survival and doomsday preparation, I thought it appropriate to discuss what families should do to prepare for a long term care event.   Given that three out of four people will either receive nursing home level care at home or in a facility, what is the most important legal […]