Q. My friend’s father recently suffered from pneumonia. Rather than being admitted to the hospital, he was offered another choice: hospital-level treatment in his home. I had never heard of such a thing. Is this type of care common? And is it covered … [Continue reading]
Why Should Gen Z’s and Millennials Care about Social Security?
Dear Oakley, I was born in 1997 and am therefore considered Gen Z. My wife, who is two years older and a millennial, and I are many decades away from retirement. When it comes to my generation and my wife’s, why should we be at all concerned … [Continue reading]
Two Mind-Blowing Stroke Findings Will Be Presented This Week
This week, the American Stroke Association’s International Stroke Conference 2023 will be held in person in Dallas beginning today and virtually Feb. 8-10, 2023. The conference is a world premier meeting for researchers and clinicians dedicated to … [Continue reading]
There are Downsides to Delaying Required Minimum Distributions (RMDs)
Q. A few weeks ago, you wrote about SECURE 2.0 and some of the impactful provisions of the new law. Among them, you mentioned how the age when Required Minimum Distributions (RMDs) would need to start has increased to 73 for individuals who turn 72 … [Continue reading]
Benefit Programs for Eligible Retirees
Dear Hayek, My wife and I recently retired and are finding it hard to keep up with day-to-day living costs. Are there any benefits that we may be eligible for that can help? Thanks so much! Ben A. Fitz --- Dear Ben, A retirement … [Continue reading]
Staying Optimistic After an Alzheimer’s Diagnosis
Greg O’Brien is an award-winning investigative reporter who’s written for many national and regional publications, including The Washington Post. He was diagnosed with early onset Alzheimer’s at the age of 59 after a traumatic brain injury. … [Continue reading]
What the New Enhanced Auditing of Medicare Advantage Means for You
Q. I remember reading in one of your articles this past fall that some of the largest Medicare Advantage insurers are submitting inflated bills and that it’s one of the reasons everything is so much more expensive for plan enrollees. I also heard … [Continue reading]
Will the Inflation Reduction Act Affect Seniors on Medicare?
Dear Angel, I heard about the Inflation Reduction Act and am hoping it will help Americans during this challenging time. With the rise in cost of everything these days, we can certainly use all the help we can get. What I’m wondering is… how does … [Continue reading]
The ‘Benjamin Button’ Effect: If Scientists Can Reverse Aging in Mice, Can They Do the Same for Humans?
Fourteen years ago, the movie “The Curious Case of Benjamin Button” was released. In the movie, Benjamin Button (Brad Pitt) begins life as an elderly man in a New Orleans nursing home and ages in reverse. Twelve years later, he meets a young lady, … [Continue reading]
Using LLCs and Asset Protection Trusts for Asset Protection of Rental Property
Q. I own a rental property in Springfield, Virginia, that's just in my name. I heard the best way to protect my assets, should I be subject to a lawsuit, is by creating an LLC for my rental and deeding the house to the LLC. But I also know that your … [Continue reading]
Are You Celebrating Life This January?
Dear Raider, As we embark on the first few weeks of the New Year, I decided that 2023 will be my year to make a change and add more positivity and gratitude to my life. I heard that January was Celebration of Life Month. What are some ways that … [Continue reading]
FDA Approves New Alzheimer’s Drug That Slows Progression of the Disease
On January 6, 2023, the Food and Drug Administration approved the new Alzheimer’s drug lecanemab, which has been shown in clinical trials to slow cognitive decline in patients with mild cognitive impairment or early Alzheimer’s disease. The approval … [Continue reading]
SECURE 2.0: The Biggest Changes for Retirement Savings in 15 Years!
Q. I heard that SECURE 2.0 was recently passed. It supposedly has provisions that make it easier to set aside money for unexpected emergency expenses. I also heard that it will not only help people avoid a short-term money shortfall but also keep … [Continue reading]
Are Your Retirement Savings Are on Track?
Dear Oakley, My husband and I are hoping to retire in the next five years, but we’re not sure if our retirement savings are on track. Are there any useful benchmarks we can take a look at to give us a sense of how we are doing? Thanks so much for … [Continue reading]
How Caregiving Can Heal a Relationship
Lori Grinker, a photojournalist and professor at New York University's Arthur L Carter Journalism Institute, was never close to her mother, Audrey. Their relationship had been strained when Lori’s parents got divorced and when her brother died from … [Continue reading]
How to Put a Stop to Illegal Nursing Home Debt Collection Tactics
Q. Happy New Year! My mother has dementia, and we are looking into nursing home options. I had lunch with a friend today, and she told me a horror story that involved debt collectors. My friend was surprised and incredibly upset when she received a … [Continue reading]
Social Security Scams Are Linked to New Higher COLA
Dear Angel, It’s 2023, and with the new year comes a new higher cost-of-living adjustment. I can’t say that I am not excited about that. Unfortunately, I heard that there are some scammers out there trying to get their hands on the bit of extra … [Continue reading]
Our 22 Top Articles of 2022
Those who read our newsletter or follow our blog know that we covered a lot of ground this past year. The COVID-19 pandemic public health emergency has been in place for more than two and a half years at this time, and although things feel much more … [Continue reading]
Happy Holidays From The Farr Law Firm!
Farr Law Firm Staff Participates in Food for Others Power Pack Program
As the days get colder and the holidays are upon us, we are reminded that many families across the DC Metro area are facing a stark reality. For thousands of families in DC, Northern Virginia, and Maryland ― as well as millions across America ― a … [Continue reading]
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