The Office of the Assistant Secretary for Planning and Evaluation (ASPE) has released a report that demonstrates the benefits senior citizens are expected to receive as a result of new health care reform. The average senior … [Read more...]
Recent News: Democrats Petition Obama to Limit Social Security Reform
The National Commission on Fiscal Responsibility and Reform may recommend budget cuts with regard to social security benefits, but members of Democratic members of Congress are vehemently warning President Obama that they will … [Read more...]
Important Medicare Change: Patients No Longer Need to Show Progress to Receive Nursing Coverage
Medicare coverage of short-term rehabilitation in a nursing home is about to undergo a major policy change, resulting in beneficiaries with chronic conditions such as Alzheimer’s disease, Parkinson’s disease, ALS (Lou Gehrig’s … [Read more...]
Important Medicare Change: Patients No Longer Need to Show Progress to Receive Nursing Coverage
Medicare coverage of short-term rehabilitation in a nursing home is about to undergo a major policy change, resulting in beneficiaries with chronic conditions such as Alzheimer’s disease, Parkinson’s disease, ALS (Lou Gehrig’s … [Read more...]
Planning for Long-Term Care (Part 4)
The most important thing that you can do in planning for future contingencies is to act now. The future may hold limited resources or health problems for you and either one of these may prevent you from taking care of the things … [Read more...]
Planning for Long-Term Care (Part 1)
Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]
“Extra Help” Benefit for Seniors with High Prescription Expenses
It is no secret that medicine can become very costly as we age – especially as the prescriptions we are told to take by our doctors begin to increase in number. When no generic version of a drug exists yet, the costs are even … [Read more...]
Is Medicaid Too Complex for Americans?
Medicaid complexity is a real problem. For those not familiar with program specifics, Medicaid - not Medicare - is the program Americans rely on to receive their long-term care. Long-term care is extraordinarily expensive – in … [Read more...]
5 Basic Reasons to Consider a Revocable Living Trust
A revocable living trust can function as a Will, but it also offers other benefits that you should consider. If you pass away without a Will or Trust, the laws of your state will determine who receives your property, and in what … [Read more...]
Estate Planning Attorneys Warn About Matching Beneficiaries to Those Named in Your Will or Trust
As an estate planning attorney in Virginia, I have unfortunately seen many circumstances where a person goes through the time and expense of having an estate plan done, only to fail to update their beneficiaries on their financial … [Read more...]
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