Americans are living longer. It is predicted that approximately 70% of individuals over the age of 65 will be unable to complete at least two of the activities of daily living. By 2025 it is expected that for every 100 middle age individuals, there will be 253 seniors (definition given for “seniors” varied by age […]
Do you have a family member who needs help and you have hired someone who comes into the home periodically or who may even stay in the home full time? If the answer is yes, where are financial documents kept? Who gets the mail? If the aide or caregiver or helper – whatever title you […]
Medicare and its more than 60 million beneficiaries are under attack from scammers who want to disrupt the program. Their primary aim is defrauding Medicare itself. Billions of dollars were lost in 2017 due to fraud, abuse and improper billing. You ask – how can this happen? Their schemes target beneficiaries directly, steal identities or […]
Families have changed throughout the years due to divorces, second marriages, blended families, same sex marriages, single parents, cohabitating couples, multinational couples, couples with different religious beliefs, age gaps between couples – all which can require special considerations in doing your estate planning. You may have one or more of these considerations to be factored […]
In this final blog about Medicare, we will discuss some highlights regarding prescription drug coverage. Check your plan for Part D as to covered prescription drugs and which are formulary and non-formulary. Each plan has lists of drugs fitting into each category. If your drugs are not on the approved list, you may have to […]
Last week, we talked about enrollment periods and what happens if you fail to enroll at a specified time. This week, we will discuss the different types of Medicare. There is confusion with original Medicare and Medicare Advantage plans. When you are eligible for Medicare, you have a choice which is dependent upon your health […]
Medicare open enrollment is upon us. It can be a daunting time with choices to be made. Choosing the best Medicare options that will work best for you can be complicated. This is the first of a three-part series which will help you avoid some common Medicare mistakes. That magical birthday of 65 is approaching. […]
When you say “estate planning”, many people think of going to an attorney and having their Last Will and Testament prepared. But, is this all that meets the definition of “estate planning”? Oh no — far from it. First of all, the term “estate planning” is the production of documents far beyond a Will. At […]
New Jersey recently enacted the right to die or assisted suicide legislation as the eighth jurisdiction in the U.S. to allow a fatally ill individual to make a decision to end their life. New Jersey joins Hawaii, Colorado, Oregon, Vermont, Washington and California. The legislation is deemed to be a commitment to individual dignity, informed […]
You have the luxury of a cleaning person. A neighborhood kid cuts your lawn or shovels your snow. You have a great babysitter when you need one. You have someone who runs errands for you. It is so nice to have people you rely upon and who can help you out. But, wait! Are these […]
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