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Short-Term Care Insurance: An Alternative to the Long-Term Care Variety

Long Term or Short Term

A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less. As … Continue reading






Posted in Long-Term Care Planning | Tagged , , |

Study Finds That Social Security Workers Often Provide Incomplete Information

Social Security Administration

Americans are misinformed about many aspects of Social Security, and local Social Security offices may not be helping, according to a study by the Government Accountability Office (GAO). The study found that the Social Security field offices often did not … Continue reading






Posted in Long-Term Care Planning | Tagged , |

Dispute Between Brothers Demonstrates Need to Plan for Long-Term Care

Arm Wrestling

A recent New Jersey appeals court case demonstrates how important it is for families to come up with a long-term care plan before an emergency strikes. The case involves two brothers who got into a fight over whether to place … Continue reading






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Adding to Uncertainty for Scam Targets, the IRS Now Allows Private Debt Collectors to Dun Taxpayers

IRS

          In a move that could be confusing to seniors who are vulnerable to scams, the IRS will begin using private debt collection agencies to collect past-due taxes. The new program will begin in April 2017. … Continue reading






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Aging Drivers and the Law

Senior Driving Laws

      For better or for worse, our current culture is very car-dependant; in many places, cars are the only convenient link to the outside world. Unfortunately, as people age, driving can become more difficult and more dangerous. The … Continue reading






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Four Provisions People Forget to Include in Their Estate Plan

last_will_&_testament_sm

Even if you’ve created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact on … Continue reading






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Hospitals Now Must Provide Notice About Observation Status

Notice Act

        All hospitals must now give Medicare recipients notice when they are in the hospital under observation status. The notice requirement is part of a law enacted in 2015 but that just took effect.     Signed … Continue reading






Posted in Care Coordination, Medicare | Tagged |

Costs of Some New Long-Term Care Insurance Policies Rise in Latest Survey

Long Term Care Insurance

        A couple who are both age 60 and who purchase new long-term care insurance coverage can expect to pay between 6 and 9 percent more compared to a year ago according to the 2017 Long Term … Continue reading






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Trump Delays Rule That Retirement Advisers Put Their Client’s Interests Ahead of Their Own

Financial Advisors

        President Trump signed an executive order calling for a review of the so-called fiduciary rule, which was intended to prevent financial advisers from steering their clients to bad retirement investments by requiring advisers to act in … Continue reading






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Things to Remember at Tax Time

      Tax day, which is April 18th in 2017, is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying taxes. As tax time draws near, you want to make sure you file … Continue reading






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