How Seniors Can Avoid Medicare Scams
By far the largest types of insurance fraud are scams against government and private health care insurers. Scammers frequently target government insurance like Medicare by stealing newly issued medical ID cards and then stealing identities. The Coalition Against Insurance Fraud estimates that tens of billions of dollars are lost annually to these types of fraud. […]
The Uncertainty of Social Security Funding
Social Security benefits, which are funded through 2 trusts, may not be available for much longer. The US Social Security Administrations funding trusts are known as the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund. In their annual report to Congress, the Board of Trustees has published some startling […]
Estate Planning Checkup
Just Like You Need a Medical Checkup, Your Estate Plan Needs a Checkup! Whether or not you currently have estate planning documents, one important item to add to your calendar is getting an estate plan checkup. Don’t Have an Estate Plan? If you don’t already have an estate plan, then getting one in place should […]
Holding a Family Caregiving Meeting
A family caregiving meeting is an essential tool when dealing with the care of an aging loved one. These meetings are beneficial for helping to keep all family members abreast of decisions that need to be made, changes in diagnosis or prognosis, and helps to ensure that all family members feel that they have a […]
Avoiding Common Estate Planning Mistakes
Are Any of These 11 Mistakes Lurking in Your Estate Plan? 1) Lack of Healthcare and Disability Planning. The majority of deaths occur in hospitals or other institutions. Patients may be incapacitated to the point where they can no longer communicate their healthcare wishes. Advance Directives and a Healthcare Power of Attorney can identify healthcare […]
Asset Protection for Physicians
3 Liability Planning Tips for Physicians You probably know that the practice of medicine is a profession fraught with the risk of liability. It’s not just medical malpractice claims either (although those are certainly scary enough). It’s the entire scope of risk from being in business, including employment-related issues, careless business partners and employees, and […]
Want a ‘Simple’ Estate Plan? Think Again
Happy New Year everybody! As the calendar turns to 2019, many people are thinking about their goals for the coming year. One of those goals may be estate planning. At first blush, you might think: “I just need something simple”. After all – trusts are only for the Rockefellers of the world, right? Not so […]
Estate Planning…A Must Whether You Have a Little or a Lot!
Estate Planning…A must whether you have a little or a lot! While everyone is celebrating during this holiday season, the manner of these celebrations can vary based on differing family traditions, religions, and geographic regions. Estate planning is no different—protecting your family’s future must be customized to fit your and your family’s unique needs. No […]
Alzheimer’s Factors to Be Aware Of
Alzheimer’s Factors to Be Aware Of According to the Alzheimer’s Association, Alzheimer’s disease is a type of dementia that causes problems with memory, thinking and behavior. Symptoms usually develop slowly and get worse over time, becoming severe enough to interfere with daily tasks. Alzheimer’s affects a growing number of people. There are several factors known […]
Wills vs. Trusts
Wills vs. Trusts: A Quick & Simple Reference Guide Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like me, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t […]