In 2018, recipients of Social Security will see a 2 percent increase in benefits due to the rise of cost-of-living. This adjustment in cost-of-living is the highest of its kind since 2012. Last year, there was only a .3 percent…
When we are young, we tend to think that we are invincible. As we age, we find out that taking care of ourselves is more important than ever. Normal aging affects our bones, joints and heart. For this reason, preventative…
Couples in their 60s may be found discussing upcoming vacations, their children and potential home improvements. However, there is one vital subject that is often ignored: their future retirement. Failing to discuss important details of retirement such as, where and…
Social Security is a retirement benefit for individuals who are working and contributing to the social security system. However, it also has a benefit for disabled workers and disabled individuals. Supplemental Security Disability Social Security Disability (SSD) is a plan…
This update provides new Medicare figures for 2017. This is the first of a four-part series of updates for 2017. Medicare Part A: Hospital Services Inpatient hospital deductible $1,316/illness Daily co-insurance $0/day 1-60 $329/day 61-90 $658/day 91-150 Skilled Nursing Facility…
The Trump Policy Analysis Group (TPAG) [1] has convened to consider probable changes in law that will affect older Americans and those with special needs. Initial TPAG focus is on entitlements, public benefits, tax, special needs planning, and veterans’ benefits. We…
If you are an agent under a healthcare proxy for a loved one, you may be faced with some difficult questions and issues from time-to-time.
As the fourth anniversary of Hurricane Sandy approaches, it is important to remember the loss of life and brutal destruction that was left in the wake of its path—in order to be more prepared for the future.
Before the next devastating storm hits our shores, it is crucial to make sure we are ready to provide the appropriate relief to all residents, especially those within our most vulnerable populations, such as residents of nursing homes and assisted living facilities.
Recently, the Centers for Medicare & Medicaid Services (CMS) finalized a new rule establishing emergency preparedness requirements for healthcare providers participating in Medicare and Medicaid. The new rule is aimed at increasing patient safety during emergencies and establishing a more coordinated response to natural and man-made disasters.
Our practice produces many important documents for elderly clients. Clients may forget where these documents are located within their home, lose track of the documents’ location over the course of a move, or may pass on without sharing the actual documents (or their location) with their children, executor, or guardian.
There are a few smartphone apps that can assist individuals and families to keep track of important documents such as wills or advanced directives (healthcare proxy, etc.). This tool works in conjunction with the app’s ability to catalog the contents of entire homes. This umbrella function helps with ongoing organizational efforts as well as moving assistance.
