Regardless of the size of your estate, comprehensive estate planning can help you make the most of the assets you have worked hard to build. It is important to make sure that you take a thorough approach to estate planning in order to preserve as many assets as possible, and…
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Study shows yoga may reduce falls among elderly
A recent study by a University of Wisconsin–Madison professor of family medicine indicates seniors who practice yoga on a regular basis may dramatically decrease their risk of falls and potentially serious injuries. According to the study, the number of falls in older adults dropped 48 percent in the six months…
Debt and Estate Planning
Debt is an all-too-common part of our everyday life. In fact, Marketwatch.com lists American personal debt – including homes, student loans, and auto loans – at approximately two billion dollars. This figure does not include credit card debt. However, as daunting as debt may seem, making sure to consider your…
Federal officials study how to cut drug prices for Medicare patients
In the wake of rising drug prices over years for Medicare patients, federal officials appear ready to finally take some kind of action to help with out of pocket costs many seniors and disabled persons struggle with. Recently, federal officials have begun to explore the possibility of achieving lower drug…
Exploring Medicaid Trusts
Long-term medical care is expensive, and there is no indication that trend will reverse itself anytime soon. That means you need to be proactive in considering the implications of long-term medical care costs when approaching comprehensive estate planning. Many people find themselves falling short of the funds needed to pay…
AARP filing lawsuits to stop illegal nursing home evictions
Lawyers for AARP recently took the unprecedented step of filing a lawsuit against a California nursing home chain claiming the defendant violates the civil rights of patients by evicting them without due cause. The group filed their suit on behalf of an 83-year old woman with alzheimers who became separated…
CBO: GOP tax bill would strip $25 billion from Medicare funding
According to the Congressional Budget Office (CBO), the proposed GOP tax bill would strip an estimated $136 billion from mandatory spending in 2018, including $25 billion in Medicare cuts if Congress does not find away to offset the cuts. Under the so-called pay-go law, Medicare can only be cut a…
Trusts as Retirement Account Beneficiaries
Preparing a comprehensive estate planning strategy is an important step in making sure the assets you have worked hard to build are secure and can be distributed to heirs according to your wishes. An experienced estate planning attorney can help you develop an estate planning portfolio that meets all of…
Washington Post article puts spotlight on difficult healthcare choices for seniors
A recent article by The Washington Post put a spotlight on the difficult healthcare choices many seniors must make when it comes expensive specialty drugs that appear to be going up higher and higher in price without any end in sight. For many seniors like the couple featured in the…
Medicare Part B premiums to increase 23 percent for many seniors
According to a recent report by CNBC, Medicare Part B premiums are expected to rise for millions of seniors across the country in 2018, putting even more financial strain on elders trying to enjoy their golden years while living on fixed incomes. The increased costs means many seniors should prepare…