Republican presidential candidate Mitt Romney has announced his support for raising the age of Medicare eligibility from 65 to 67. However, research suggests that such a move would increase out-of-pocket costs for younger seniors and raise health care costs overall. Making baby boomers wait two more years before they’re covered by the highly popular Medicare program would indeed save the federal government $5.7 billion in 2014, according to a study by the Kaiser Family Foundation. But at the same time, Kaiser says the change would mean that 65- and 66-year-olds, their employers, other Medicare enrollees, and states would have to cough up an extra $11.4 billion.
Important information everyone should know about Advance Directives! Provided by Elderlawanswers. A durable power of attorney and a health care proxy are two very important estate planning documents. Both allow other people to make decisions for you in the event you are incapacitated. Because the individuals chosen will have to coordinate your care, it is important to pick two people who will get along. A power of attorney allows a person you appoint — your agent or “attorney-in-fact” — to act in your place for financial purposes when and if you ever become incapacitated.
Have you ever wanted to try your chance at blackjack, roulette or craps, but didn’t want to lose your hard earned money? Now’s your chance to gamble for a great cause at the Best Buddies Casino Night on Saturday, November 17th at The Mezz. Tickets are now available over the phone at 407-898-0787 x 107, online purchase option coming soon! Individual tickets are $100 or $175 for a pair. Ticket prices include drinks, parking, first round of gambling chips, passed hors d’oeuvres and much more. All proceeds benefit students and adults with intellectual and developmental disabilities in the Central Florida community.
Read this article on the importance of updating your estate planning documents before you remarry. Article provided by ElderLawAnswers.
If you are getting remarried, you obviously want to celebrate, but it is also important to focus on less exciting matters like redoing your estate plan. You may have created an estate plan during your first marriage, but this time it will probably be more complicated–especially if you have children from your first marriage or more assets.
Come out to the Marks Street Senior Center on August 30th at 6:00 pm to hear Heather C. Kirson, Esq. and Patti Fuller, Esq., B.C.S. speak on topics such as Medicaid Planning, VA benefits and Estate Planning. If you or someone you know is having to face the issue of how to pay for long-term care, this could be the perfect opportunity to learn how you can get help to pay for it! This is a free event and is open to the public. Please call (407) 422-3017 for more information.
Come out to the Winter Park Community Center on August 9th at 4:00 pm to hear Heather C. Kirson, Esq. and Patti Fuller, Esq., B.C.S. speak on topics such as Medicaid Planning, VA benefits and Estate Planning. If you or someone you know is having to face the issue of how to pay for long-term care, this could be the perfect opportunity to learn how you can get help to pay for it! This is a free event and is open to the public. Please call (407) 422-3017 for more information.
A. Striped wallpaper or vertical blinds can lead people to feel incarcerated- and plan escapes!
B. Mirrors or photographs can lead to paranoid behaviors and increased hoarding behaviors.
How will the new health care reform affect Medicaid? Read this article provided by ElderLawAnswers to find out! One of the key provisions of the Affordable Care Act, the new health reform law, gives money to states to expand Medicaid to adults and families with low incomes – a total of about 17 million additional people. However, the Supreme Court recently ruled that the federal government cannot effectively coerce states into accepting the Medicaid expansion by withdrawing all a state’s Medicaid funds if it refuses.
By Jim D Sarlis, Esq Here are some common scenarios where people die without Wills — the outcomes may surprise you:
Why hire an attorney to help with your Medicaid Planning? According to ElderLawAnswers, this is why:
Do you need an attorney for even “simple” Medicaid planning? This depends on your situation, but in most cases, the prudent answer would be “yes.” The social worker at your mother’s nursing home assigned to assist in preparing a Medicaid application for your mother knows a lot about the program, but maybe not the particular rule that applies in your case or the newest changes in the law.