by Karen Kaslow, RN, BSN | Mar 2, 2020 | Finances, Scam Alert, Sentinel Articles
Older adults are prime targets for fraud and scams for a variety of reasons. For example, they may be lonely and more willing to speak with strangers, have assets available after years of saving for retirement, and/or may have been taught since childhood to...
by Karen Kaslow, RN, BSN | Oct 28, 2019 | Finances, Medicare
Have you ever been confused by an Explanation of Benefits statement from your health insurance company or received surprise medical bills? Between premiums, deductibles, coinsurance, in- network vs. out-of-network charges and covered vs. non-covered services,...
by David D. Nesbit, Esq. | Sep 27, 2019 | Finances, Sentinel Articles
It is important for aging persons to understand annuities. Few people really do. An annuity can be a great investment. Sometimes an annuity can be a useful tool to accelerate the ability to get the government to pay for care in a nursing...
by David D. Nesbit, Esq. | May 20, 2019 | Aging, Finances, Sentinel Articles
An Irrevocable Funeral Trust (IFT) is a useful tool for people who are facing the high cost of skilled nursing care. The IFT is an eligible expense during the Medicaid spend-down process. It sets aside sufficient assets so that a surviving family member does not...
by David D. Nesbit, Esq. | Apr 30, 2019 | Finances, Medicaid, Nursing Homes, Sentinel Articles
Note: Medicaid regulations vary from state to state. This information is based on regulations in Pennsylvania. What is the difference between Medicare and Medicaid? Medicare is health insurance and covers medical services such as physician...
by David D. Nesbit, Esq. | Jan 14, 2019 | Finances, Medicaid, Sentinel Articles
Considerations for Funeral Preplanning I confess that I have not yet pre-planned my funeral. Eventually, I will stop procrastinating and get around to it. It seems that each week I witness a fresh reminder that the moment of one’s death is not...
