by Patrick Cawley | Jun 29, 2020 | Family Living, Finances, Sentinel Articles
No one who uses credit cards, has a Social Security number, or shares information on social media is entirely immune from scammers or identity thieves. Older people, however, have the biggest target on their backs for financial abuse. People over the age of 50...
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...
