Articles on "Money & Legal"

January 25, 2013 2:20 pm

Report Drop in Hospitalizations and Rehospitalizations among Medicare Beneficiaries

A new report suggests that communities where hospitals, other health care providers, and community services work together to coordinate evidence-based hospital discharges and provide better support in the community, can see a 6 percent drop in hospitalizations and rehospitalizations, per 1,000 beneficiaries, in just the first two years. This project relied upon Medicare’s Quality Improvement Organizations (QIOs) to anchor and guide the work, and the average community netted about $3 million dollars in annual savings for Medicare. These findings were […]

January 25, 2013 2:12 pm

Aging Family Dynamic May Lead to Tax Relief

Members of the sandwich generation — caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs — might find some relief come tax time. The bottom line is, who’s a dependent? Your kindergarten-age son, your adult daughter, her grandparents, or maybe an elderly uncle or aunt? “There’s a changing family dynamic because of the economy,” said Bob Meighan, vice president of TurboTax, an online tax preparation service. More people are living longer. According to the […]

November 26, 2012 5:56 pm

Eldercare Locator Announces Holiday Campaign to Help Prevent Financial Exploitation of Older Adults

10th Annual Home for the Holidays Campaign Encourages Families to Spend Time Discussing Strategies to Address Financial Exploitation With Older Family Members As financial exploitation targeting older adults continues to become more prevalent in the United States, the national Eldercare Locator announced today that it has launched a campaign to encourage older adults and their families to address this critical issue and to get informed about the warning signs and resources available to help prevent exploitation.  Research shows that as […]

November 5, 2012 9:14 pm

People on the Move – Evan H. Farr

Certified Elder Law Attorney Evan H. Farr of The Law Firm of Evan H. Farr, P.C. , an Elder Law and Estate Planning firm based in Fairfax, was recently honored as one of 2012’s “Leaders in the Law” – an annual award presented by Virginia Lawyers Weekly. The “Leaders in the Law” award honors those within the legal community who are working to better the legal profession through mentoring and involvement within their community, as well as going above and beyond […]

Help with Daily Money Management–InfoDoc, Inc.
October 24, 2012 7:26 pm

Help with Daily Money Management–InfoDoc, Inc.

It all started with a phone call. Ivor and Jean Jones had been living in an assisted living community in Baltimore, Md., for several years when one of their sons, Dr. Bruce Jones, received an unexpected call from their neighbor. “The neighbor had seen their condo listed in the paper as not having paid taxes. It was scheduled for tax sale,” Bruce recalled. Bruce was shocked, but he soon realized that his father had not been managing any of the […]

October 24, 2012 1:47 am

Survey Reveals Future of Medicare is No. 1 Worry for Seniors

A national survey of seniors finds that the future of Medicare is their No. 1 concern. At the same time, nearly three out of four (71 percent) would pay more to keep their coverage, according to the 2012 Allsup Medicare Advisor® Seniors Survey. The national study of 1,000 seniors enrolled in Medicare plans was commissioned by Allsup and conducted by Richard Day Research, a Market Probe Company based in Evanston, Ill. Although a combined 89 percent of seniors said they […]

October 24, 2012 1:23 am

Settlement Eases Rules for Some Medicare Patients

A New York Times article details the a proposed settlement of a nationwide class-action lawsuit, the administration has agreed to scrap a decades-old practice that required many beneficiaries to show a likelihood of medical or functional improvement before Medicare would pay for skilled nursing and therapy services. Under the agreement, which amounts to a significant change in Medicare coverage rules, Medicare will pay for such services if they are needed to “maintain the patient’s current condition or prevent or slow […]

October 9, 2012 7:12 pm

Boomer Women Feeling More Financially Insecure than Men

Boomer women are more uncomfortable, worried, or concerned than boomer men about their current financial situation and what the future may hold for them, according to an AARP Public Policy Institute survey of nearly 4,000 boomers aged 50-64 with current or recent labor market experience.  This fact sheet focuses on the responses to 16 questions in the survey that were designed to get at feelings of worry or concern; they do not include specific events or situations that might cause […]

October 3, 2012 7:50 pm

National Academy of Elder Law Attorneys Celebrates National Special Needs Law Month

Elder and Special Needs Law Attorneys Across the Country Educate People with Disabilities and Their Families on Legal Options This October The National Academy of Elder Law Attorneys (NAELA), a professional association of attorneys dedicated to improving the quality of legal services provided to older Americans and individuals with special needs, established October as National Special Needs Law Month as a way to educate people with disabilities and their families about their legal options in dealing with durable powers of […]

September 24, 2012 5:27 pm

Report Details Cost Of Elderly Care is Challenging Military

First Command Financial Behavior Index® reveals that half of middle-class servicemembers  who care for an elderly family member say costs are higher than they expected At a time when men and women in uniform are dealing with the twin uncertainties of a global economic turmoil and defense downsizing, many military households are facing an extra financial challenge: caring for an elderly family member. The First Command Financial Behaviors Index® reveals that 36 percent of middle-class military families (senior NCOs and […]