In the wake of the Coronavirus pandemic, advocating for your loved one in a nursing home has become more demanding and complicated. Both residents and staff in nursing homes and other long-term care facilities are disproportionately affected by COVID-19 outbreaks.…
It is natural for families to step into a caretaking role when a relative is injured, ill or elderly. The love and care many adult children receive growing up become reciprocal, particularly in the case of their aging parents. But…
The House Ways and Means Committee approved President Biden’s Build Back Better Act’s (BBBA) tax provisions, a major step towards passage of the bill. As the draft now stands, the legislative proposal may restrict the abilities of higher net worth…
There are direct and indirect costs associated with Alzheimer’s and other related dementia diseases policymakers have to consider. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month…
Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of…
Retirement planning is becoming a more urgent matter for Gen Xers as they enter their 40s and 50s. There are many things to consider, including finances, investments, insurance policies, legal documents, living arrangements, and healthcare. It is advisable to make…
My uncle got critically ill and ended up in the hospital. He asked me to take care of his bills while he is incapacitated. Back in 2002, he named me as his financial power of attorney, so I could write…
The Centers for Medicare and Medicaid Services forecasts the US Health care system will soon be significantly overwhelmed with seniors requiring medical care. Government medical programs and services, insurers, and manufacturers are tasked with finding ways to reduce the enormity…
According to a 10-year study by the Journal of the American Medical Association (JAMA) there is a connection between hearing loss and various health risks. The risks include a 50% greater risk of dementia, a 40% greater risk of developing…
In the healthcare industry, the acronym LASA, which stands for “look-alike-sound-alike” is used when referring to medications. When it comes to federal programs, Medicaid and Medicare, in written form, look alike and they do sound alike but work very differently.…