According to the experts, financial abuse of the elderly is rising, even to epidemic proportions. When you hear of elder financial abuse, you may think of unscrupulous home improvement contractors, phony investment schemes or internet scams. However, it is reported …
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Hospice a Choice for End of Life Caregiving
There are many decisions to be made when imminent death is approaching for a loved one. Questions regarding what type of care, medical assistance and even physical location for their last days confront us. If care at home has been …
Recognizing the Need for Outside Help in Caregiving
Do you have a family member who is caring for a loved one? These caregivers often don’t recognize when they are in over their heads, and often get to a breaking point. After a prolonged period of time, caregiving can …
Medicaid Estate Recovery in Michigan – A Four Month Report
For a long time, Michigan was one of the few states that had no Medicaid lien laws or Medicaid estate recovery. In 2007, after a long and arduous journey, Michigan’s estate recovery statute was finally passed by our legislature and …
Beware of Financial Scams
You get an official looking letter that says that you have won the $50,000 sweepstakes. There may even be a realistic check from a real company and drawn on a real bank. There is a catch. Before you can claim …
Medicare Enrollment Starts Earlier This Year
If you are over the age of 65, the time of year to review your Medicare plans has moved up this year. For 2011, the starting date for the Open Enrollment Period has moved up a month to October 15, …
Unraveling the Mysteries of Annuities
You may have invested some or all of your nest egg in annuities. Annuities can be useful tools as part of a diversified investment portfolio. However, if you put all of your investable assets in annuities, this is putting all …
Medicaid Estate Recovery Alive and Well in Michigan v2
For a long time, Michigan was one of the few states that had no Medicaid lien laws or Medicaid estate recovery. And for about the last five years, Michigan was the only state in the union that had not implemented …
Final Wishes
If you are like most people, you probably have some specific wishes regarding your funeral and the disposition of your remains. You may want to be buried in a coffin with a burial vault in the ground. Or you may …
Trust Protectors to the Rescue-bullets
So you have named your children as your successor trustees of your trust, the personal representative in your will or your financial power of attorney. You may have named your oldest child first as your financial agent because you think …