Last week, we discussed Medicare Parts A, B, C and D. If you have Medicare, it is now the time of year to review your Medicare plans because the Medicare Annual Open Enrollment Period will soon be upon us. The …
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The Alphabet Soup of Medicare
September 15 through 21 is National Medicare Education Week. Scheduled one month before Medicare annual open enrollment starts on October 15, the education week is dedicated to helping you to better understand Medicare. If you are over the age of …
New Help for After-Hospital Care
After a hospital stay and when back at home, have you ever felt lost about what to do? You were told by the doctor, nurse and/or discharge planner something, but you do not remember exactly what it was. You were …
Managing Your “Stuff” When You Can’t
You are doing ok now. You are paying your bills, still able to balance your checkbook and do your own banking. But it is getting to be a real chore. It just seems harder to do now. If that is …
Why Haven’t You Done Your Estate Plan?
You have done no estate planning – no will, no trust, no financial power of attorney and no health care power of attorney. Congratulations! You are with the majority of Michiganders. Over half of our state’s adult residents have no …
No Kids – No Problem
You may be married, or not. According to the Pew Research Center, marriage rates have been declining steadily over the last half-century. In 1960, 72% of adults age 18 or over were married. That rate was down to 50% by …
You Can Pick Who’s in Charge of Funeral
You Now Can Designate Who’s In Charge of Your Funeral Monday, June 27, 2016 is a new day for you and the other residents of the state of Michigan. Starting tomorrow, for the first time in our state’s history, you …
Do-It-Yourself Plans Dangerous for Nursing Home Medicaid Qualification
By: Matthew M. Wallace, CPA, JD Last week we discussed some of the things that you should do if nursing home admission was a possibility for you or a loved one. You may be tempted to implement some of the …
Best Practices if Nursing Home a Possibility
Not too long ago in this column, we discussed downsizing and simplifying your personal and financial life. The reasons you may want to do so is to make life easier for you and your loved ones. A smaller home or …
More Out-of-Home Living Options
This past week, I had another client who was a caregiving spouse who entered the hospital. She was trying to keep her husband out of the nursing home by caring for him at home and she was the one who …