Document Signing During Covid-19 Crisis
As of this writing we are in the midst of a pandemic the likes of which none of us living today has ever experienced. Historians tell us that the Spanish Flu epidemic from 1918 to 1919 comes the closest. Government shutdown of nonessential businesses has caused widespread disruptions and affected people and businesses in
Thoughts on the Coronavirus
With the spread of the Coronavirus (named COVID-19) in the news and changing seemingly by the minute I decided to devote this week’s post to the topic. People are understandably nervous. It can seem impossible at times to sort through the information, especially when one government official says one thing but then almost immediately
What 2020 Candidates are Saying About Social Security (Part 1)
This being an election year there is talk again about what the candidates propose to do about the Social Security program which most recent projections suggest will run out of money by 2035. The Medicare program projections are more dire, with that program now expected to be insolvent by 2026 which is 3 years earlier
Hiring the Wrong People to Assist with Medicaid
If you are a regular reader of my blog you know that getting a Medicaid application approved can be tricky to say the least. As the process becomes more and more involved and complex, we are receiving more calls than we ever have seeking our assistance. When I discuss our fee, people often tell
More Numbers for 2020
In my 11/4/19 post, I disclosed some of the important numbers that change year to year with respect to the Medicaid and VA Aid and Attendance programs that we work to obtain for many of our clients. Here are the rest of the important numbers as well as 2020 Medicare
Possible Long Term Care Insurance Legislation on the Horizon? (Part 2)
In my post last week, I talked about new legislation that is still in the drafting phase but that may be the next government attempt to provide a long term care benefit to Americans. The last attempt, known as the CLASS Act, was a voluntary program. This new program
Possible Long Term Care Legislation on the Horizon?
Just the other day I had someone ask me about the possibility of the government extending the Medicaid lookback from 5 years to 10 years. Since the last change in 2005 when the lookback went from 3 to 5 years (which change became effective in February, 2006)
A Pension Hole the Size of Japan’s Economy (Part 2)
In last week’s post I wrote about the growing public pension crisis in our country. A recent Wall Street Journal article highlighted the efforts by different states to try to start solving the problem which will only grow worse in coming years. Some pension recipients
A Pension Hole the Size of Japan’s Economy
The title of the article in the Wall Street Journal a few weeks ago was intended to turn heads. (See https://www.wsj.com/articles/the-pension-hole-for-u-s-cities-and-states-is-the-size-of-japans-economy-1532972501?mod=hp_lead_pos7) There has been an increasing amount of coverage in the media about the pension crisis in the country, specifically the underfunding of public employee pensions. According to the
The Talk
I have written in past blog posts about how best to approach the topic of long term care with a parent or elderly loved one. There are no two situations that are exactly alike so there is no one best way to handle the delicate subject. It is especially