Tag Archives: decrease

Things to Consider Before Signing a Contract for Assisted Living

When someone gets ready to move into an assisted living facility there will inevitably be a lot of paperwork involved.  Much of that paperwork is fairly straightforward and need not be a cause for concern.  However, amid the big stack of needed signatures, there is one document you must review carefully before signing.  That document is the admissions agreement.  An assisted living admissions agreement is really a contract.  And like all contracts, there are important provisions you need to understand fully.  In the October 2017 edition of Consumer Reports, Penelope Wang does an excellent job of listing the key provisions you need to understand when reviewing an admissions agreement.  See “Putting the Assisted Living Facility Contract Under a Microscope,” Penelope Wang, Consumer Reports, October 2017. Continue reading

Medicare: Closing the “Donut Hole”

The government has made a commitment to close the “donut hole” gap in Medicare coverage by 2020, but many current beneficiaries still find themselves falling into this pricey crevasse. Continue reading

Ten Reasons You Should Update Your Estate Plan

You have completed a will and perhaps a revocable living trust. Your durable power of attorney for healthcare and a living will are accompanied by a HIPAA release. All of your records are safely in place and carefully organized.

So you now are finished with your estate planning. Or are you? Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan? Continue reading