On March 23rd, LG&T Elder Care Coordinator, Maria Motsavage presented to Home Instead on "Dementia Care Concepts." Thank you for sharing this important knowledge!
News
Implementation of Rule That Retirement Advisers Put Their Client's Interests Ahead of Their Own Delayed
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A recent Executive Order calls for a review of the so-called “fiduciary rule,” which was intendedto prevent financial advisers from steering their clients to bad retirement investments byrequiring advisers to act in the best interests of their clients. The order delays the rule, which wasscheduled to go into effect in April 2017, and the rule may ultimately be repealed.Prompted by concern that many financial advisers have a sales incentive to recommend to theirclients bad retirement [...]
Things to Remember at Tax Time
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Tax day, which is April 18th in 2017, is approaching and it is time to begin crossing T's anddotting I's in preparation for paying taxes. As tax time draws near, you want to make sure youfile all the proper forms and take all deductions you're entitled to. Following are some things tokeep in mind as you prepare your tax form.Gifts. Did you give away any money this year? The gift tax can be very confusing. If yougave away more than $14,000 in 2016, you will have to file a Form 709, the gift [...]
Watch Out for Mistakes in the List of Doctors Covered by Your Medicare Advantage Plan
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- Elder Law & Special Needs
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Medicare Advantage plans are a popular alternative to regular Medicare because the plans often offer lower out-of-pocket costs, but buyers need to make sure they know what they are paying for. A government review of Medicare Advantage plans revealed that their provider directories were often riddled with errors, causing those plans to face serious fines. Medicare Advantage plans are provided by private insurers, unlike original Medicare, which is provided by the government. The government pays [...]
New Medicare Rule Encourages Doctors to Test for Alzheimer's Disease and Offer Care Planning
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A new Medicare rule will promote earlier diagnosis of Alzheimer's disease. Medicare will now reimburse primary care doctors who conduct an Alzheimer's evaluation and offer information about care planning to elderly patients with cognitive impairment. According to the Alzheimer's Association, more than 5 million Americans have the disease. In addition, more than 85 percent of Alzheimer's patients also have another chronic condition. But many are unaware that they have Alzheimer's disease because [...]