Annuities are financial products that pay a set amount each year, generally throughout the life of the annuitant. Most annuities are deferred, meaning the payout doesn’t occur until a later date. However, you can receive immediate payouts if you purchase…
It is common for elder law and estate planning to be used interchangeably, but there are some significant differences between the two. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial…
Scammers are becoming increasingly adaptable and mimicking communications that resemble tech support employees, government employees, and romantic partners to target seniors and near-seniors. Seniors are particularly vulnerable groups as they are typically homeowners with substantial financial savings, good credit scores,…
In the United States, Medicaid is a public health insurance program that provides comprehensive coverage for health care and financial assistance to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and…
There have been decades of efforts to eliminate age discrimination in the workplace, but it still exists. Age discrimination occurs when an employee or prospective employee is treated less favorably because of their age. It can be directed at older…
Sadly, elder abuse has been on the rise for many years. Older, vulnerable adults can be exploited in many ways. The senior population can be manipulated by strangers, professionals who deal with their assets and even trusted family members and…
As of 2023, the U.S. Department of Veterans Affairs (VA) will match the Social Security Administration's cost of living adjustment (COLA), which will increase benefits by 8.7 percent. The VA disability monthly tax-free benefit is available to qualifying former military…
A recent federal court decision now allows some Medicare beneficiaries to appeal previous decisions that were made regarding their patient status. The Underlying Issue When Medicare patients go to a hospital, they often enter through the emergency department. The physician…
Our world is full of stress, and we are constantly bombarded with bad news, injuries, and illnesses. Chronic pain can be especially stressful. So finding ways to release and cope with pain and stress help people live longer, happier lives.…
The ability to make informed and meaningful decisions regarding a parent’s life often declines as they age. This growing inability may occur due to Alzheimer’s disease, other forms of dementia, mental illness, stroke, brain injury, or other severe health or…