The Inflation Protection Act (IPA) was passed on August 7th, 2022. It was likely what will be considered the defining bill of the Biden Administration. What caused such high inflation? Let’s break it down in simple terms. Although the IPA … Continue reading The Inflation Protection Act’s Impact on Medicare Prescription Drugs
Medicare Annual Enrollment is coming. It officially begins on October 15th, but like Christmas ads, promos for annual enrollment seem to start earlier each year. Buyer beware! Continue reading Beware of Pressure Tactics During Medicare Annual Enrollment
Veterans who served in the active military, naval, or air services and didn’t receive a dishonorable discharge may be eligible for VA health care benefits. Continue reading Veterans May Be Eligible for VA Healthcare Coverage
Nursing homes in the Lehigh Valley cost $140,000 – $180,000 a year. Medicare and health insurance don’t pay for this. Fortunately, Medicaid does. But … Continue reading Medicaid—With a Community Spouse Annuity You Don’t Have To Wait 5 Years
Now that you’ve settled well into your 50s, life is starting to look very different. Continue reading Things You Should Think About After Turning 50
Regardless of age, estate planning is important as soon as you acquire property. It becomes even more critical after your 50s because you don’t want the fruits of your labor to go down the drain. Unfortunately, most people are hesitant about discussing this crucial matter. As a result, 60% of Americans do not have estate plans or wills. Moreover, only 53% of those between 50 and 64 have a will. That underscores the urgent need to proactively engage in estate planning to protect your estate and your loved ones’ financial well-being. Here are four estate planning tips for after your 50s. Continue reading 4 Important Estate Planning Tips After Your 50s
Making sure your family and other loved ones are protected financially in the event of your death is an essential priority for many people. One way to do this is through life insurance; however, your policy may not provide enough coverage. Continue reading Life Insurance Riders: What They Are and Why You May Need Them
If your loved one is entering a nursing home, you may worry about whether you could be required to pay for his or her care. Find out about Pennsylvania’s “filial support” laws. Continue reading Can a Nursing Home Require Friends or Family Members To Pay for a Resident’s Care?
Elder law and estate planning serve two different—but equally vital—functions. The main
difference is that elder law is focused on preserving your assets during your lifetime, while estate
planning concentrates on what happens to your assets after you die. Continue reading What Is the Difference Between Elder Law and Estate Planning?
The insurance industry and the government created a monster stirring 60 million people into a frenzy each year by telling them they have 7 weeks to review their insurance plans & make changes. Continue reading Review Your Medicare Plans Now and Avoid the Chaos!