| Selecting a Guardian |
| |
| A guardianship is established by a court when a senior can no longer can make appropriate and safe decisions about his person and/or property or has become susceptible to undue influence or fraud.More... |
| |
| NURSING HOMES |
| |
| Before a person can be admitted into a nursing home or other long-term skilled care facility, she must be evaluated to determine her physical and medical needs, physical and mental abilities, and even her overall wishes and desires. Federal and state laws dictate assessment procedures and criterion. More... |
| |
| Asset Management - Viatical and Senior Settlements |
| |
| In a viatical or senior settlement, a person who owns a life insurance policy sells the policy for a lump sum payment, usually a percentage of the policy's face value, to a buyer. The buyer of the policy then becomes the beneficiary, pays the premiums, and receives the full amount of the insurance when the original owner dies. Viatical settlements can be risky for both the sellers and the buyers and should be evaluated carefully.More... |
| |
| Housing - Who Pays For Home Care Services? - Public Third Party Payors |
| |
| Generally speaking, there are three methods of payment for home care services: self-pay, public third-party payors, and private third-party payors. Self-pay is the default payment option for home care. Whenever home care services are not paid by other methods, the patient must pay for the services.More... |
| |
| Dual Eligibles |
| |
| Medicare, the federally funded health care system for older Americans, as well as Americans with kidney failure or disabilities, consists of Part A and Part B. Part A provides predominantly hospital coverage, and most individuals over the age of 65 are automatically enrolled. Part B provides supplemental medical coverage for items not covered by Part A. Part B coverage is voluntary, and all enrollees must pay a premium. More... |
| |
