Comments for AgingOptions http://www.agingoptions.com Protecting Assets, Preserving Quality of Life Mon, 16 Jan 2012 20:08:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on SMARTMOVERS = Connecting “Dots” by Mike Hearl http://www.agingoptions.com/smartmovers-connecting-dots/#comment-4864 Mike Hearl Mon, 16 Jan 2012 20:08:23 +0000 http://www.agingoptions.com/?p=4122#comment-4864 Doris... Rajiv has written a recent article on the changes to trust laws for 2012. Go the the articles archive under "Trusts" and you'll find it there. In reality the biggest threats to estate preservation come from uncovered medical and assisted living costs. If Boomers and their parents have not designed an integrated plan that includes health, housing, finances, legal and family (5 "dots" that must be connected!)then, yes, they are vulnerable, especially in this economic climate. Doris… Rajiv has written a recent article on the changes to trust laws for 2012. Go the the articles archive under “Trusts” and you’ll find it there. In reality the biggest threats to estate preservation come from uncovered medical and assisted living costs. If Boomers and their parents have not designed an integrated plan that includes health, housing, finances, legal and family (5 “dots” that must be connected!)then, yes, they are vulnerable, especially in this economic climate.

]]> Comment on SMARTMOVERS = Connecting “Dots” by Doris Day http://www.agingoptions.com/smartmovers-connecting-dots/#comment-4860 Doris Day Sat, 14 Jan 2012 23:01:06 +0000 http://www.agingoptions.com/?p=4122#comment-4860 We BB's really need help navigating the gov. infested waters of death taxes, probate, etc., so we can preserve our parent's estate for the younger generation some of whom have cancer and mental disabilities. Also, where do we stand with living trust in 2012? I understand the rules have changed. How do we keep abreast of the rules that could affect our family's survival. We BB’s really need help navigating the gov. infested waters of death taxes, probate, etc., so we can preserve our parent’s estate for the younger generation some of whom have cancer and mental disabilities. Also, where do we stand with living trust in 2012? I understand the rules have changed. How do we keep abreast of the rules that could affect our family’s survival.

]]> Comment on The 2011 Washington Trust Act: New Changes for Washington Trusts in 2012. by A. Friend http://www.agingoptions.com/the-2011-washington-trust-act-new-changes-for-washington-trusts-in-2012/#comment-4839 A. Friend Thu, 12 Jan 2012 01:07:14 +0000 http://www.agingoptions.com/?p=4100#comment-4839 Just a curiosity question. The format of the following sentence seems out of sync: "and often involved the Trustee simply sending a check to each other beneficiaries." The portion, "to each other beneficiaries" is confusing. Should that be "to each of the other beneficiaries" or "to all of the other" or "to each beneficiary"? Beyond this "petty" detail, <em>I appreciate your news letter AND the work you all do!!</em> Just a curiosity question.

The format of the following sentence seems out of sync: “and often involved the Trustee simply sending a check to each other beneficiaries.”

The portion, “to each other beneficiaries” is confusing. Should that be “to each of the other beneficiaries” or “to all of the other” or “to each beneficiary”?

Beyond this “petty” detail, I appreciate your news letter AND the work you all do!!

]]> Comment on The 2011 Washington Trust Act: New Changes for Washington Trusts in 2012. by Phil Miller http://www.agingoptions.com/the-2011-washington-trust-act-new-changes-for-washington-trusts-in-2012/#comment-4837 Phil Miller Wed, 11 Jan 2012 19:40:53 +0000 http://www.agingoptions.com/?p=4100#comment-4837 Good information. I appreciate the update regarding this set of statutory changes. Good information. I appreciate the update regarding this set of statutory changes.

]]> Comment on The 2011 Washington Trust Act: New Changes for Washington Trusts in 2012. by Sheila Miller http://www.agingoptions.com/the-2011-washington-trust-act-new-changes-for-washington-trusts-in-2012/#comment-4836 Sheila Miller Wed, 11 Jan 2012 12:21:51 +0000 http://www.agingoptions.com/?p=4100#comment-4836 Does this mean that when the first of a couple dies, and there is a trust with one half going to the spouse and the other half into a trust, that the entire contents of the will, may be revealed to the children who will inherit down the road? I would not be too happy with that. Does this mean that when the first of a couple dies, and there is a trust with one half going to the spouse and the other half into a trust, that the entire contents of the will, may be revealed to the children who will inherit down the road? I would not be too happy with that.

]]> Comment on Suit Contests Hospitals’ Practice of Not Admitting Patients Prior to Nursing Home Transfer by Lois Pirhala http://www.agingoptions.com/suit-contests-hospitals-practice-of-not-admitting-patients-prior-to-nursing-home-transfer/#comment-4793 Lois Pirhala Sun, 11 Dec 2011 15:18:54 +0000 http://www.agingoptions.com/?p=3756#comment-4793 I agree. It does not make sense. This is an example of how Medicare guidelines are changing which forces someone to spend all their assets for health care at the end of their lives, and then go into another government program (Medicaid - which includes state funds as well as federal funds) which puts the burden of financial responsibility on the states (state/local taxpayer instead of federal government/federal taxes. Please comment. Thanks. I agree. It does not make sense. This is an example of how Medicare guidelines are changing which forces someone to spend all their assets for health care at the end of their lives, and then go into another government program (Medicaid – which includes state funds as well as federal funds) which puts the burden of financial responsibility on the states (state/local taxpayer instead of federal government/federal taxes. Please comment. Thanks.

]]> Comment on Suit Contests Hospitals’ Practice of Not Admitting Patients Prior to Nursing Home Transfer by Yasir Khan http://www.agingoptions.com/suit-contests-hospitals-practice-of-not-admitting-patients-prior-to-nursing-home-transfer/#comment-4790 Yasir Khan Thu, 08 Dec 2011 18:26:28 +0000 http://www.agingoptions.com/?p=3756#comment-4790 95 year old living by herself at home, comes with mild UTI and severe deconditioning, by medicare guidlines meets ONLY OBS criteria and eventually needs to go to NH.......now whose fault is this????physician or Medicare???these guidlines are STUPID! 95 year old living by herself at home, comes with mild UTI and severe deconditioning, by medicare guidlines meets ONLY OBS criteria and eventually needs to go to NH…….now whose fault is this????physician or Medicare???these guidlines are STUPID!

]]> Comment on Deductibility of Legal Fees Paid for Estate Planning by Safie http://www.agingoptions.com/deductibility-of-legal-fees/#comment-4779 Safie Mon, 05 Dec 2011 06:04:48 +0000 http://agingoptions.com/?p=2590#comment-4779 Great read, thank you. Great read, thank you.

]]> Comment on Suit Contests Hospitals’ Practice of Not Admitting Patients Prior to Nursing Home Transfer by John Smith http://www.agingoptions.com/suit-contests-hospitals-practice-of-not-admitting-patients-prior-to-nursing-home-transfer/#comment-4768 John Smith Thu, 01 Dec 2011 15:27:30 +0000 http://www.agingoptions.com/?p=3756#comment-4768 Re above- it is not a PHYSICIAN decision to admit a patient or keep on obs status. It is strictly by MEDICARE guidelines that patients are admitted or obs. Generally, since the criteria are so complex and not something that most physicians are even aware of, it falls to the hospital via care coordination or social work system to reccommend inpt or obs care for any particular patient. When families complain to me about admit status I have to refer to medicare guidelines and rules and not to physician medical decision making. Re above- it is not a PHYSICIAN decision to admit a patient or keep on obs status. It is strictly by MEDICARE guidelines that patients are admitted or obs. Generally, since the criteria are so complex and not something that most physicians are even aware of, it falls to the hospital via care coordination or social work system to reccommend inpt or obs care for any particular patient. When families complain to me about admit status I have to refer to medicare guidelines and rules and not to physician medical decision making.

]]> Comment on Should you buy Long Term Care Insurance? by Olivia Hall http://www.agingoptions.com/should-you-buy-long-term-care-insurance/#comment-4766 Olivia Hall Thu, 01 Dec 2011 09:02:21 +0000 http://www.agingoptions.com/?p=3914#comment-4766 The article is really informative and beneficial for the senior citizens who needs balanced retirement plans.By knowing certain information,they can make decision to have the best long-term care insurance plan for themselves. A long-term care insurance policy is the best way in which you have to pay in advance and that too in fewer amounts in order to combat future's big financial problems. The article is really informative and beneficial for the senior citizens who needs balanced retirement plans.By knowing certain information,they can make decision to have the best long-term care insurance plan for themselves. A long-term care insurance policy is the best way in which you have to pay in advance and that too in fewer amounts in order to combat future’s big financial problems.

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