Many people in Pennsylvania may find it difficult to distinguish between Medicare and Medicaid, given the similarity in their names and the fact that both programs relate to health coverage. Understanding the difference is important when planning for or reviewing...
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Preserving your priceless collection
The things that matter to you may not always make sense to your loved ones, but any enthusiast feels a closeness to their collection – whatever the medium. While most of your personal effects may not matter to you once you’ve passed, your collection may be...
Should you use an annuity to pay for long-term care?
As people age, certain tasks become more difficult, and health concerns multiply. Some illnesses may be short-lived, but other conditions may linger or become long-term issues. The Pennsylvania Health Care Association estimates that 70 percent of people turning 65...
What is a power of attorney and do you need one?
Perhaps you have heard of powers of attorney (POA) and are wondering if you should have one. Or, maybe you have an elderly parent who may soon need help making financial or medical decisions. These are all great reasons to learn more about powers of attorney and what...
When family members are the perpetrator of elder abuse
Elder abuse happens more than you might think, and often the perpetrators are members of the elder individual’s family. This can be difficult to come to terms with, especially if you are close with the elderly victim, or the perpetrator is also part of your family....
On what grounds can a Will be contested?
Pennsylvania residents have been encouraged many times on this blog to engage in estate planning, including the creation of a valid and legal Will. When drafting a Will, many people let their loved ones know what to expect, which can help to prevent family disputes in...
Signs of an excellent estate planning attorney
Whether you’re ready to begin estate planning or just need to make a few updates to your existing plan, it’s important to make sure you put your financial affairs in good hands. Keeping an eye out for these signs can help you determine whether your lawyer...
How appointing more than one surrogate benefits your estate plan
One of the most important decisions Pennsylvania residents have to make in their estate planning is choosing who the executor or trustee will be. They have many different options to choose from, but some feel the need to place this responsibility on just one person to...
Tips to avoid financial elder abuse
The “Baby Boom” generation is growing, as an estimated 4 million people retire and begin receiving Medicare and Social Security benefits annually. Amidst all of the change baby boomers go through while getting an estate plan organized, planning ahead for...
Estate Planning For One
As society changes, more people are living alone. Some are marrying later in life, if at all, and having fewer children. Many will reach the end of life with few if any close living relatives nearby. While people who are living alone are in many cases "making their...