Today, there is a new phenomenon in medical care. Individuals are paying their doctors a fixed annual fee. They pay their doctors this fixed annual fee whether they use their services or not. The fixed annual fee is usually in the area of $1,500 a year. The annual fee is for what is now referred to as concierge medicine. Concierge medicine … [Read more...]
Abuse of the Elderly for Financial Gain
In the year 2000, Howard Thomas suffered severe dementia. He also had terminal cancer. In early 2001, his daughter, who was his primary caretaker, took a short vacation. He was left in the care of a Nidia Thomas. While Mr. Thomas’s daughter was away, Nidia arranged for a $150,000 bank account in Mr. Thomas’s name to be retitled from his name to a … [Read more...]
The New Health Care Law – Affordable Care Act
The Republicans in Congress are challenging the health care law passed in 2010 by President Obama and the Democratic controlled Congress. Question: How does the health care law affect you? Americans between the ages of fifty and sixty-four will be significantly affected by the Affordable Care Act (ACA). Unfortunately, due to the economic … [Read more...]
Alzheimer’s Disease: What are the Symptoms?
Are you concerned that either you, a close friend or a loved one has the early stages of Alzheimer's disease? What are the signs and symptoms of Alzheimer's disease? Are your parents just becoming forgetful or do they have the early symptoms of Alzheimer's disease? Should you believe that yourself, a friend, a family member or a loved one is … [Read more...]
Killer May Inherit His Victim’s Property
Brandon Paladino killed his mother-in-law. He was convicted of first-degree manslaughter on October 12, 2010. He is facing up to twenty-five years in prison. His wife, Dina, recently died. She was the sole survivor of her mother, who was killed by her husband Brandon. The money that Dina was supposed to inherit from her mother would go to Dina's … [Read more...]
A Gift to Americans From Congress and President Obama
President Obama, in a statesman-like series of decisions, has worked out a compromise with the new Republican majority in the House of Representatives regarding jobless benefits, income taxes and estate taxes. Although some of the President's democratic colleagues did not see eye-to-eye with the President on this issue, in the spirit of … [Read more...]
Medical Marijuana Approved in Arizona
Arizona recently voted to approve a ballot measure that will legalize sales of medical marijuana. In a very close referendum, 4300 votes carried this measure. The purpose of medical marijuana is to allow patients who suffer from cancer, aids and other illnesses to utilize marijuana. Patients receive a prescription from their doctor to deal … [Read more...]
The Financial Cost of Medicaid
During the past twenty years, the medicaid expenses faced by every state in the country has been staggering. As more Americans lose their jobs, they turn to medicaid for basic medical treatment. New York State Medicaid Problems In New York State, more than 4.5 million residents are covered by medicaid. It is projected that more than $52 … [Read more...]
What Wills Can’t Do
There are many very important uses for wills. However, there are things for which wills were not designed and cannot accomplish. The following are a list of things that can NOT be dealt with in a will: 1. If you own assets in a "joint tenancy" with another individual, or a "tenancy by the entirety" (a marital estate), you cannot dispose of … [Read more...]
Wills And Trusts Can Reduce Estate Taxes
Individuals with significant assets can reduce their tax liability upon their death by using sophisticated wills and trusts. In 2010, the wills, trust and estate area is facing a unique situation. For the 2010 calendar year there is no federal estate tax. After 2010, the federal estate tax exemption will go back to one million dollars. Well … [Read more...]
