Archive Monthly Archives: September 2010
Social Security ‘do-over’ strategy may be ending soon
A little-known strategy that could have substantial long-term income benefits for some seniors might end before they know it. The tactic, referred to popularly as a Social Security “do-over,” could give a second chance to increase Social Security retirement benefits. Because the technique has become more widely known and used, the government may be limiting […]
Continue readingMyths Are Broadcast Regarding Seniors and Health Care Reform
Through the courtesy of TD Bank and the Chester County Bar Association, I had the opportunity last Tuesday, September 14, to address a group of lawyers and bankers for a continuing legal education program regarding “Health Care Reform.” The topic was massive and I wondered if someone would ask whether I read the whole act […]
Continue readingProposed Power of Attorney Act Might Change PA Law
When belonging to groups that take positions on legislation it sometimes happens that you belong to groups that take opposing views. As it turns out, this has happened to me more than once and, recently, a proposed Pennsylvania bill is the subject of contention. Senate Bill 1358 that would modify Pennsylvania’s power of attorney laws […]
Continue readingWhat Medicaid Applicants and Families Need to Know About Selling the House
Determining what to do with a house when applying for or when on Medicaid is like navigating your way through a minefield. Here are some considerations regarding sale or transfer of the family residence. 1. Know Whether the Medicaid “Spend Down” Rules Apply. For the most part, the family home is considered an “unavailable asset” […]
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