Navigating the Elder Care Universe
Owlytics Healthcare product line is just getting into the US. I’m not sure of the distributor, but I’m sure it can be found. Seems like senior living centers, home health care agencies, GCMs, rehab facilities, etc. should check out the product line to see if remote monitoring can keep our clients from having events requiring hospitalization. Read more…
Nursing homes have been terminating Medicare coverage of those that do not show improvement in health. My Elder shares what you need to know. Read more…
For some families, the golden years are turning nightmarish, thanks to state laws that some nursing homes are using to try to gain guardianship – and financial control – of their older patients. For more details, go to my blog: Nursing Homes Use Gardianship as Tool to Profit.
In an article from Sunday’s New York Times Opinion Section (12/8/19), the reporter discusses how his very patriotic 88 year old grandmother was defrauded and lost her life savings. She believed that she was helping the government stop a multi-million dollar international money laundering scheme.
We all have to be vigilant in protecting our family and clients’ assets from all sorts of scams.
https://www.nytimes.com/2019/12/07/opinion/sunday/china-bank-scam-grandmother.html
Thank you to all who attended last Wednesday’s Orion NYC Elder Care meeting on Financial Abuse.
Perry A. Shulman, CPA
Chairman, Orion Eliminate Elder Abuse and Neglect Commitment Committee
The most powerful legal document currently in force in the United States is its Constitution. The Durable Power of Attorney your client executed last Tuesday comes in a close second. Here is a recent article I wrote for the summer edition of the NYSBA: Defensive Estate Planning with Powers of Attorney: How to Avoid Mayhem, Chaos and Unintended Consequences
