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Thank you Veterans!

On this day in 1918, at the eleventh hour, the Allies of World War I and Germany signed an Armistice Agreement for cessation of hostilities along the western front. The United States changed the name of its day from Armistice Day to Veterans Day after World War II to remember all veterans. Unlike much of … Read more

New CMS policy change may impact individuals currently considered homebound

 
Under Medicare Part A and Part B, certain medical services and supplies are covered if they are provided in hospitals, doctors’ offices or other health care settings.  For homebound individuals, those services may include medically necessary part-time or intermittent skilled nursing care and/or physical therapy, speech-language pathology service and/or services for people with a continuing need for occupational therapy.  Home health services may also include medical social services, part-time or intermittent home health aide services and medical supplies for use at home.  Those services however are only covered if the beneficiary meets the criteria for being homebound.

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The impact of domicile to your estate taxes

 
Friends of mine, Bob and Margaret, live half the year in Washington state and half the year in Hawaii.  It used to be that they only spent the coldest months of the year in Hawaii but as they age the time they spend in Washington becomes a smaller and smaller percentage of the year. 

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Commission fails to answer big question: "How does America pay for Long Term Care?"

 
In September of this year, the Long Term Care Commission, which was established under the American Taxpayer Relief Act of 2012, reported its recommendations to Congress.  The Commission was directed to develop a plan to implement and finance a comprehensive, coordinated and high quality system to  provide individuals with the required assistance they need to care for their long term needs. 

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