Care, Guidance and Human Connection for the Fullest LifeSince 1980, Tidewell Hospice has provided the highest quality care to patients and families living with advanced illness, while honoring human dignity and personal choice. Tidewell strives to treat the whole person fulfilling physical, psychosocial and spiritual needs and views our patients and their loved ones as a unit. You are invited to explore all the programs and services Tidewell has to offer. You will discover Tidewell is really about building relationships providing the comfort and support to deal with complex and difficult issues while finding joy in each day.We Are Here When You Need UsFor Manatee, Sarasota, Charlotte and DeSoto counties Call (855) 843-3935
Since 1980, Tidewell Hospice has provided the highest quality care to patients and families living with advanced illness, while honoring human dignity and personal choice. Tidewell strives to treat the whole person fulfilling physical, psychosocial and spiritual needs and views our patients and their loved ones as a unit. You are invited to explore all the programs and services Tidewell has to offer. You will discover Tidewell is really about building relationships providing the comfort and support to deal with complex and difficult issues while finding joy in each day.
The Senior Source In our latest YouTube video Financial Counselor Steve Benton sits down with the Dallas Morning News to talk about the serious issue of senior frauds and scams. He discusses the most common types, how to spot them and how to prevent them. Hear how spot romance scams and government impersonators that can fool older adults in this wide-ranging conversation.
MediConnect Insurance is the largest and top-rated independent healthcare advisory firm in Pennsylvania. In this episode, Lance O'Brien and Sean Horn will provide our company's backstory and explain the aim of our video podcast series: Medicare Made Simple
In this episode we go over one of the fundamental concepts of Bellomo & Associates: The Three Lands to Your Familys Security. The three elements of this concept are Tax Land, Long-term Care Land, and Estate Planning Land. Understanding these three lands is essential for trust planning and protecting your assets. Maintaining control of your assets is key, so it is important to understand Tax Land and Long-term care land so that you do not unnecessarily lose control of your assets to unexpected circumstances. On our next show, well continue the conversation about the three lands and then well dive into trusts. You wont want to miss it! Key Takeaways Takeaway 1: Tax Land Currently, there is no federal estate tax with individual assets equalling $12.06 million or less ($24.12 for a married couple). No current clients have problems with staying under that mark. After 2025, the federal estate tax limit is set to go down to $5 million plus inflation. We can estimate it will be around $5.8 million for an individual and $11.6 million for a married couple. Historically, Congress only passes tax bills related to estate tax when they absolutely must, so estate law is set to go forever at $5.8 million unless there is great necessity to change the law again. The transfer of the money can occur during life, at death, or a combination of both stages. For annual exclusion gifts, you can give $16,000 per child and their spouse per year. Essentially, we can give everything away in Tax Land. Takeaway 2: Long-term Care Land Includes skilled nursing homes or skilled care in the home. The average cost for nursing homes in PA is around $14,000, and $12,500 between York and Lancaster. In-the-home care can cost between $21 and $23 thousand per month. Paying for long-term care can either be done out-of-pocket, with long-term care insurance or with government programs (Medicaid). If a spouse enters a nursing home, we are able to protect the assets for the spouse residing at home 100%. If a single individual enters a nursing home, we are able to protect 50% of the assets. You cannot give away all of your assets in Long-term Care Land. You can only give away up to $500 per month in aggregate. Takeaway 3: Estate Planning Land Estate Planning Land is where you can keep the control that you lose in the other 2 lands, such as not being able to take back any gifts in Tax Land. Estate Planning Land accounts for the unexpected, whereas in tax land, your father could put your name on everything, but if you unexpectedly die the next day, control of the money is lost. Bad things happen to good people, you could lose your assets. Outright gifts are risky but trusts arent. When you put money in trusts, you avoid capital gains tax. CONTROL IS THE KEY. You must make sure to look into all three lands before making any final determination. Links and Resources Mentioned Bellomo & Associates workshops, including The Three Lands of Estate Planning: https://bellomoassociates.com/workshops/
Partner Spotlight on Home Helpers Home Care of North Hills & New CastleLearn from Anthony Giuliano the type of services that Home Helpers provides, what makes them unique from other home care agencies, and learn of hiring opportunities within their agency. To contact Anthony to learn more, call 412-334-3222.
n this episode, we walk through what estate planning is and who needs it, the basics of financial power of attorney, medical power of attorney and planning a will. We also went over some common misconceptions surrounding estate planning and what to look out for when you are ready to start the planning process. In our next episode, we will talk about what trusts are and how to protect assets, so make sure to tune in!Takeaway 1: What is estate planning?Two sisters at a workshop had opposing ideas: All about not losing money vs. Making sure mom can die peacefully without guessing what she would have wantedBoth sisters are correct, estate planning addresses both of these ideas.Takeaway 2: When to start estate planning? Science cannot replace the brain - it is important to plan ahead and organize your estate planning before your brain enters la-la land or later you have some sort of disability. Estate planning is being prepared before it can become messy.You want to control your property while you are alive and well. Control is key.Takeaway 3: Misconceptions Family is the most important thing = WRONGWe think family is the most important thing but in reality its yourself. Its like on an airplane when the oxygen masks fall down, you have to put yours on first before helping others. You have to take care of yourself first. Then you can take care of the rest of your family. Everyone is always wanting to know about money, but with that the pyramid is upside down. We need to flip the pyramid. The base is the most important thing. The base is you and your spouse, then your family, and then the money accumulated and how to protect it. Some people think that estate planning can be generalized for everyone, but everybody has very different needs, estate planning is not uniform. Its impossible to answer the What do I need? question without knowing a lot about a person and their family.Heirs are in fact not determined until death.Takeaway 4: Advice for getting ahead It is important to put money into a trust if you do not want to give an outright distribution to an 18-year-old. Do not leave anything to chance, plan for all the contingencies. Put money in trusts to be prepared for whatever scenario plays out.Financial power of attorney is a great place to start with planning once you turn 18. If you dont have one and you lose capacity, the only way to appoint a beneficiary is to go through a guardianship hearing. Yes, there is a fallback will, but its not perfect. Do not rely on a fallback statute.Financial power of attorney, a medical power of attorney, and a will are the most important items to start with.
Jeff Weinberg talks about multi-generational care-giving in this ongoing time of COVID 19 and how it effects employees, employers, and those who are caregivers. The presentation was originally given to the Pittsburgh Business Group on Health (PBGH). Jeff stated that approximately, 20% of the workforce are full-time caregivers. They are stressed to the max and have a higher incidence of absenteeism, tardiness, presentism, and leave of absence. These challenges impact the company and their clients, as well as the employee and their family. The stress of caregivers becomes a community issue when left untreated.Solutions presented include starting a Corporate Caregiver Program which can help REACT (respect a caregiver's time) to the situation. REACT is a national corporate caregiver program created through AARP. Caregiver Champion can work with employers to set up custom Caregiver Support Programs and improve outcomes for both employers, caregivers, and their families. For more information on Caregiver Champion and the patient advocate services we offer, please visit https://www.caregiverchampionadvocate.comConnect with Caregiver Champion on Facebook at https://www.facebook.com/CaregiverChampionAdvocates/ Join Caregiver Champion's Facebook support group at https://www.facebook.com/groups/workingcaregivers/Follow us on YouTube for more information on helping families and patients through patient advocacy. https://www.youtube.com/channel/UCX4jfZWtrM4-rUAn5xW0SCg_____Jeff Weinberg's new book, which is designed to provide caregivers with real life solutions, resources, and a call to action, is on sale nowThe title of the book is: The Emperor Needs New Clothes: Or Why The Caring Disappeared from Health Care_____For a preview of Jeff's new book, click here!_____To purchase:Available on Amazon Click here to add it to your Amazon Cart!Available on Barnes and Noble Click here to add it to your Barnes and Noble Cart
What is a patient advocate? Learn more in this important, short video from Jeff Weinberg, President of Caregiver Champion.Jeff gives detailed examples of how a professional patient advocate, like him and his team, can help caregivers, the chronically disabled, seniors, and their families sort through complex changes and problems that accompany disability or the aging process.For more information onCaregiver Champion and the patient advocate services we offer, please visit https://www.caregiverchampionadvocate.comConnect with CaregiverChampion on Facebook at https://www.facebook.com/CaregiverChampionAdvocates/ Join Caregiver Champion's Facebook support group at https://www.facebook.com/groups/workingcaregivers/Follow us on YouTube for more information on helping families and patientsthrough patient advocacy. https://www.youtube.com/channel/UCX4jfZWtrM4-rUAn5xW0SCg'''''''Jeff Weinberg's new book, which isdesigned to provide caregivers with real life solutions, resources, and a callto action, is on sale nowThetitle of the book is: The Emperor Needs New Clothes: Or Why The CaringDisappeared from Health Care_____For a preview of Jeff's new book, clickhere!_____To purchase: Available on Amazon Clickhere to add it to your Amazon Cart!Available on Barnes and NobleClick here to add it to your Barnes and Noble Cart