March 2018 - Law Office Of Skipton Reynolds, LLC
Archive

Month: March 2018

Choosing Retirement Account Beneficiaries Requires Some Thought

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While the execution of wills requires formalities like witnesses and a notary, the reality is that most property passes to heirs through other, less formal means. Many bank and investments accounts, as well as real estate, have joint owners who take ownership automatically at the death of the primary owner. Other banks and investment companies … Continue reading

Be on the Lookout for New Medicare Cards (and New Card-Related Scams)

Our blog explains common Medicare scams.

The federal government is issuing new Medicare cards to all Medicare beneficiaries. To prevent fraud and fight identity theft, the new cards will no longer have the beneficiaries’ Social Security numbers on them. The Centers for Medicare and Medicaid Services (CMS) is replacing each beneficiary’s Social Security number with a unique identification number, called a … Continue reading

Proving That a Transfer Was Not Made in Order to Qualify for Medicaid

Call us with questions about Medicaid.

Medicaid law imposes a penalty period if you transferred assets within five years of applying, but what if the transfers had nothing to do with Medicaid? It is difficult to do, but if you can prove you made the transfers for a purpose other than to qualify for Medicaid, you can avoid a penalty. You … Continue reading

New Federal Law Puts Focus on Preventing Elder Abuse

Our blog explains a new elder abuse prevention law.

A new federal law is designed to address the growing problem of elder abuse. The law supports efforts to better understand, prevent, and combat both financial and physical elder abuse. The prevalence of elder abuse is hard to calculate because it is underreported, but according to the National Council on Aging, approximately 1 in 10 Americans … Continue reading