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Our Colorado elder law and estate planning lawyers can discuss options for protecting your assets after death. Call us today to learn more.

How to Appeal a Medicare Prescription Drug Denial

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If your Medicare drug plan denies coverage for a drug you need, you don’t have to simply accept it. There are several steps you can take to fight the decision. The insurers offering Medicare drug plans choose the medicines — both brand-name and generic — that they will include in a plan’s “formulary,” the roster … Continue reading

Long-Term Care Insurance Policyholder Wins Suit Against Company for Hiking Premiums

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A long-term care policyholder has successfully sued her insurance company for breach of contract after the company raised her premiums. At age 56, Margery Newman bought a long-term care insurance policy from Metropolitan Life Insurance Company. She chose an option called “Reduced-Pay at 65” in which she paid higher premiums until she reached age 65, when the … Continue reading

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

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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

Long-Term Care Insurer Cannot Be Sued for Elder Financial Abuse

Read our blog to learn more about this elder abuse lawsuit.

Long-term care insurance policyholders suing Bankers Life and Casualty Company were dealt a blow by the Oregon Supreme Court when it ruled that the state’s elder financial abuse statute does not apply to their case. Residents of Oregon who bought long-term care insurance policies from Bankers Life and Casualty Company sued the insurer five years ago … Continue reading

Report Finds Lack of Government Oversight of Assisted Living Facilities

Why assisted living facilities may lack government oversight.

The government is spending billions to fund assisted living services through Medicaid, but government oversight and regulation of assisted living facilities is lacking, according to a new government report. Medicaid funds long-term care services for low-income individuals. It is primarily used for nursing home care, but 48 states have opted to give assisted living residents the ability to … Continue reading

Estate Planning and Retirement Considerations for Late-in-Life Parents

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Older parents are becoming more common, driven in part by changing cultural mores and surrogate motherhood. Comedian and author Steve Martin had his first child at age 67. Singer Billy Joel just welcomed his third daughter. Janet Jackson had a child at age 50. But later-in-life parents have some special estate planning and retirement considerations. … Continue reading