Category Archives: Government Benefits

Legislation has provided many programs to assist the citizens of North Carolina. Four Pillars Law Firm can guide you and your family through the complex rules and regulations of each program. With proper legal planning and guidance, you can maximize your eligibility for the support you are legally entitled to recieve to assist your family with the increasing expenses of medical care and aging with dignity.

Medicare Part B Premium to Remain the Same in 2014

The Centers for Medicare and Medicaid has announced the Medicare premiums, deductibles, and coinsurances for 2014. The big news is that thanks to what the administration says are the effects of its health reform efforts, the standard Medicare Part B … Continue reading

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Is a Reverse Mortgage Right for You?

While reverse mortgages may look like no-lose propositions on the surface, they also have some significant downsides. First, the closing costs for these loans are about double those for conventional mortgages. For example, closing costs on a $110,000 reverse mortgage … Continue reading

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Reverse Mortgages: The Basics

Under our “system” of paying for long-term care, you may be able to qualify for Medicaid to pay for nursing home care, but in most states there’s little public assistance for home care. Most people want to stay at home … Continue reading

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“Fiscal Cliff” Deal Pushes Long-Term Care Program Over the Edge

The final budget deal Congress passed to avert the “fiscal cliff” repeals a long-term care insurance program that would have helped keep the elderly and disabled out of nursing homes and off the Medicaid rolls. In its place, the budget … Continue reading

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AARP Draws a Line in the Sand: NO Medicare Cuts

AARP, along with other groups representing seniors’ interests, has drawn a hard line in the sand when it comes to Medicare cuts being considered in this tough economic time. Their stance?  Say “NO” to all Medicare and Medicaid cuts, as … Continue reading

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4 Medicare Enrollment Mistakes to Avoid

‘Tis the season for open enrollment of Medicare. If you are one of those out there wondering whether it’s an appropriate time for you to enroll, consider the following often-made mistakes: 1)      Not enrolling because you’re employed; 2)      Failing to … Continue reading

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Don’t Waste Money Needlessly on your Medicare Plan

If you participate in Medicare Part D prescription drug insurance, you may be wasting hundreds of dollars annually on your coverage needlessly.  A new study has found that 22 percent of Medicare Part D beneficiaries could save at least $500 … Continue reading

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VA Pulls the Cord on UMEs in Senior or Independent Living Facilities

A new fast letter from the Department of Veterans Affairs clarifies what qualifies as unreimbursed medical expenses (UMEs) that may be deducted from income for pension purposes. Continue reading

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Social Security Benefits to Edge Up 1.7 Percent

The nation’s elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2013. This is expected to raise the average monthly payment for the typical retired worker by $21.  The increase is less than half of … Continue reading

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Who Can You Trust?

The benefits of a highly detailed, comprehensive power of attorney are numerous.  Unfortunately, many powers of attorney are more general in nature and can actually cause more problems than they solve, especially for our senior population. However, a highly detailed, … Continue reading

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