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Your Most Important Person

Your Most Important Person image

*Contributed by Marie T. Chin, Estate Planning Coordinator

“Every patient is someone’s most important person”. This was the quote on my desk calendar that I saw every day for the entire month of July. At Procino-Wells & Woodland, I am so proud to be a part of a team that sees each client as “someone’s most important person”. When someone comes into our office, they are typically dealing with preparing for death or with the recent loss of a loved one. These are incredibly difficult conversations to have and I am grateful to be part of a team that not...

Depend on Market Efficiency – Not Pundits – to Help Protect Your Portfolio

Depend on Market Efficiency – Not Pundits – to Help Protect Your Portfolio image

Jeffrey D. Montgomery is the founder and president of Montgomery Financial Services LLC (www.mfswealth.com). He works primarily with pre-retirees, retirees and affluent small-business owners, helping them grow, protect and distribute their financial assets.

The stock market is an amazing thing, with so many moving parts that it’s impossible to predict. So don’t even try to determine what it’s going to do next, and don’t believe people who say they can. Here’s what to do instead.

Hardly a day goes by without some self-proclaimed expert making lofty, and sometimes outrageous, predictions in the media about where the markets are heading and...

Do I Need to Name an Alternate Agent, Trustee and/or Executor?

Do I Need to Name an Alternate Agent, Trustee and/or Executor? image

A basic estate plan usually includes a Last Will and Testament, a Durable Power of Attorney and an Advanced Healthcare Directive. Often at the initial consultation, we review a client’s previous estate plan and many times find that they have named only one person as agent and/or executor. This could potentially cause challenges - what if that person becomes incapacitated or passes away before you? What if your agent goes on a long trip and during that time you have a significant health emergency and need that person to act on your behalf? Also, we often find that two people...

Palliative Care and Hospice: What's the Difference?

Palliative Care and Hospice: What's the Difference? image

Contributed by Tiffany Rubin, Chief Happiness Officer, Nurse Next Door Delaware, https://www.nursenextdoor.com/blog/welcome-to-nurse-next-door-delaware/

Palliative Care and Hospice often get confused with each other, and they also often come with negative connotations. We break down what you need to know, and help you figure out how to use each service to the fullest.

4 Main Differences at a Glance Prognosis: Palliative care does not have a particular prognosis. Hospice requires a prognosis of less than 6 months to live.

Qualifying for Care: Palliative care requires a serious illness, acute or chronic, as determined by your physician.

Goal of care: Palliative care focuses...

Is There a Difference between Medicare and Long Term Care Medicaid?

Is There a Difference between Medicare and Long Term Care Medicaid? image

For many people there is a general misunderstanding regarding the two programs: Medicare and Medicaid.

Medicare is a nationwide, age based, governmental health insurance program funded by the Social Security Administration. Most of us, as taxpayers, will contribute to this fund while we are working. There is also a monthly premium that is paid for the level of insurance you choose to enroll in. You become eligible for the benefit when you turn 65, so it is an age based program. Some people with certain disabilities may be eligible for the health insurance before they turn 65.

There are different...