Finances

Medicare price negotiations

Lowering drug prices for seniors

By Miles Hurley | September 5, 2023

Last week the Biden administration unveiled a list of the first 10 medicines that will be part of price negotiations with Medicare. The negotiations were included in the 2022 Inflation Reduction Act. This negotiation program is being fought by pharmaceutical companies but should be a ‘win’ for seniors and Medicare.  Lowering perscription drug prices for…

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Durable Financial Power of Attorney

What is a Durable Financial Power of Attorney?

By Miles Hurley | January 31, 2023

Last week we explained what a Georgia Advance Directive for Healthcare is and why you should have one.  To create a comprehensive estate plan, you need several documents. To be fully protected and have your financial wishes followed, you should also have a Durable Financial Power of Attorney. One major component of a complete estate…

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Financial relief

Financial Relief is Here for Seniors

By Miles Hurley | January 3, 2023

Happy New Year! After another tumultuous year of supply chain disruptions, high inflation and grocery prices, retirees will welcome some financial relief with an increase in their social security checks. Social Security Check Increase Social Security beneficiaries will receive an incredible 8.7 percent increase in their monthly checks in 2023. This is the largest cost…

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Make a Resolution

Make an Important New Year’s Resolution

By Miles Hurley | December 27, 2022

Lose the weight, exercise more…typical New Year’s resolutions. In 2023, why not make a resolution that’s simple to keep? Create a proper estate plan for you and your loved ones.   Hurley Elder Care Law can assist you in making a customized estate plan that meets your family’s needs. Don’t Procrastinate! Although estate planning may be…

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Medicare open enrollment

Medicare Open Enrollment

By Miles Hurley | October 4, 2022

The Medicare Fall Open Enrollment 2023 season is here and that means your mailbox is probably getting bombarded with advertisements…it is truly a confusing time of year for most Medicare beneficiaries! Let us help you understand what happens during Medicare open enrollment. What is Medicare Open Enrollment? Each year, the benefits and premiums on your…

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Medicare Savings Programs

Convenience Or Problems: Adding Adult Children to Your Bank Account

By Miles Hurley | August 2, 2022

  Do you plan to add your adult child (or children) to your bank accounts as you age? This can be convenient but may cause issues and create complications within families during your lifetime and after your pass. Why Adding Your Adult Child or Children to Your Accounts Can Be Helpful Susie a 78-year-old widow,…

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barriers to accepting a financial Power of Attorney

Barriers to accepting a POA

By Miles Hurley | July 12, 2022

“No,” “Denied,” “We can’t accept that,” … These are all words our client families hear daily when presenting a General Durable Power of Attorney for Financial Matters  (POA) at a financial institution.  To protect an account holder’s assets, many banks will refuse to accept a power of attorney. They fear fraud and exploitation, so they…

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Preparing for the holidays

Preparing for the holidays

By Miles Hurley | December 7, 2021

‘Tis the season! Unfortunately, it is hard to be jolly when you are concerned for your aging loved ones. Many adult children have not seen their parents in months due to the ongoing pandemic. In addition, work and family obligations paired with substantial distance makes it difficult for all of us to get together as…

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How to choose a power of attorney

How to Choose a Power of Attorney

By Miles Hurley | October 12, 2021

We have spent a lot of time during the past year discussing the importance of a Power of Attorney. Because a Power of Attorney enables your agent to act on your behalf for all financial matters, it is extremely important that you choose an agent that you trust.  Effectively, you are giving someone else the power to…

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Exploring gray divorce

Exploring Gray Divorce

By Miles Hurley | August 31, 2021

What do Melinda and Bill Gates and MacKenzie and Jeff Bezos have in common? You may respond that they are ultra-rich billionaires, but another correct answer is both couples experienced a gray divorce. Over the next few weeks we will be exploring gray divorce and its impact on aging couples. What is Gray Divorce? Have…

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