Medicare contains four components: Parts A, B, C, and D. Part A is hospital insurance designed to cover inpatient care in hospitals and rehabilitation facilities. Part B helps to cover physician services, outpatient care, preventive services, durable medical equipment, and certain home health care. Part C, also known as Medicare Advantage, consists of insurance plans provided by private carriers. Medicare Part D, which is prescription drug coverage, generally can be obtained as an addition to Original Medicare (Parts A and B) or by signing up for a Medicare Advantage Plan that includes prescription coverage.
There is no denying it: Business-owners face various forms of litigation including commercial disputes, workers’ compensation claims, personal injury actions, and employment litigation. But employment litigation is quite unique from other types of legal disputes. Fortunately, EEO compliance helps avoid claims and establish viable defenses if a discrimination claim does arise.
Considering Social Security options? New rules have eliminated and/or limited two Social Security filing strategies that have helped married couples collect thousands of dollars in added income over their lifetimes. Speak with Sensenig Capital about these recent, important changes.
Estate planning can be as simple as drafting a will or as complex as setting up specialized trusts. When you are ready to create your own plan, it’s wise to enlist the help of a qualified, experienced estate planning expert.
If you have been named as a beneficiary of a trust, you probably have many questions about what comes next. Trusts can take many forms and may be governed by unique provisions established by the creator of the trust or “grantor.” As a trust beneficiary, you have certain rights. But to ensure that your financial and other interests are fully protected, you need some basic information about different trust structures and their management.
We consider many of the folks we work with to be “family stewards”. Meaning they primarily seek to use their wealth to care for themselves and their family. Therefore, considering family conversations about money are an excellent way to foster a strong family dynamic.
There is a growing awareness regarding how health affects our lives, bodies, families and now even our business and companies. Instilling Wellness Programs into our companies and corporate culture is dramatically affecting company bottom lines, productivity and overall morale.
In this final installment in our series, “Doing Due Diligence on Your Financial Advisor,” we wrap up our discussion about fiduciary duty and offer additional qualities worth seeking in your current or future advisor.
In the medical profession, physicians practice according to a familiar standard: “First do no harm.” There should be a similar level of commitment for anyone who wants to advise you about your financial well-being, right? Unfortunately, wrong.
Our prior post “Finding The Right Financial Advisor” generated enough interest that we decided to build upon our thoughts and create a series of articles in order to help guide investors toward finding an advisor that’s right for them. Let’s address this often challenging subject: In selecting or retaining a financial advisor, how do you know if you’re making a wise choice?