Law Office of William C. Beyers

ElderLaw News February 2007 This Month's Articles: Make Sure Your Plan Beneficiary Choices Are Up to Date Coordinating Medicare and Employer Coverage Book Review: Boomer or Bust: Your Financial Guide to Retirement, Health Care, Medicare, and Long-Term Care Medicaid Recovery of Home Catches Many Families by Surprise New Reverse Mortgage Products to Hit Market Soon Make Sure Your Plan Beneficiary Choices Are Up to Date Many people periodically update their wills or other estate plans, but don't remember to update who will receive distributions from their retirement plans (such as IRAs and 401(k)s) upon their deaths. Every year you should review your entire estate plan, and the review should include retirement plan "beneficiary designations" to make sure they aren't outdated. more... Coordinating Medicare and Employer Coverage Many people continue working past age 65, and often their jobs provide health coverage. But age 65 also is the age at which most people enroll in Medicare. Should those with insurance through their employment also enroll in Medicare? more... Book Review: Boomer or Bust: Your Financial Guide to Retirement, Health Care, Medicare, and Long-Term Care This book is a rarity � a fun read that also offers a wealth of financial guidance to hard-pressed members of the "sandwich generation" who are planning for retirement, helping their kids and worrying about aging parents. more... Medicaid Recovery of Home Catches Many Families by Surprise States are becoming more aggressive about collecting reimbursement for Medicaid nursing home care, and families of deceased recipients are often stunned to discover that the state has laid claim to the family home. more... New Reverse Mortgage Products to Hit Market Soon Reverse mortgages are gaining in popularity, but if you are considering getting one, you might want to wait a little while. Better deals may soon be available as competition between companies entering the market heats up. more... ElderLaw News is a monthly e-newsletter that brings you reports of legal developments and other trends of vital interest to seniors and their advocates. This newsletter is brought to you by Law Office of William C. Beyers Find out more... Quick Links... Elder Care Costs Deplete Savings Avoid Penalties When Withdrawing from Your IRA Another Piece of the Alzheimer's Puzzle 401(k) Statements Now Come With Investment Advice Where Seniors Live Makes Difference in Medicare Drug Cost Sibling Rivalries Affect Care of Aging Parents Join Our Mailing List

bbeyers@qwest.net phone: (970) 669-1101 Law Office of William C. Beyers Website