Trust property is wealth producing objects managed by an organization for the benefit of the settlor. The senior (settlor) contracts with an organization who assigns the management of the property to a trustee.
Trust property comes in many differing forms. Some examples of trust property include:
1. real property this is immobile and typically land
2. personal property this is mobile
3. intangible property an example would be securities
The contract (trust) stipulates that the organization (trustee) will be entrusted with the management of the seniors (settlor) property.
The organization contracted with the settlor (senior) to manage the property , has the responsibility of making decisions that will benefit the settlor. Typically the senior will outline the goals and expectations in the contract to help the trustee produce the most favorable results.
Home Care Path http://www.homecarepath.com/ encourages seniors to consult with independent financial legal council prior to entering in to a trust contract.
Saturday, September 24, 2011
Friday, September 23, 2011
Care Giving Values Being Kind Over Being Right
Care giving can often mean being kind rather than demonstrating you are right. It is the seniors life and part of that is the thoughts and perceptions being held in the mind. The care giver being right and the senior being wrong does not enhance the quality of the over all experience. Saying the care giver could help them if they would only listen is not productive.
Care giving involves ongoing balance between risk of harm verses the seniors autonomous level of independence. It can seem simpler, and much more efficient to just do everything for the senior. The care giver could impose their will, constantly offer advice, manipulate behavior to better align with your chosen values, and consistently explain your position as an expert on the seniors life. It seems more ethically responsible for a care giver to partner with the senior.
Partnering involves meeting with the senior in communication. The care giver goes past the place of right and wrong to partake in an experience of genuine discussion. Sharing ideas in an atmosphere of trust, that helps support the seniors choices throughout the day. The care giver is better able to understand the seniors sense of loss. The care giver learns ways to support the senior in participating in the things they can do for themselves.
Respecting the seniors unique ability to solve a problem. Being open minded. Listening to what the senior wants. Accompanying the senior with their daily experiences as a way to empower their strengths. It is always easier just to do it your way for the senior. It is always more beneficial to co-create and participate in the events of the day with the senior.
Care giving involves ongoing balance between risk of harm verses the seniors autonomous level of independence. It can seem simpler, and much more efficient to just do everything for the senior. The care giver could impose their will, constantly offer advice, manipulate behavior to better align with your chosen values, and consistently explain your position as an expert on the seniors life. It seems more ethically responsible for a care giver to partner with the senior.
Partnering involves meeting with the senior in communication. The care giver goes past the place of right and wrong to partake in an experience of genuine discussion. Sharing ideas in an atmosphere of trust, that helps support the seniors choices throughout the day. The care giver is better able to understand the seniors sense of loss. The care giver learns ways to support the senior in participating in the things they can do for themselves.
Respecting the seniors unique ability to solve a problem. Being open minded. Listening to what the senior wants. Accompanying the senior with their daily experiences as a way to empower their strengths. It is always easier just to do it your way for the senior. It is always more beneficial to co-create and participate in the events of the day with the senior.
Monday, September 12, 2011
When A Medical Claim Is Denied
You as the patient go to the health care provider for treatment and expect the health insurance you carry to pay their fair share of the expense. The health care provider gives you the needed treatment and submits the bill (claim) to your health insurance plan. The health insurance plan has a department called utilization review that can refuse (denial of claim) to pay the bill your health care provider submitted for the treatment you received. When you receive notification of a medical claim being denied:
1. Immediately submit the paper work of your plan to appeal the denial.
2. Call the insurance plan and ask for a comprehensive reason this claim has been denied.
3. Contact the medical provider explain you are in the appeal process, request an internal review to determine correct coding, proper ID numbers, and the medical providers submission is correct.
4. Call your insurance agent or benefits representative for help in identifying what is needed to complete the claim payment process. Does the health plan need more information. Has the claim been filed by the medical provider in the accepted time period.
5. Following the above steps can help reveal the claims process error and result in the claim being paid. If the claim is still being challenged you should follow through with the formal appeal process.
6. Write your appeal letter talking about how the treatment resides in the policy of the health care plan. Discuss symptoms leading up to treatment and the consequences or probable outcome of no treatment. Ask your medical providers to submit letters on your behalf.
7. Keep copies of all your correspondence and telephone records.
8. Attend the formal appeal process. This reinforces to the review committee you are a human being and not just the stack of papers they have been looking through.
This is a brief list written to give the reader a sense of the medical claims denial appeal process. Home Care Path www.homecarepath.com encourages seniors to consult with independent council specializing in the appeal process.
1. Immediately submit the paper work of your plan to appeal the denial.
2. Call the insurance plan and ask for a comprehensive reason this claim has been denied.
3. Contact the medical provider explain you are in the appeal process, request an internal review to determine correct coding, proper ID numbers, and the medical providers submission is correct.
4. Call your insurance agent or benefits representative for help in identifying what is needed to complete the claim payment process. Does the health plan need more information. Has the claim been filed by the medical provider in the accepted time period.
5. Following the above steps can help reveal the claims process error and result in the claim being paid. If the claim is still being challenged you should follow through with the formal appeal process.
6. Write your appeal letter talking about how the treatment resides in the policy of the health care plan. Discuss symptoms leading up to treatment and the consequences or probable outcome of no treatment. Ask your medical providers to submit letters on your behalf.
7. Keep copies of all your correspondence and telephone records.
8. Attend the formal appeal process. This reinforces to the review committee you are a human being and not just the stack of papers they have been looking through.
This is a brief list written to give the reader a sense of the medical claims denial appeal process. Home Care Path www.homecarepath.com encourages seniors to consult with independent council specializing in the appeal process.
Thursday, September 8, 2011
Bill Of Rights To Regulate Wisconsin Health Insurance Providers
On Wednesday September 7, 2011 Representative Jon Richards Milwaukee and Senator Jon Erpenbach Middleton have introduced a Wisconsin Patient's Bill Of Rights. This bill preserves legislation being challenged at the federal level for residents of the State of Wisconsin.
The law would regulate companies that market health insurance to Wisconsin consumers by guaranteeing a consistent delivery of service with purchase. The list includes:
1. Prohibit health insurance companies from having annual or lifetime caps on benefits
2. Prohibits health insurance companies from denying payment for emergency care
3. Prohibits health insurance companies from charging for preventive care
4. Prohibits health insurance companies from denying payment due to preexisting condition
5. Prohibits health insurance companies from dropping coverage when patient gets sick
By incorporating these protections in to State of Wisconsin law citizens can be assured of an important level of care that is required to effectively preserve health and wellness. Health care providers at the point of service can properly perform the needed tasks, without fearing gaps in coverage. Health insurance products can become more understandable to the consumer.
Home Care Path www.homecarepath.com encourages Wisconsin seniors to follow this legislation as it unfolds.
The law would regulate companies that market health insurance to Wisconsin consumers by guaranteeing a consistent delivery of service with purchase. The list includes:
1. Prohibit health insurance companies from having annual or lifetime caps on benefits
2. Prohibits health insurance companies from denying payment for emergency care
3. Prohibits health insurance companies from charging for preventive care
4. Prohibits health insurance companies from denying payment due to preexisting condition
5. Prohibits health insurance companies from dropping coverage when patient gets sick
By incorporating these protections in to State of Wisconsin law citizens can be assured of an important level of care that is required to effectively preserve health and wellness. Health care providers at the point of service can properly perform the needed tasks, without fearing gaps in coverage. Health insurance products can become more understandable to the consumer.
Home Care Path www.homecarepath.com encourages Wisconsin seniors to follow this legislation as it unfolds.
Wednesday, August 31, 2011
Variety of Wills
A Will is the legal declaration of a persons mind as to the manner in which the estate should be disposed of upon death. A written guide as to proper distribution of all the persons stuff. This lists some types of wills.
1. Simple Will facilitates distribution of assets in an uncomplicated estate.
2. Testamentary Trust Will establishes one or more trusts for assets upon death.
3. Pourover Will leaves assets to a trust you established before death.
4. Holographic Will is unwittnessed and hand written.
5. Oral Will (nuncupative Will) Only spoken words, not written down.
6. Joint Will one written document for two people, husband and wife.
7. Living Will has force while senior is still alive, does not dispose of property, gives medical staff directions if you should lose consciousness.
This is just a brief list of Wills that can be seen as the deceased persons things are distributed.
1. Simple Will facilitates distribution of assets in an uncomplicated estate.
2. Testamentary Trust Will establishes one or more trusts for assets upon death.
3. Pourover Will leaves assets to a trust you established before death.
4. Holographic Will is unwittnessed and hand written.
5. Oral Will (nuncupative Will) Only spoken words, not written down.
6. Joint Will one written document for two people, husband and wife.
7. Living Will has force while senior is still alive, does not dispose of property, gives medical staff directions if you should lose consciousness.
This is just a brief list of Wills that can be seen as the deceased persons things are distributed.
Saturday, August 27, 2011
Irene And Saffir Simpson Hurricane Scale
Weather reports use the Saffir Simpson Hurricane Scale to communicate the severity of Hurricane Irene to the public. This breifly describes the 5 categories utilized in the Saffir Simpson Hurricane Scale.
1. Category 1 see 74-95 mile per hour winds with storm surge 4-5 feet above normal no building damage noted.
2. Category 2 see 96-110 mile per hour winds with storm surge 6-8 feet above normal minor roof, door and window damage noted.
3. Category 3 see 111-130 mile per hour winds with storm surge 9-12 feet above normal visible damage to smaller residence and out buildings, garages noted.
4. Category 4 see 131-155 mile per hour winds with storm surge 13-18 feet above normal loss of roof on some sizable structures noted.
5. Category 5 see greater than 155 mile per hour winds with storm surge greater than 18 feet above normal loss of roofs and portions of buildings on residential and business structures.
1. Category 1 see 74-95 mile per hour winds with storm surge 4-5 feet above normal no building damage noted.
2. Category 2 see 96-110 mile per hour winds with storm surge 6-8 feet above normal minor roof, door and window damage noted.
3. Category 3 see 111-130 mile per hour winds with storm surge 9-12 feet above normal visible damage to smaller residence and out buildings, garages noted.
4. Category 4 see 131-155 mile per hour winds with storm surge 13-18 feet above normal loss of roof on some sizable structures noted.
5. Category 5 see greater than 155 mile per hour winds with storm surge greater than 18 feet above normal loss of roofs and portions of buildings on residential and business structures.
Friday, August 26, 2011
Probate Unsupervised
Probate is the process of settling an estate. The purpose of probate is to transition ownership of the deceased's assets to a living person or institution. Assets are identified to pay debts, taxes, and administrative cost and dispersed to heirs identified in the will.
Unsupervised (independent) probate reduces the courts role and saves the family money. Unsupervised (independent) probate are informal ways to administer a seniors estate without having to follow the specific rigid guidelines of a formal probate.
Unsupervised (independent) probate is appropriate when:
1. There is no problem to resolve among the interested parties
2. There is no ambiguity in the Will that needs clarifying
3. There are no minors or disabled children that may need protection of their share
4. The validity of the Will is not disputed
5. The estate does not involve complex issues such as stocks, or an active business
6. There is no need to transfer the assets any differently than the Will lists
Typically the court must approve unsupervised probate, and the registrar of probate must still list a personal representative. Once the estate has been settled the personal representative would still file an unsupervised personal representatives statement to close the estate with the probate court.
Unsupervised (independent) probate reduces the courts role and saves the family money. Unsupervised (independent) probate are informal ways to administer a seniors estate without having to follow the specific rigid guidelines of a formal probate.
Unsupervised (independent) probate is appropriate when:
1. There is no problem to resolve among the interested parties
2. There is no ambiguity in the Will that needs clarifying
3. There are no minors or disabled children that may need protection of their share
4. The validity of the Will is not disputed
5. The estate does not involve complex issues such as stocks, or an active business
6. There is no need to transfer the assets any differently than the Will lists
Typically the court must approve unsupervised probate, and the registrar of probate must still list a personal representative. Once the estate has been settled the personal representative would still file an unsupervised personal representatives statement to close the estate with the probate court.
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