SeniorTruth

Banking expert Alex J. Pollock offers a new way to help consumers understand the terms of their home mortgages — a more-understandable, one-page disclosure form. While he’s focusing on new loans, for many of us it would help to use his form so we can better understand our existing home mortgages.
“I believe there should be [...]

Question: My niece Trudy was born with a disability, and cannot support herself. She’s now in her 40s. I love her dearly, and want to leave her an inheritance to make sure she’s provided for. But I’m worried that the inheritance will make her lose the governmental benefits she now receives and depends on. What [...]

The U.S. Department of Veterans Affairs (VA) recently highlighted several successes by its Inspector General in investigating people who mishandle the finances of veterans and family members unable to manage their own affairs.
From January 2005 through April 5, 2007, the Inspector General investigated 61 cases of alleged fiduciary fraud.

At a hearing held on May 16, 2007, by the U.S. Senate Special Committee on Aging, Chairman Herb Kohl (D-WI) challenged the sales and marketing practices employed by insurance agents selling Medicare Advantage plans.
Medicare Advantage plans, which are private plan options offered to Medicare beneficiaries as an alternative to traditional Medicare, now account for [...]

The Government Accountability Office recently issued a troubling report titled “Efforts to Strengthen Federal Enforcement Have Not Deterred Some Homes from Repeatedly Harming Residents.” The report focused on 63 nursing home with past quality problems - located in California, Michigan, Pennsylvania and Texas.
The GAO reports continuing failures by government regulators to improve bad nursing homes, [...]