What to do if Your Beloved Senior Has Declined: A Client's Story
Letty left New York for Philadelphia by train to visit her sister and brother-in-law last Thanksgiving; but she left four days early. Her sister and brother-in-law noticed during her prolonged stay with them that she was more forgetful. When they returned her to New York, they discovered piles of papers with unpaid bills interspersed throughout. Concerned neighbors were pleased to learn that Letty's family was taking seriously the signs they had already noticed. Eddy & Schein helped locate a home health agency to supervise medications and was hired to help with bill paying and tax filings. While Letty may eventually need more support going forward, the help her family found for her has given her extra years of independent living.

Holidays Can Be the Time to Check in on the Seniors in Your Life
Holidays are often when people have an opportunity to spend time with their seniors and in the process identify changes from the year before and warning signs of diminished capabilities.
They might notice:

•     Repeated stories (if this is unusual)

•     Forgetfulness

•     Non recognition of family members

•     Confusion

•     Unsteady gait

•     Diminished eating

•     Clutter in a home that was clutter-free

•     Less cleanliness of clothes and/or home

•     Regularly scheduled doctor visits missed

If this is the case, plan a strategy to provide help for your senior. Check to see if long-standing holiday traditions are remembered; e.g., holiday gifts and tipping. Verify that all important documents are in place. In addition, read our June Issue to see some of the ways that family and friends can help seniors. Alternatively, there are professionals who can be hired. Our July issue lists professionals who can be of help.

 

November is National Caregivers Month and Long Term Care Awareness Month

 

This month we recognize and honor the millions of caregivers across the United States. The Eddy & Schein newsletter is intended to support caregivers in their work.We would like to take this opportunity to wish the Caregivers of the World HAPPY HOLIDAYS - not only during this month, but for the rest of the year.

It is also a good time to think about yourself in relation to the senior in your life. Ask yourself some questions:

•     Am I prepared if my mother has a medical crisis?

•     What if I discover slow deterioration in my great uncle?

•     What help can I provide to my parents?

•     What are my limitations due to family, work, distance, and relationship dynamics?

•     Are my senior's affairs in order?

•     Would someone be able to seamlessly step in and handle finances and medical coordination if my senior cannot?

By planning ahead, long term care plans can be put into place and concerns can be minimized.

 

Medicare D plans can be changed from November 15 to December 31

 

You may enroll in or change Medicare D (Medicare's prescription drug program) from November 15 to December 31 with coverage or change beginning January 1. At no other time of the year can you do this. If you need help navigating the confusion of plans, call Eddy & Schein at 212-987-1427 for a free consultation.

 

The tax year is coming to a close - Will your seniors be ready?

 

Does your senior know how to help their accountant prepare? Are they receiving a tax organizer from their accountant? Do they know where their deductible documentation is (charitable contributions and medical expenses, for example)? Do they know how to collect 1099s, K-1s, and other income statements?

Do you or a loved one need help gathering documents to send to the accountant? Eddy & Schein can help.

 

Please Call 212-987-1427 for a Free Phone Consultation

 

 

Rebecca R. Eddy & Gideon Y. Schein in the Public

    

November 5, 2009 - Rebecca Eddy, Eddy & Schein, and Patricia Mulvey, Jewish Home Lifecare, presented "The Team Approach to Eldercare: From Home to Institution to Home Again" to Health Leaders of New York (HLNY)

November 5th - Rebecca Eddy facilitated a "Lunch and Learn" at the Center for Hearing and Communication

November 16, 2009 - Rebecca Eddy presented "Ten Mistakes that Many Seniors Make" to Village Care of New York's Neighborhood Naturally Occurring Retirement Community (NNORC) which led to an excellent discussion about legal documents and consolidation of assets.
November 24, 2009 - Rebecca Eddy to make an in-service presentation to Fox Rehabilitation

 

Eddy & Schein is available to speak on a variety of issues relating to senior life. Please call us at 212-987-1427 to discuss your upcoming event or webinar

 

 

Eddy & Schein Affiliations

On November 2, 2009, Rebecca Eddy and Gideon Schein were awarded Certificates of Participation in Training for Article 81 Guardianship Training

Rebecca Eddy and Gideon Schein recently returned from the AADMM National Conference during which they participated in workshops covering ethics, reverse mortgages, and Power of Attorney (POA) vs. guardianship functions

 

 

Previous Newsletters Archived on our Website

 

Our previous newsletters are archived on our website at http://www.eddyandschein.com/newsletters.php 

At any time, from our home page, you can click on the "View Archives" link situated below the subscription sign up space.

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If you found our newsletter informational or useful, please scroll back to the top of the page and click on the link send this to a friend - to send it to anyone else who would benefit from it!

Please feel free to contact us and take advantage of our free telephone consultation.  We would be happy to talk to you about how we can provide Life Keeping, Not Just Bookkeeping®.

Sincerely,

 

 

Copyright, July 2009, Eddy & Schein, Inc.

 

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About Us 

 

Partners Rebecca R. Eddy and Gideon Y. Schein, both MBAs and certified Professional Daily Money Managers, have a primary focus on the needs of an aging population:

• Seniors who need help in organizing and streamlining tasks such as expense and revenue tracking, bill paying, health insurance claims management, or providing regularly required information to accountants and lawyers.

 

• Seniors who may or may not have an estate plan in place, but need to catalog assets and personal effects and coordinate and track philanthropic activity. 

If you have not already downloaded our "10 Mistakes to Avoid: Make Your Senior Years Easier," go to www.eddyandschein.com/10mistakes.

 

Our Promise

 

Eddy & Schein In-Home Administrators for Seniors® is dedicated to making life easier when it comes to managing seniors' personal administrative matters.  From simply gathering and paying bills each month to performing a complete review of seniors' financial and personal affairs, we provide exactly the help needed.  Working with Eddy & Schein, clients are given private, one-on-one attention at home. Together, we'll develop a plan to address our clients' specific needs. And of course, privacy is strictly guaranteed.