Education Definition

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How to Choose: Will v. Trusts

Depending on your situation, assets, stage in life and more, you might need a trust, a will, or both. We can help explain the differences between the documents.

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Wills and trusts are very different estate planning documents and either can be the right choice, depending on your circumstances. While they both provide instructions for distributing assets following death, a trust is generally a much more detailed document.

One of the

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by Oktavina•
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Are You Providing Patients with their Records Quickly Enough?

The Office of Civil Rights (OCR) continues to enforce their HIPAA Right of Access initiative on behalf of patients.

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Healthcare providers have been warned about complying with the HIPAA Right of Access as set out in the 21st Century CURES Act.

Now, providers are seeing words in action.

Since beginning the enforcement initiative, the OCR has brought forth 38 actions with financial penalties against healthcare providers in violation of the

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by Oktavina•
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Are Your Patients Searching for a New Doctor?

If your patients are not happy with their experience, they may be in the market for a new physician.

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Healthcare has historically been behind other industries in providing a patient-focused experience, leaving patients dissatisfied and often in search of a new place to receive care.

If you have patients who don’t return after their visit, cancel appointments, no-shows, or patients who call but don’t schedule a visit, it may be

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Student-loan borrowers defrauded by Corinthian were promised $5.8 billion in relief ‘immediately.’ 6 months later Biden’s Education Department says it’ll take

College graduate

College graduate.Robyn Beck/AFP via Getty Images

  • In June, the Education Department approved a $5.8 billion loan discharge for former Corinthian students.

  • Education Secretary Miguel Cardona said impacted borrowers would see relief “immediately.”

  • Six months later, borrowers are still waiting, and the department said relief will now take “some time.”

Lawsuits blocking President Joe Biden’s broad student-loan forgiveness are not the only reason some borrowers are in limbo.

Kevin was a student of the now-defunct for-profit chain Corinthian Colleges from 2004 to 2006, who requested his last name be withheld for privacy.

He was one of about 560,000 borrowers who

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by Oktavina•
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What’s Wrong with Using an Online Will?

While an online will might seem like a quick and easy solution to your estate planning problems, they can lead to many issues and costs down the line.

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Many online companies offer quick online wills. Some have software, others are quick downloadable templates. So why should you steer clear of online wills when doing your estate planning?

A few reasons include:

  1. many times, online wills are not valid or enforceable
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Ready for an Audit? – Rickard & Associates

Government audits are in full swing and it is essential that your practice is ready. Failure to prepare could result in great fines and loss of patient trust.

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Failure to plan and prepare for an audit can lead to disastrous results. If you fail to catch mistakes in your billing, you may face hefty fines from the United States Department of Health and Human Services (HHS).

To avoid these fines

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What Are the Maximum Social Security Disability Benefits?

In 2022, the estimated average Social Security disability benefit for a disabled worker receiving Social Security Disability Insurance (SSDI) is $1,358 per month, according to the Social Security Administration (SSA). That figure is expected to go up to $1,483 in 2023. These benefits are based on average lifetime earnings, not on household income or the severity of an individual’s disability.

If you’ve kept your annual Social Security statement, you can find what you are likely to receive in the Estimated Benefits section. The total amount that a disabled worker and their family can receive is about 150% to 180% of

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by Oktavina•
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Do I Need an Estate Plan?

Absolutely. No matter your circumstances, it is essential that you have an estate plan done to protect your future, your family, your assets and your interests.

Many people are worried about money and trying to cut costs. However, estate planning is not an area to ignore. Now is the perfect time to create or update your estate plan.

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There are so many issues that can arise as it relates to

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by Oktavina•