Senior & Assisted Living Advisor Throughout Illinois
Make informed decisions!

Articles and Guides

Use the following articles and guides to help you make an informed decision. Please contact your Senior Advisor if you have questions.


How to Apply for Medicaid 

Applying to receive Medicaid Long Term Care in a Nursing Facility is a time-consuming process, but getting each step correct will ultimately land you or your loved one in the right nursing home with expenses paid by your state’s Medicaid. The process differs depending on the applicant’s financial situation.

Social Security: Understanding the Benefits 

Navigating a government program can be overwhelming. During this presentation, Megan will give an overview of Social Security’s programs and online services. Included in this presentation will be a discussion of disability, retirement, survivor’s benefits, and Medicare. Megan will go over when to apply for benefits and where to find benefits information online. Presented on January 11, 2022 by Megan Forristall, Public Affairs Specialist, Social Security Administration

Optimizing Social Security Benefits 

Presented by Donna Adams, Sales Director, Paradise Financial Partners We will talk about the benefit possibilities; how they can potentially be optimized (sometimes by hundreds of thousands of dollars); and what you need to know to help ensure your claiming decision doesn’t result in a lifetime of lost income. Yes, we’ll even talk about the question on many people’s minds: will it be there? Presented at Elderwerks Senior Fair 2020

Solving the Medicare Puzzle 

Presented by Francesca Brogan, Financial Advisor at SBC Inc. In this educational seminar, you will learn the A, B, C and D's of Medicare. Discerning the differences between the many Medicare Parts and Plans can be puzzling. Understanding how Original Medicare works is the first step. From there you will learn about the different options that are available to you and putting the pieces of the puzzle together becomes much clearer. Please join me so that you can obtain the knowledge that you need to make informed decisions. Presented on August 14, 2020 at the Elderwerks Virtual Senior Fair

Credit - Facing Retirement Challenges 

Presented by Donna Rasmussen, Financial Literacy Educator at Consumer Credit Counseling Service of Northern Illinois, Inc. at Elderwerks Senior Fair 2020.

Medicare Benefits During COVID-19 

Presented by Patrick Langan, Oak Street Health at Elderwerks Senior Fair 2020. Patrick discusses Medicare benefits and how to utilize them for yourself. Planning for unexpected events like the COVID pandemic, the differences in types of supplements and how to choose which one is best for you.

Social Security Disability Change & Confusion 

Presented by Jeffrey Rabin, Managing Partner, Law Offices of Jeffrey A. Rabin & Associates, Ltd. at Elderwerks Senior Fair 2020

Financial Steps for Caregivers Requires Adobe Reader

What you need to know about protecting your money and retirement by WISER (Women's Institute for a Secure Retirement) wiserwomen.org

Medicare Made Clear 

Presented by Vicki Madigan, Madigan Insurance Group at Elderwerks Senior Fair 2020

Should I be on My Parent's Bank Accounts? 

While it is a good idea to provide account access to a trusted family member, the actual titling is extremely important and can have unintended consequences if not coordinated with the estate plan of the parent.

Natural Disaster Victims Mortgage Assistance Information 

Picking up the pieces after a natural disaster can be confusing and frustrating. For homeowners facing property damage, there might be questions about making mortgage payments, especially if you have additional housing costs because your home is uninhabitable after a storm.

Bankrate 

Provides articles, information, resources and comparison tools for a variety of financial topics.

Daily Money Managers Value 

Article written by Ifaat Bosse of Bottom Line Financial regarding working with a money manager.

What is Medicare ? 

Medicare is health insurance for people age 65 or older, under age 65 with certain disabilities and any age with end-stage renal disease (ESRD) which is permanent kidney failure requiring dialysis or a kidney transplant. The "parts" are defined in this article.

A Beginners Guide To Medicaid 

An introduction to the government's Medicaid health insurance program and how it works.

Investors Beware - Fiduciary Rule is Dead 

Written by Terry Savage

Paying for Senior Care 

Understand Your Financial Options for Long Term Care

Medicaid vs. Inheritance 

It's important to put money into a Trust for your loved ones.

Money Smart for Older Adults: Prevent Financial Exploitation Requires Adobe Reader

This guide was put together by the Consumer Financial Protection Bureau and FDIC. It's a good guide to help avoid identity theft, knowing what to do to be financially prepared for retirement and much more.

Long Term Care Planning for You & Your Family 

One of the most stressful times in the life of a family can come when a long term care event arises and family members face the task of finding and paying for a loved one’s long term care. Finding the best care is difficult enough, but when plans aren’t in order and families don’t know how they are going to pay for long term care services, an already emotionally and financially taxing situation can take an even greater toll on a family.

Top 10 Medicaid Mistakes and How to Avoid Them Requires Adobe Reader

Elder Law Attorney, Melissa Wick, discusses Medicaid and some issues that arise as you try to apply for Medicaid.

Medicaid Spend-Down Check List Requires Adobe Reader

Medicaid spend-down check list written by elder law attorney, John Belconis.

Reverse Mortgages…Are they a good idea or a bad idea for seniors?? 

Information on how reverse mortgages can benefit seniors.

Do I Even Need A Financial Consultant? Requires Adobe Reader

Why you need a financial consultant to plan for retirement and for your senior housing needs.

Contact Elderwerks

Finding assisted living or other types of senior care can be overwhelming and a time-consuming task. Elderwerks is a relationship-based company. We are dedicated to our families 24/7.

Contact Us

For your complimentary, individual consultation, or for help touring an assisted living community, call an Elderwerks Advisor today at 855-462-0100.

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Our monthly Newsletter provides up to date information on new research, resources, and other items of interest to older adults and their caregivers.