PEACE OF MIND

1. PEACE OF MIND Russ Sweeney Elder Care Family Advisory Services 21 Kessler Farm Drive #379 Nashua, NH 03063 603-205-5694

2. There may come a time….. • When the child becomes the parent • Additional responsibilities can be challenging : • Your own family and job responsibilities • Limited time • Distance and geography • Learning curve • Government agencies and Red Tape

3. Potential Problems Missed bill payments Termination of Services Loss of Benefits Victimization

4. Qualifications • Practicing Corporate Accountant for over 20 years • 17- years hands-on experience handling: • Dementia, Stroke and other age-related illnesses • Financial Needs • Elder Care Red Tape • Fully bonded for your protection

5. Assessment and Planning • Meet with all concerned parties to assess needs • Develop a customized plan together for managing your loved one’s finances • Begin agreed upon program • Assist in identifying additional services and/or professional needs

6. Routine Services • Bill payment and mail screening • Monthly bank reconciliation • Record Organization and Reporting • Medicare and Medicaid Counseling • Seamless coordination with: • legal representatives • Federal, State & Local agencies • Healthcare professionals

7. Bill Payment: Two Approaches • Authorized Payment • Funds deposited to separate account • Bills reviewed, checks prepared. Elder Care Family Advisory Services authorized to pay bills • Payment requiring family member signature • Review bills and prepare checks • Submit checks for your signature

8. Status Reporting • Monthly summary of all bills paid • Reconciliation of bank and other financial statements • Copies of all bills paid • Alerts of any issues needing immediate attention

9. Fraud Prevention • Mail screening • On line monitoring of bank statements, charge cards and cash withdrawals • Review of all bills for reasonableness • Monitor for changes in expenditure patterns

10. Medicare & Medicaid Counseling • Review Medicare/Medicaid eligibility requirements • Prepare Medicaid application for nursing home eligibility

11. Record Keeping & Tax Preparation • Identify and monitor tax deferred withdrawals and expenses to minimize tax liability • Organize all records to support the tax returns • Prepare State and Federal tax returns

12. PEACE OF MIND Russ Sweeney Elder Care Family Advisory Services 21 Kessler Farm Drive #379 Nashua, NH 03063 603-205-5694