Beware Medicare's Penalties for Late Enrollment
For this reason, Medicare imposes fairly significant late-enrollment penalties for those who postpone signing up. To en...
Read moreFunerals are among the most expensive purchases many consumers will ever make, ranking only behind the purchase of a home and an automobile. A traditional funeral, including a casket and vault, can start at around $7,000, although "extras" like flowers, obituary notices, acknowledgment cards or limousines can add thousands of dollars to the bottom line. Many funerals run well over $10,000.
But it's possible to spend much less if you don't let funeral directors pressure you into buying goods or services you don't want or need. To help consumers resist such pressure and become more informed, Bankrate.com has compiled a list of "10 things funeral directors don't want you to know." The list is summarized below:
All funeral homes must comply with the Federal Trade Commission's Funeral Rule. The Funeral Rule requires all funeral homes to supply customers with a general price list that details prices for all possible goods or services. The rule also stipulates what kinds of misrepresentations are prohibited and explains what items consumers cannot be required to purchase, among other things. For more on the rule, click here.
Local Elder Law Attorneys in Your City
For the FTC's series of articles on Shopping for Funeral Services, click here.
For this reason, Medicare imposes fairly significant late-enrollment penalties for those who postpone signing up. To en...
Read moreYou are turning 65 and enrolling in Medicare, but as a healthy senior do you really need to also sign up for Medicare's suppl...
Read moreWhether it's an honor or a burden (or both), you have been appointed trustee of a trust. What responsibilities have been thru...
Read moreIf you are about to turn 65, then it is time to think about Medicare. You become eligible for Medicare as soon as you turn 65...
Read moreMedicaid Rules, etc