A-Z Vocabulary
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show | Irrevocable transfer of complete ownership of a life insurance policy to another.
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Accessory apartment | show ๐
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Accelerated death benefit life provision (also known as living benefit) | show ๐
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Accepting assignment | show ๐
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Accidental death dismemberment rider | show ๐
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Active adult (retirement) communities | show ๐
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Activity of daily living (ADL) | show ๐
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show | severe illness with a rapid onset and a generally short duration.
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Acute myocardial infarction | show ๐
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Adjusted basis | show ๐
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Adjusted gross Estate | show ๐
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Adjusted gross income (AGI) | show ๐
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show | A decedents post-1976 taxable gifts, reduced by taxable gifts included in the gross estate, which are added to a decedents taxable estate to form the estate's tax base.
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show | Distress leading to impairment in daily functioning and which occurs within 3 months of a specific event and does not last longer than 6 months after the end of the stressful event.
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show | The deductions used to arrive at AGI, adjustments to income include IRA contributions, half self-empl taxes, self-employ health insurance, job related moving expenses, alimony paid and penalty on early withdrawal from savings.
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Administrator (Administratrix) | show ๐
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show | Care provided at a community-based center for adults who need assistance or supervision during the day but who do not need around the clock care.
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show | Statement made by individual, usually in written document, concerning the medicall treatment to be provided and decision-maker to be appointed if the patient becomes terminnally ill or incapacitated.
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After-tax return | show ๐
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Ageism | show ๐
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Age-period-cohort | show ๐
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show | Regular changes that occur in mature organisms as they live for chronologically longer periods.
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Aging in place | show ๐
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show | Inability to recognize familiar objects in the absence of sesory deficits.
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Agoraphobia | show ๐
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show | A container, used in lieu os a casket usually used for immediate burial. Alternative containers are constructed of simple pine boards, particleboard or hard cardboard.
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Alternative minimum tax (AMT) | show ๐
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show | Progressive, degenerative form of dementia that causes sever deterioration of mental functioning, including memory loss, impairment of judgement, abstract thinking and deterioration of personality.
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Aneurysm | show ๐
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Angina | show ๐
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show | Used to treat symptoms associated with dementia.
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show | Procedure used to widen vessels narrowed by stenoses or occlusions. Variuous types of these procedures and their names are associated with the type of vessel entry and equipment used.
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Annual exclusion | show ๐
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Annuitant | show ๐
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show | Income from capital investment paid in a series of regular payments.
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show | Partial or total loss of the ability to speak or understand speech due to a disorder in the cerebellum of the brain.
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show | Cellular suicide to prevent a genetic error (as found in cancerous cells) from being passed on.
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show | Amount of an individual's assets that can be held not subject to federal estate tax.
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show | Difficulty with physical movement despite otherwise normal physical functioning. change in gait (walking) is one common example.
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Arthritis | show ๐
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Artificial nutrition and hydration | show ๐
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show | Method of diversification aimed at reducing variablility of return from a portfolio of investments. The point of assest allocation is to invest in different types of assets that have low correlation with others in the portfolio.
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show | What a person owns. assets include cash and cash equivalents, invested assets and use assets.
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show | Act of a person transferring ownershio of a life insurance policy to another person.
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show | Residential housing meant for seniors with physical or cognitive impairments that make it difficult for them to perform an average of two ADLs without assistance.
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Assisted suicide | show ๐
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show | Device used to improve the capabilities of an individual with disabilities. Assistive technology is an umbrella term that also includes durable medical equipment.
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Atherosclerosis | show ๐
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At-need | show ๐
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Authentic plans | show ๐
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Balance sheet (also called statement of financial position) | show ๐
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Basal | show ๐
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show | Rate of the body's chemistry at a baseline or at rest.
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Basis | show ๐
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Bathing | show ๐
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show | Sense of community that fulfills our need to be part of a group that shares and validates our values and beliefs, and in which we feel ssafe, secure and free to be ourselves.
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show | In the context of insurance, the person or entity who has remainder interest in policy proceeds. In the contexts of trusts, the person who benefits from the trust and who beneficial ownership of trust assets.
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show | Length of time used to measure use of svcs 4 inpatient hosp & skill nursing fac care & separately for hospice. Benefit period begins 1st day bene enters an inpatient hosp & ends when they have not rcvd inpatient hosp/skill care for 60 days in a row.
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Benefit trigger | show ๐
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Benzodiazapines | show ๐
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Bereavement | show ๐
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show | Actions designed to retard or reverse the aging process.
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Bequest | show ๐
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Biological nuclear family | show ๐
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Biomarkers | show ๐
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Biomarkers of functional age | show ๐
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Bipolar disorder | show ๐
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show | Husband and wife living together with children brought to the family by one or both partners from previous marriages or relationships; may also include children from their union.
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show | Residential setting-often lg, conventional, single-family house-consisting of multiple bedrooms, each occupied by 1 person or alternatively by 2-4 residents. They may share bathroom facilities, and most activities will occur in the bldg's common areas.
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Body donation | show ๐
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show | Debt that represents a legal obligation of the issure to pay principal and interest when due.
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Boundaries | show ๐
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Budget | show ๐
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show | State of mental or physical exhaustion caused by excessive and prolonged stress.
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Business ethics | show ๐
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Cancer | show ๐
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Capital gain / loss | show ๐
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show | Emergency treatment that compresses the heart and forces air into the patient's lungs. It is applied when the patient's heart or breathing stops.
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show | Time of introspection to help potential caregivers determine if they can embrace the role. Introspection is an honest appraisal of capabilities when caregivers take a truthful look at who they are & what they can handle physically, emotionally & mentally.
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Caregiver | show ๐
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show | Persons who help navigate seniors thru the sometimes confusing long-term supportive services system.
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show | Private companies who contract with the Centers for Medicare and Medicaid Services to make coverage determination and process Medicare claims.
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Cash-flow statement | show ๐
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show | Method of funds distribution in which the recipient decides how to spend $ for care, including purchasing svcs from vendors, hiring a friend to help with ADLs, purchasing assistive technology, or modifying their home to make it more accessible.
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show | Insurance policy provision allowing a policyholder to surrender the contract in exchange for $ equal to an insurance policy's accum. value, less any loans on the policy. Upon payout of the cash surrender value, the insurer no longer provides coverage.
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show | Metal, wood or plastic container in which a deceased's remains are interred.
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show | Definition of financial deficiency required of individuals who receive federally assisted income maintenance payments such as Aid to Families with Dependent Children (AFDC) or Supplemental Security Income (SSI)
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show | Basic living unit of the body.
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show | Owner or staff of a cemetary.
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show | Fixed-income investment vehicle available through financial institutions. Interest rates and maturities of CDs are fixed at the time of purchase. Maturities vary from a few months to a few years and early redemption may result in the pmt of penalties.
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Charitable gift annuity | show ๐
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Charitable lead trust (CLT) | show ๐
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show | Irrevocable agreement between an institution and donor designed to pay income to living bene. A donor transfers assets into a CRT, reserves an annuity income interest in the prop & contributes the remainder int in the prop to the charity at donor's death.
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show | Treatment of cancer using specific chemical agents or drugs that are selectively destructive to malignant cells and tissues.
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show | Medical condition with one or more of the following characteristics: permanency, residual disability; requiring rehabilitation training, or requiring a long period of supervision, observation or care.
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show | Term used in a tax-qualified long-term care contract to describe a person who needs long-term care either because of an inability to do everyday activities of daily living (ADLs) without help or because of a severe cognitive impairment.
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show | Calculation of age in terms of number of years a person has lived; calendar age.
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show | Excessive trading (overtrading) by an investor of a client's assets to earn commissions rather than improve the client's situation.
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show | Open disclosure of the way an organization operates, providing members or employess visible guidelines for behavior.
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Cognitive impairments | show ๐
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show | Building with niches or spaces for urns containing the cremated remains of the deceased.
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show | Agreement by an insurance company to pay a sum of money to an individual in exchange for receipt of money or property from the individual.
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show | A state that deems property originally purchased in that state may not be held as community property.
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show | Assets acquired by either or both spouses during a marriage, if couple lives in a community property state. Each spouse is considered to own half of property, regardless of who provided the means to purchase the property & regardless of how title is held.
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Community property state | show ๐
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show | A spouse who continues to live at home in the community while his/her spouse lives in a nursing home.
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show | Amount that Medicaid regulations permit a community spouse to retain.
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Competence | show ๐
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Compound rate | show ๐
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show | Process of interest accumulating on both a principla balance and previously earned interest.
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show | A financial plan that covers just about all of a person's financial objectives, including consdideration of risk management, investment planning, tax planning, retirement planning and estate planning.
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Compulsions | show ๐
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Conductive hearing loss | show ๐
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Conduit IRA | show ๐
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show | Loss of sense of position in relation to time, space or other aspects of the environment. Confusion may be the first sign of an illness, such as a urinary tract infection.
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show | Intentions for the future that are consistent, corresponding and harmonious with each other.
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show | Person appointed by the court to manage the financial and legal affairs of an incapacitated individual.
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Continence | show ๐
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Contingent beneficiary | show ๐
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Continuing care retirement community (CCRC, also known as life care) | show ๐
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show | Concept that as people get older they usually seel to pursue the same activities they engaged in earlier in life.
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Continuum of incapacity | show ๐
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show | Vessels that supply nutrients and oxygen to the heart muscle.
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show | Surgical procedure in which one or more blocked coronary arteries are circumvented by a blood vessel graft to restore normal blood flow to the heart. These grafts usually come from the patient's own leg, arm or chest arteries & veins.
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show | Amount paid to purchase a capital asset.
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show | Annual fluctuations in wages used to offset a change in purchasing power, as measured by the Consumer Price Index (CPI).
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show | Units of work history that determine a worker's eligibility for future SS benefits. Workers can earn a max of 4 credits each yr & most need 40 credits to qualify for benefits. Younger peeps need fewer credits to qualify for disablity or survivor benefits.
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Cremation | show ๐
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Crematorium (crematory) | show ๐
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show | Stmts of claim & pmt info from a Medicare intermediary or carrier used to inform a Medigap insurer of deductibles or coins charges required. The Medigap insurer uses crossover claims to pay provider for deductibles or coinsur charges the beneficary owes.
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show | Space in a mausoleum that encloses a casket with the remains of the deceased.
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show | Care, often provided by someone without professional training, to help individuals meet personal needs such as bathing, dressing and eating.
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show | Amount of insurance benefit (in dollars) paid to a beneficiary for daily long-term care expenses.
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show | Act of levying a state tax that is not dependent on the rules of the federal system.
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show | Person, in the absence of an advance directive, who has decision-making authority to advise the physician.
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show | Investment product in which payments do not begin immediately upon funding; rather, they are deferred until a future date.
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show | Reversible organic mental disorder characterized by disturbances of attention, memory and orientation with altered levels of consciousness ranging from mild confusion to stupor. Delusions, illusions or hallucinations may be present.
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show | False belief that persists despite logical argument and contradictory evidence.
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show | Persistant delusions in the absence of other symptoms.
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show | Stmt of cost submitted by medical care poviders to Medicare, even if they think that Medicare won't pay for a service. After a Medicare fiscal intermediary or carrier issues a denial, the senior can request reconsideration of the adverse decision.
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Demand response (also called dial-a-ride) | show ๐
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show | Pervasive cognitive decline: sleep disturbances; lost interest in activities; poor attention/concentration; loss of appetite; agitation or retardation of movement; irritability; memory loss; difficulty organizing; lang deficits & later incontience.
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show | Change in population structure identified w/ developing countries & associated improvements in public health & medicine. As countries become developed they experience a shift from rapid growth rate to slow growth to zero growth to reduction in population.
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Diabetes | show ๐
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Diabetes ketoacidosis | show ๐
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show | Measurement (the bottom number of a blood pressure reading) of the pressure remaining in the arteries betwen heart beats.
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show | Disposition where the deceased is cremated without embalming or funeral service with the body present.
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Direct rollover | show ๐
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Disability | show ๐
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show | Act of waiving the right to an inheirtance, resulting in the inheirtance passing to the next in line, in accordance with the terms of the will, trust or laws of intestacy.
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Discrimination | show ๐
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Disease | show ๐
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Disinhibition | show ๐
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Distribution | show ๐
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show | The process or stategy of investing in different types of assets to reduce risk.
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Domestic elder abuse | show ๐
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Do not resuscitate (DNR) order | show ๐
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Dressing | show ๐
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Durable power of attorney for health care (proxy stmt) | show ๐
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show | Individuals covered by both Medicare and Medicaid.
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show | Condition in which stroke patients have trouble eating and swallowing.
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show | Chronic; less severe form of depression including depressed mood most of the day, most days, for at least two years that causes significant distress or impairment in daily functioning.
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Earned income credit (EIC) | show ๐
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Eating | show ๐
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Elder cottage housing opportunity(ECHO) | show ๐
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show | Treatment that involves inducing a brain seizure by passing an electrical current through the brain for a few seconds via small electrodes attached to the head.
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Elimination period (waiting period) | show ๐
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show | Process in which the body fluid of a decedent are drained and chemicals inserted to retard decay.
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show | Reserve cash available to handle emergencies. Financial planners typically recommend an amount equal to three to six months of fixed and variable expenses.
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show | Process of identifying with and understanding another's circumstances, feelings and motives.
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show | Federal law governing the operation of private tax-deferred retirement plans. Qualified employer-sponsored retirement plans must comply with ERISA.
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show | Activity that lasts at least 30 minutes conducted to increase breathing and build stamina, which supports independence and enjoyment of activities.
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Equity | show ๐
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show | Hypothesis that aging is caused by environmentsl attacks to our body systems, resulting in damage over time.
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show | Transportation business or agency that picks up clients at home, guides them through appointments and then returns them home.
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show | All property interests a person owns, including properrty over which the person exercises decisive control.
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Estate plan | show ๐
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show | Process of directing one's affairs to provide income, investments and appropriation of assets for oneslf or others during life or upon disability or death.
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show | Tariff levied upon a decedent's estate by the federal government and some states, based on the value of the decedent's assets at death.
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show | Sex hormone found primarily in women, but also in men. This hormone has many roles, one of which is to slow thinning of bone as one ages, but it also may help prevent fraility and disability.
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Ethical wills | show ๐
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show | Act or practice of terminating (which can take a variety of forms) the life of a person.
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show | Fifteen percent markup on Medicare's approved amount allowed to physicians who do not accept assignment.
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Exclusion | show ๐
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Executive functioning | show ๐
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show | Representative responsible for distributing property when an individual dies with a valid will.
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Extraordinary medical measures | show ๐
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show | Group of two or more people related by birth, marriage or adoption and residing together, along with other unrelated people who may be living in the housing unit.
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Family limited partnership (FLP) | show ๐
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Family partnership | show ๐
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show | Portions of plants that mammals cannot digest and therefore cannot be absorbed through human intestines.
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show | Categorization of taxpayers used to determine deduction amounts and tax assessments. Each filer declares a filing status in their tax returns: married filing jointly or separately, single, head of household , estates and trusts.
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Financial planning | show ๐
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show | Private companies contracted by the government to make coverage determinations and process Medicare claims.
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Fixed-amount settlement option | show ๐
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Fixed-amount annuity | show ๐
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show | Investment that promises a stated amt of income either in form of periodic pmt or as a stated ending payout. B/c payouts are fixed these securities tend to be subject to interest rate risk & purchasing power risk.
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show | Retirement product where # of pmts a recipient rcvs is guaranteed. If recipient dies b4 the guar # of distributed pmts the bal paid to bene. If the annuitant outlives the guaranteed period they will cont to rcv pmts until death but no benefits to bene.
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Fixed-period settlement option | show ๐
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show | Services that transport seniors along an established travel circuit with designated stops where riders can board and be dropped off.
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Freedom-of-choice law | show ๐
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Free look | show ๐
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show | Having earned enough credits under Social Security. A fully insured person is eligible for survivor benefits for qualified spouse, child or depend parent; a death benefit pmt & retire benefits for himself, a spouse & child. Most need 40 credits to qualify
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show | Age as determined by what activities or actions a person is capable of.
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show | Ritual conducted to honor a decedent whose body is present.
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Funeral director | show ๐
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show | Trade rule issued by the Federal Trade Commission requiring funeral homes to disclose prices and prohibiting certain deceptive and unfair practices.
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Garden plot | show ๐
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Gasketed | show ๐
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show | In the context of home observation programs, a service person who visits a home regularly and is trained to notice anything unusual or indication of need and report it to the local Area Agency on Aging.
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show | Time span (Jan 1 - Mar 31 of each year) during which eligible seniors may sign up for Medicare. The effective date of coverage is the following July 1.
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Generalized anxiety disorder | show ๐
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show | Act of attention to one's legacy for future generations.
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Geriatric nurse practitioner (GNP) | show ๐
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show | Medical doctors (MD) or osteopaths (DO) who have completed a fellowship-training program in geriatrics.
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Geriatrics | show ๐
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Gerontology | show ๐
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Gerotranscendence | show ๐
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show | Act of doubling tax exclusion amounts of $11,000 per person per year by each exercising the exclusion, effectively allowing a couple to gift a total of $22,000.
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show | Elevated pressure within the eye that can result in damage to the retina.
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show | Ability of the body to control blood sugar (glucose).
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Grave liner | show ๐
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Grief | show ๐
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show | Amt used as the starting point for calculating income taxes. It includes all inc from all sources - wages, commissions, tips, honoraria, int, div, net biz inc, rent, royalties, gambling inc, and partnership inc.
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Growth hormone | show ๐
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Guaranteed renewable | show ๐
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show | Court-appointed fiduciary responsible for a minor or incompetent person.
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show | False perception believed to be real that occurs in the absence of adequate sensory experience.
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show | Physical help (minimal, moderate or maximal) without which an individual would not be able to perform one or more activities of daily living.
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Health care | show ๐
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show | Individual in an advance directive named to make health care decisions when the patient is incapacitated.
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show | Federal health insurance legislatin passed in 1996 that allows under specified conditions long-term care insurance policies to be qualified for certain tax benefits.
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Health maintenance orgniztion (HMO) | show ๐
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Heir | show ๐
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Hemiparesis | show ๐
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Hemiplegia | show ๐
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Hemorrhagic stroke | show ๐
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High-density lipoprotein (HDL) | show ๐
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Home and community-based service (HCBS) | show ๐
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Home and community-based services waiver | show ๐
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Home health care | show ๐
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Homebound | show ๐
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Homemaker services | show ๐
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Homesharing | show ๐
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Hospice | show ๐
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show | People who occupy a single housing unit. HH includes related family members & all unrelated people, if any, such as boarders, foster children, etc who live together. A person living alone or group of unrelated people living together is counted as a HH
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Housing unit | show ๐
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Hyperosmolarity | show ๐
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show | Abnormally high blood pressure
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Immediate burial | show ๐
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Impoverishment | show ๐
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Incapacity (loss of capacity) | show ๐
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Income cap states | show ๐
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show | Inability to control the release of urine and feces.
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Indemnity method | show ๐
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Indirect rollover | show ๐
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show | Investment product that provides annual pmts over the life of one individual.
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Individual retirement account (IRA) | show ๐
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show | To treat or condescend a person as if they were still a young child.
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Infarction | show ๐
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Inflation | show ๐
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Inflation protection | show ๐
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show | Pertaining to the cash flow statement, the dollars, such as from salary, dividends, interest, rental income, alimony, child support or investment redemptions, received by an individual during a particular period.
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show | Group of people, composed of family members, friends and neighbors, who collecively care for someone who face chronic illness or disability.
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Information return | show ๐
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show | Narrowing of information by the brain to a level or amount the conscious mind can handle
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show | Legal condition whereby a person can be said to have agreed or given consent to allow something to happen based on a full appreciation and understanding of the facts and implications of the action.
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Initial enrollment period | show ๐
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show | Mistreatment of an older person living in a residential facility by people who have a legal or contractual obligation to provide the elder victim with care and protection.
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|
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show | Spouse who lives in a nursing facility while the partner continues living at home.
๐
|
||||
show | Activities needed for independent living, including using the telephone, preparing food, shopping and handling finances.
๐
|
||||
Insurance | show ๐
|
||||
Insidious onset | show ๐
|
||||
show | Beneficiary's choice to leave life insurance proceeds with the insurer to accumulate interest at a guaranteed rate. MAny insurers pay interest above the guaranteed rate, consistent with investment earnings.
๐
|
||||
show | In-ground burial
๐
|
||||
Interdependence | show ๐
|
||||
Intestate | show ๐
|
||||
Intimacy | show ๐
|
||||
Intubation | show ๐
|
||||
show | Placing cremated remains in an urn.
๐
|
||||
Invasive cancer | show ๐
|
||||
Irrevocable beneficiary designation | show ๐
|
||||
show | Institution that owns the life insurance policies of a person. It pays the premiums to keep the insurance in force, collects the death benefits when the insured dies and distributes the money according to the terms of the trust.
๐
|
||||
Ischemic stroke | show ๐
|
||||
show | Specialized expenses that are totaled and then subtracted from the AGI in the tax calculation process. Total itemized deductions are used in place of the standard deduction if the total itemized deduction amount exceeds the std. ded. amt for the taxpayer.
๐
|
||||
show | Annuity product option in which the annuity is paid over the lifetimes of more than one person. When the first annuitant dies, the annuity payments for the survivor continue, but are sometimes reduced by a quarter or half.
๐
|
||||
show | Life insurance that covers more than one life. First-to-die life insurance pays benefits upon the death of the first of the two parties to die.
๐
|
||||
Joint tenants | show ๐
|
||||
show | Below-ground mausoleum
๐
|
||||
show | Total of all parts of the body that are not body fat and are biologically active tissues (e.g. bones, vital organ tissue, central nervous system)
๐
|
||||
show | Scale that measures the challenges caregivers face. The index combines the number of ADL's and IADL's that require help, as well as the amount of time devoted to care giving.
๐
|
||||
show | Length of time that estimates the number of years a person will live.
๐
|
||||
show | Annuity product in which payments are distributed only until the annuitant dies. No benefits are payable to a beneficiary.
๐
|
||||
Life income with period certain settlement option | show ๐
|
||||
show | Maximum length of time biologically possible for a given species.
๐
|
||||
Life stage | show ๐
|
||||
Lifelines (life review) | show ๐
|
||||
show | Medical treatment used to prolong life without reversing underlying medical conditions. This could include medical ventilation, renal dialysis, chemotherapy, artificail nutrtion and hydration and other treatments.
๐
|
||||
Lifetime reserve days | show ๐
|
||||
show | Combination of cholesterol and protein that circulates in the bloodstrem.
๐
|
||||
show | Trust that is established during the life of the grantor. A revocable trust is a trust that can be changed or revoked at any time by the individual who established it.
๐
|
||||
Living will | show ๐
|
||||
show | Span of time beg. on the date of a Medicaid application going back 36 months for transfers of money to an individual and 60 months for transfers to trusts. Transfers within the look-back period create a period of Medicaid ineligibility.
๐
|
||||
Long-term care insurance (LTC) | show ๐
|
||||
show | Sometimes included as an attachment to life insurance policies, provides coverage for various custodial care expenses in the event that the insured person becomes incapacitated as defined in the policy.
๐
|
||||
Low-density lipoprotein (LDL) | show ๐
|
||||
show | Retiremt plan distr with these 4 req: made in 1 tax yr, representative of the full bal to the participant's credit from all qualified plans of a single type; payable at death, attainment of age 59 1/2 or separation of serv & made from qualified plan.
๐
|
||||
Macular degeneration | show ๐
|
||||
show | Procedure using a nuclear magnetic resonance spectrometer to produce electronic images of spefic atoms and molecular structures in solids, especially human cells, tissues and organs.
๐
|
||||
show | Period more than 2 wks a person feels sad or lost interst or enjoyment in life; & changes in appetite & sleep, agitation or retardation of movement, fatigue, feelings of worthlessness or guilt, attention & concentration problems or thoughts of suicide.
๐
|
||||
Major medical insurance | show ๐
|
||||
show | Period of elevated or irritable mood, inflated self esteem, decresed need for sleep, extreme talkativeness, racing thoughs or shifting ideas, high distractability, increased activity or dangerous behavior that impairs daily functioning.
๐
|
||||
show | Tax rate at which the last dollar of income is taxed.
๐
|
||||
Married couple household with own children | show ๐
|
||||
show | Tax deduction that allows for unlimited gifts to a spouse who is an AMerican citizen.
๐
|
||||
Marital trust | show ๐
|
||||
show | Building containing crypts for the burial of the dead.
๐
|
||||
show | Description of a program that is available to those who meet financial requirements such as Medicaid.
๐
|
||||
show | Program that provides medical assistance for certain individuals and families who have low incomes and resources. It is a jointly funded cooperative program between the federal and state governments.
๐
|
||||
show | Delivery of health care under the supervision of physicians and nurses.
๐
|
||||
show | Definition of Medicaid applicants whose income levels are higher than others receiving assistance but who have medical bills in excess of their income.
๐
|
||||
Medicare | show ๐
|
||||
Medigap | show ๐
|
||||
show | Hormone that appears to play a part in regulating seasonal changes in the body and assists with sleep.
๐
|
||||
show | Individuals residing in a family home who qualify it as a non-countable resource in the Medicare application. The members include dependents, bro/sis w/ equity int in home & resided in home @ least 1 yr, or child residing @ least 2yr caring for applicant.
๐
|
||||
show | Cemetary restricting burials to garden plots or sites with no above-ground markers.
๐
|
||||
show | Ritual to honor the dead without the body being present.
๐
|
||||
show | Installation of a grave marker or memorial to honor the dead.
๐
|
||||
Mercy killing | show ๐
|
||||
show | Body's chemical processes that build and destroy tissue and release energy, thereby generating heat.
๐
|
||||
show | Cancer that migrates to distant locations.
๐
|
||||
Mild cognitive impairment (MCI) | show ๐
|
||||
Miller Trust | show ๐
|
||||
Minimum monthly maintenance needs allowance (MMMNA) | show ๐
|
||||
show | AMount that must be withdrawn from a retirement account once a cretain age is reached.
๐
|
||||
Molecule | show ๐
|
||||
Money market deposit account | show ๐
|
||||
Mourning | show ๐
|
||||
Mutual fund | show ๐
|
||||
show | Residual value after liabilities are subtracted from assets. Net worth represents the amount that is owned by an individual or family if unencumbered by debt.
๐
|
||||
show | Ability to learn new things even into advanced age.
๐
|
||||
show | Individual retirement account in which contributions are taxable as part of current income.
๐
|
||||
Nonforfeiture option | show ๐
|
||||
Nonparticipating life policy | show ๐
|
||||
Noncancelable policy | show ๐
|
||||
Nonfamily household | show ๐
|
||||
Normal retirement age | show ๐
|
||||
Nursing home | show ๐
|
||||
show | Protection for qualified participants and their beneficiaries against losses associated with retirement, death, disabilty and illness.
๐
|
||||
Old-Age, Survivors and Disability Insurance (OASDI) | show ๐
|
||||
show | Persistent thought, idea or image that is anxiety provoking and at least initially, believed by an individual to be absurd.
๐
|
||||
show | Mental condition defined by recurrent obsessions or compulsions that are severe enough to impair the individual's daily functioning.
๐
|
||||
show | Health professional who works with patients to improve their ability to perform activities of daily living and tasks in their work environment.
๐
|
||||
Organ | show ๐
|
||||
Organizational determination | show ๐
|
||||
Osteoarthritis | show ๐
|
||||
show | Weakening of the bone structure as bone cell breakdown outpaces new bone cell formation.
๐
|
||||
show | Expenditure or use of cash.
๐
|
||||
Outer burial container | show ๐
|
||||
Out-of-hospital do not resuscitate (DNR) order | show ๐
|
||||
Palliative care (comfort care) | show ๐
|
||||
Panic attack | show ๐
|
||||
Parkinson's disease | show ๐
|
||||
Participating policy | show ๐
|
||||
show | Type of policy that allows the insured to protect (keep) some assets if they apply for Medicaid after using policy benefits.
๐
|
||||
show | Guideline for use by proxy, physician or hospital ethics committees for determining health care decisions when a senior's treatment wished are unknown.
๐
|
||||
Patient Self Determination Act (42 U.S.C. 1985cc(f) & 1396a(w) | show ๐
|
||||
show | Savings account opened with a funeral director or cemetarian used to fund services, burial or cremation upon death of the accountholder.
๐
|
||||
show | Qualified employee retirement plan. Defined benefit plan=provides retirement benefit to employee, Defined contribution plan=provides for contributions from employees & an retirment benfit = to value of account balance at retirement.
๐
|
||||
Permanent life insurance | show ๐
|
||||
show | Service and fund to maintain a grave site forever.
๐
|
||||
show | Condition that limite cognitive function, caused by injury to the cerebal cortex.
๐
|
||||
show | Electronic device designed to let a user summon help in an emergency.
๐
|
||||
Personal exemption | show ๐
|
||||
show | Process of determining whether and how an individual can meet life goals through the proper management of financial income and assets.
๐
|
||||
show | Method of individual health care delivery in which a senior receives in-home services from personal assistants who are not supervised by medical professionals.
๐
|
||||
Phobia | show ๐
|
||||
show | Health professional who provides services to help patients restore function, improve mobility, relieve pain and prevent physical disabilities.
๐
|
||||
Polypharmacy | show ๐
|
||||
show | Written document executed by one person who authorizes another person to act on his or her behalf.
๐
|
||||
show | Method of distributing assets that provides donors with addtl economic benefits for themselves or other beneficiaries. Planned giving incl the use of charitable gift annuities, pooled inc trusts, char trust split int gifts & char family lmtd partnerships.
๐
|
||||
show | Housing designated for and designed with specific features for older people. Services offered can range from basic maintenance to housekeeping, meal plans, social activities, transportation and exercise rooms.
๐
|
||||
show | Mental condition from traum event. May involve recurrent thoughts /nightmares /reliving event, great distress, avoiding thoughts of people involved, feeling distant, difficulty w/ emotions, irritability /trouble sleeping /concentrating /hyperawareness
๐
|
||||
show | Provision of a will that instructs a court to transfer or pour over a dead person's probate assets into a trust, used if a senior has a trust and dies owning property that was not transferred to it.
๐
|
||||
show | Advance planning for a funeral or burial, sometimes structured with an agreement to deliver specific goods and services.
๐
|
||||
show | Negative attitude toward a category or group of people based not on current experience but on preconceived beliefs; favorable or unfavorable belief about the characteristics of a category or a group.
๐
|
||||
show | Funeral or cemetary purchase made before a death.
๐
|
||||
show | Arrangement for a funeral or burial in advance of need.
๐
|
||||
Presbycusis | show ๐
|
||||
show | Monthly payment to retired workers who begin receiving benefits at full retirement age of if they are disabled and have never received a retirement benefit reduced for age.
๐
|
||||
Private annuity | show ๐
|
||||
Private contract | show ๐
|
||||
show | Legal process of abministrating and distributing an estate after death.
๐
|
||||
show | Concept of the older population w/ greater capacity for employment, volunteering, caregiving. As the older pop has become healthier, more active & econ secure, productive aging emerges 2 contrdict negative views-frail, immobile, vulnerable, uncontributing
๐
|
||||
show | Care arrangement in which someone other than the senior makes the decisions about care and services.
๐
|
||||
Program of All-Inclusive Care for the Elderly (PACE) | show ๐
|
||||
show | Hypothesis that aging follows a biological timetable.
๐
|
||||
show | Condition in which an individual exhibits symptoms of not being in touch with reality, primarily through hallucinations and delusions.
๐
|
||||
show | Life insurance stipulation that pays proceeds over the lifetime of the beneficiary, with no residual benefits available to a second beneficiary if the first one dies.
๐
|
||||
Qualitative | show ๐
|
||||
show | Relating to or involving the measurement of quantity or amount. Quantitative research is often considered objective and repeatable by separate researchers under similar conditions.
๐
|
||||
show | Measurement used to determine worker's insured status & therefore, the amount and type of benefits available under Social Security. A worker is credited with 1 qtr of coverage, up to a max of 4 annually for each $500 of earnings thru covered employment
๐
|
||||
show | Use of x-rays or gamma rays to kill tumor cells in difficult to reach locations. Radiation is also used to eliminate a tumor w/o destroying large amounts of good tissue.
๐
|
||||
Reasonable and necessary care | show ๐
|
||||
show | Giving and promising a valuable gift if in exchange for the purchases of an insurance policy or other investment.
๐
|
||||
Reduced paid-up insurance option | show ๐
|
||||
Refund life income settlement option | show ๐
|
||||
show | Devoutness or excessive devotion to religion.
๐
|
||||
show | Body of the deceased. (Cremains are remains of a cremated body.)
๐
|
||||
Representative payee | show ๐
|
||||
Required beginning date (RBD) | show ๐
|
||||
show | Lowest annual required distribution amount for an IRS holder who reaches age 70 1/2.
๐
|
||||
show | Occasional care provided by a third party for the purpose of relieving family caregivers for a period of a few hours to several days.
๐
|
||||
Revocable beneficiary designation | show ๐
|
||||
show | Chronic disease marked by stiffness and inflammation of the joints, weknessm loss of mobility and deformity.
๐
|
||||
Rider | show ๐
|
||||
show | Service that arranges for seniors to be driven by volunteer drivers to specific destinations.
๐
|
||||
Right of survivorship | show ๐
|
||||
show | Pattern of individual activity that occurs within a specific type of social situation.
๐
|
||||
Rollover | show ๐
|
||||
Roth IRA | show ๐
|
||||
show | Combination muscle loss and increased body fat that results in overall weakening of the body.
๐
|
||||
show | Chronic and severely disabling disorder with symptoms of hallucinations and delusions, disorganized speech and behavior and deficiency of motivation, emotional expression or speech.
๐
|
||||
Section 1115 demonstration waiver | show ๐
|
||||
Self employment tax | show ๐
|
||||
Self-neglect | show ๐
|
||||
show | Progressive deterioration of many bodily functions over a period of time.
๐
|
||||
show | Property that was acquired by either spouse b4 marriage or individual funds. Ownership of this property belongs exclusively to the spouse that held it prior to marriage, inherited or received it or purchased it w/ individual funds.
๐
|
||||
show | Infection in the blood or other tissues.
๐
|
||||
Serial caregiving | show ๐
|
||||
show | Medicine that relieves symptoms of depression.
๐
|
||||
show | Daily nursing & rehab care performed only by or under the superv of skilled medical personnel. This care is usually needed 24 hrs/day, must be ordered by dr & must follow a plan of care. Indiv usually get skilled care in a nursing home or in other place.
๐
|
||||
Social gerontology | show ๐
|
||||
show | Extreme fear of public or performance situations in which an individual may feel threatened or embarassed.
๐
|
||||
Social Security | show ๐
|
||||
show | Benefit for disabled people under full retirement age who have enough Social Security credits and a severe medical impairment that is expected to prevent them from doing substantial work for a yr or more or have condition that is to result in death.
๐
|
||||
show | Network that provides people with a sense of being loved, cared for, esteemed and valued.
๐
|
||||
show | Extended group of relationships that has a distinctive cultural and economic organization.
๐
|
||||
Special enrollment period | show ๐
|
||||
show | Expending assets in order to qualify for Medicaid.
๐
|
||||
show | Basic value around which all other values are focused; central philosophy of life that guides a person's conduct; supernatural and nonmaterial dimensions of human nature.
๐
|
||||
show | Theory of emotional progession through distinct stages in response to a traumatic event or loss.
๐
|
||||
show | Deduction from AGI that any taxpayer may take, with the amount available being determined by the taxpayers filing status. The standard deduction is used in place of itemized deductions if the standard deducation exceeds the itemized ded amt available.
๐
|
||||
Standby assistance | show ๐
|
||||
State Health Insurance Counseling and Assistance Program (SHIP) | show ๐
|
||||
show | Declaration that identifies the assets, liabilities and net worth of an individual or family.
๐
|
||||
Stock insurance company | show ๐
|
||||
Stop loss (upper limit) | show ๐
|
||||
show | Retirement account with a beneficiary named who will keep money in a retirement account as long as possible after the death of the original account holder.
๐
|
||||
show | Behavior seen in response to a specific emotional event.
๐
|
||||
show | Collection of blood and blood breakdown products between the surface of the brain and its outermost covering (the dura) that remains even several weeks after an injury.
๐
|
||||
show | Mental disorder surrounding abuse of specific medication or drug. Includes development of tolerance for the substance; withdrawal symptoms; considerable time spent obtaining, consuming & recovering from use; desire/ unsuccess efforts to reduce amt or stop
๐
|
||||
Substantial assistance | show ๐
|
||||
Substantial gainful activity (SGA) | show ๐
|
||||
Substituted judgement | show ๐
|
||||
Subtrust (bypass trust, family trust, credit shelter trust) | show ๐
|
||||
Sundowning | show ๐
|
||||
show | Federal program funded by general tax revenues designed to help the aged, blind and disabled people who have little or no income & require help meeting basic needs for food, clothing and shelter.
๐
|
||||
Systolic pressure | show ๐
|
||||
show | Concept of dealing with grief in which an individual has a number of tasks to complete. The effort given to each task may increase or decrease in importance over the course of grief.
๐
|
||||
Tax credit | show ๐
|
||||
Tax elimination (or reduction) | show ๐
|
||||
Taxable income | show ๐
|
||||
Tax-deductible | show ๐
|
||||
show | Term that describes earnings or income not subject to federal income taxes until a later date. Regarding earnings produced within an IRA, taxdeferred earnings are taxed only upon distribution to the account owner.
๐
|
||||
show | Policy that conforms to standards in federal law and offers certain federal tax advantages.
๐
|
||||
show | Program that makes it possible for eligible low-income applicants to afford rental housing available in the private market.
๐
|
||||
show | Life insurance that providesprotection for a stated period and pays benefits only if the insured dies within that period.
๐
|
||||
Testosterone | show ๐
|
||||
show | Body's way of generating heat through shivering.
๐
|
||||
show | Hearing condition accompanied by some hearing loss, frequently referred to as ringing in the ears but often sounding more like buzzing, chirping crickets, blowing, roaring or popping.
๐
|
||||
show | Group of cells that makes up a part of the body.
๐
|
||||
Toileting | show ๐
|
||||
show | Simple trust agreement that makes a funeral director or cemeterian the beneficiary. The consumer is the owner and during life controls the account and pays taxes on any earnings. At death, the principal and earnings are paid to the funeral home/ cemetary.
๐
|
||||
show | End-of-life ceremony with a series of rituals and customs to honor the dead, including embalming of the body, an open casket arrangments, services at a house of worship and an interment.
๐
|
||||
show | Method of distributing assets when donor enjoys satisfaction of supporting worthwhile causes while recvig tax deduction. In addition to outright lifetime gifts, traditional giving may include leaving items to charity @ death or gifting life ins to charity
๐
|
||||
show | Living arrangement consisting of a husband and wife living together with children by birth or adoption only; with the father as the sole breadwinner and the mother as a full-time mother.
๐
|
||||
show | Act of moving into and out of bed, chair or wheelchair
๐
|
||||
Transient ischemic attack (TIA) | show ๐
|
||||
show | Syndrome w/ 2 clusters of symptoms: separation distress symptoms inc searching & yearning for deceased, having intrusive thoughts about deceased & experiencing excessive loneliness since death & trauma symptoms similar to posttraumatic stress disorder.
๐
|
||||
Treasury bill | show ๐
|
||||
show | Long-term obligation of the United States government. Interest is paid semi-annually and is not taxed at a state or local level.
๐
|
||||
show | Intermediate-term obligation of the United States government. Interest is paid semi-annually and is not taxed at a state or local level.
๐
|
||||
Trust | show ๐
|
||||
show | Person or organization that holds legal title to property held in a trust. The trustee holds and manages the property for the benefit of the trust beneficiary or beneficiaries.
๐
|
||||
show | Use of misleading term, jargon, language that is confusing.
๐
|
||||
show | Process of examining, accepting or rejecting insurance risks, then classifying those selected, in order to charge the proper premium for each.
๐
|
||||
show | Container used to hold cremated remains.
๐
|
||||
Values audit | show ๐
|
||||
Valued social role | show ๐
|
||||
Values questionnaire | show ๐
|
||||
Variable annuity | show ๐
|
||||
show | Step-like deterioration in intellectual functions that results from multiple infarctions of the cerebral hemisphere.
๐
|
||||
Vascular depression | show ๐
|
||||
show | Structure used in lining a grave to limit settlement with in-ground burials. Vaults are normally made of steel-reinforced concrete and lined with metal or asphalt.
๐
|
||||
Ventilation | show ๐
|
||||
show | Funreal practice in which the deceased lies in a casket and family and friends are allowed to view the embalmed remains.
๐
|
||||
Vital capacity (VC) | show ๐
|
||||
VO2 max (maximum oxygen consumption) | show ๐
|
||||
show | Rule that applies when a senior did not know or could not be expected to know that Medicare would deny payment for lack of medical necessity.
๐
|
||||
show | Provision in an insurance policy that relieves the insured of paying the premiums while receiving benefits.
๐
|
||||
show | Insurance coverage that furnishes life insurance protection at a level premium amount for the insured's whole life and includes a savings element on which a minimum rate of return is guaranteed.
๐
|
||||
show | Legal document that specifies how a person wishes to distribute probate property and provides other instructions in the event of death.
๐
|
||||
show | Method of figuring retirement or disability benefits when a recipient receives a pension from work not covered by Social Security. The formula used to figure the benefit is modified, resulting in a lower amount.
๐
|
||||
show | Time for family members to consider how much each will contribute to caregiving of the senior.
๐
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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