By Jim Miller

Dear Savvy Senior,

Does Medicare offer any financial assistance programs to help seniors with their medication costs? I recently enrolled in a Medicare drug plan, but I take some expensive medications that have high out-of-pocket costs and need some help.

Living on a Shoestring 

Dear Living,

Yes, there’s a low-income subsidy program called ‘Extra Help’ that assists Medicare beneficiaries on a tight budget by paying for their monthly premiums, annual deductibles, and co-payments related to their Medicare (Part D) prescription drug coverage.

By Jim Miller

Dear Savvy Senior,

Do you have any suggestions on divvying up my personal possessions to my kids after I’m gone without causing hard feelings or conflict? I have a lot of jewelry, art, family heirlooms and antique furniture, and four grown kids that don’t always see eye-to-eye on things.

Conflicted Parent

Dear Conflicted,

Divvying up personal possessions among adult children or other loved ones can often be a tricky task. Deciding who should get what without showing favoritism, hurting someone’s feelings or causing a feud can be difficult, even for close-knit families who enter the process with the best of intentions. Here are a few tips to consider that can help you divide your stuff with minimal conflict.

Sweating the Small Stuff

For starters, you need to be aware that it’s usually the small, simple items of little monetary value that aren’t mentioned in your will that cause the most conflicts. This is because the value we attach to the small personal possessions is usually sentimental or emotional, and because the simple items are the things that most families fail to talk about.

Family battles can also escalate over whether things are being divided fairly by monetary value. So, for items of higher value like your jewelry, antiques and art, consider getting an appraisal to assure fair distribution. To locate an appraiser in your area, try ISA-appraisers.org, Appraisers.org or AppraisersAssociation.org