A California Skilled Nursing facility has been sued for “willfully neglecting” an elderly dementia patient who was left to die in her own filth and feces by overworked staff.

The facility was severely understaffed by poorly-trained workers leading to dirty conditions and a lack of care. The abused elder had vascular dementia and required one-to-one care.

Within a week of arriving at the facility the elder developed blisters on her feet and bed sores, pressure sores and decubitus ulcers sores on her back.

The family continually raised concerns the elder wasn’t being washed and even found her sat in a cold room with no dentures or glasses, and her face and hands covered in feces.

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How a Hedge Fund Works

Hedge funds are the quintessential “rich person” investment. Hedge funds can take investments from accredited investors and seek to deliver very high returns to investors.

Hedge funds are actively-managed by a portfolio manager who is compensated based on performance. The hedge fund typically accepts only a few investors – often less than 100 – which is significantly less than one might find in the smallest of mutual funds.

How Hedge Funds Work

Hedge funds are very similar to mutual funds. Investors pool their money together under a manager, which is then used to make investments on the open market. Here are a few of the biggest differences between mutual funds and hedge funds:

1.

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Retirement Planning: Aspects to Consider

Planning a good retirement is perhaps the most important financial goal to achieve. In order to be able to enjoy a nice retirement, you must plan early and build a strong investment portfolio that will support you when you are well in your retirement period. You can actually develop your own retirement plan with a financial advisor assisting you, and in this part we are going to discuss some of the most important aspects to consider. Let’s have a look, shall we?

The first thing you need to determine is the retirement goals you want to achieve. Calculate the amount of money you will need to maintain your existing lifestyle – or pursue an even better one – as well as the amount of time you have before you retire. These Full Post…

Who Are The Bankruptcy Trustees?

While filing for bankruptcy is a legal process that involved the Bankruptcy Court, few petitioners ever get to see a bankruptcy judge. Once you have filed your bankruptcy  petition, the paperwork makes its way to a bankruptcy trustee. It is their job to manage the bankruptcy process all the way though to its conclusion. While we often discuss what a trustee does in bankruptcy, we rarely discuss who they are.

There are three different trustees in bankruptcy. Bankruptcy are, in theory, managed by the United States Trustee. There are 21 regional centers across the country, each controlled by a U.S. Trustee. Your petition is passed on from the U.S. Trustee to either a Standing or Interim Trustee.

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