Long-term care insurance is very beneficial for the elderly or disabled person who will need services or support to meet their personal care or health needs. However, it is important to understand long-term care insurance before the time comes when…
Powerful “power of attorney” (POA) documents are essential, if there ever comes a time when you or your aging loved one becomes unable to manage finances or make health-care decisions. Beware if you rely only on POAs that hospitals provide,…
In 2006, the term sandwich generation was included in the Miriam Webster dictionary for the first time. Sandwich generation is defined as “a generation of people, typically in their thirties or forties, responsible for bringing up their own children and…
A letter of instruction is a beneficial element of your estate plan. It is an informal document that will give your loved ones important information about personal and financial matters after your death. Letters of instruction are not legally binding…
It is unfortunate that criminals come out of the woodwork whenever people are vulnerable or in need. Nobody needs reminding, these days, how many of us are in precisely that situation. The opportunities to exploit fear and need are especially…
Who should you trust to help you manage your finances when you are no longer able to do so? A power of attorney (POA), otherwise known as an agent to your principal, has the legal authority to represent and make…
Your parent is getting on in age, but you are unsure if there is a plan in place for their future care. It is a difficult topic to broach; no one wants to talk about death and the financial realities…
Money is one of life’s biggest concerns. People of all ages struggle to stretch their dollars to meet their needs and wants. Many seniors live on a fixed income and are presented with more challenges in making ends meet. Creating…
Kaiser Health News has reported that the coronavirus pandemic is prompting aging Americans to create or update their living wills. Specifically, intubation is the topic that has many seniors crafting or rethinking their strategies amidst a wealth of disparate COVID-19…
Individuals who suffer from Alzheimer’s disease and other forms of dementia are prone to wandering. This is often caused by the decline in cognitive functioning and symptoms such as restlessness and confusion that are associated with this decline. The more…