Medicaid and Gifting
A person should not be giving gifts if that person may need Medicaid assistance in the foreseeable future. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be…
The “Golden Years” for Many 65 or Older Has Become an Illusion
45 percent of aging Americans are not making it financially to meet their most basic needs, which is nothing short of a national tragedy. Many of these older adults must routinely shuffle their available resources in an attempt to keep…
Importance of Health Care Directives During COVID
It is high time to assess our values, priorities, and overall health in light of the coronavirus pandemic. The little COVID-19 clinical information relating to treatment options and likely outcomes based on personal health history should lead all of us…
“For the 99.5% Act” and How It Impacts Estate Planning
The "For the 99.5% Act" was introduced into Congress on March 25th, 2021 by Sen. Bernie Sanders and Rep. Jimmy Gomez. The bill's current form is only 18 pages long, but its potential impact on federal estate and gift tax…
Big Tech, Healthcare, and Privacy
Amazon, Apple, Microsoft, Facebook, and Google are plotting to take over healthcare in the US. Some of the businesses are underway, like storing medical records in the cloud for a fee or using patient forms that have been "anonymized" to…
Gray Divorce Leaving Americans in Financial Ruin
Gray divorce has become more and more common for Americans aged 50 or older. The term gray divorce generally refers to the baby boomer generation and affects all classes and education levels. Research shows that splitting during middle age is…
Questions to Answer Before Turning 65
In the United States, turning 65 years of age is a milestone on many levels, but before this birthday, there is a hefty checklist that you need to address to continue aging successfully. Overall the most crucial thing to do…
Things to Consider When Caring for an Aging Parent
It is essential to bring up a parent's aging expectations and set goals together even though initial discussions may be uncomfortable. Often, an exploration into a parent’s future thoughts about health, finances, and residential plans can make the difference between…
How to Recognize and Report Elder Abuse
What is Elder Abuse? Elder abuse is a problem that has many forms and different means. Unfortunately, many seniors are subject to elder abuse and often times the abuse goes unreported and the abuser goes unpunished. Elder abuse may take…
Aging and Artificial Intelligence
With the advent of artificial intelligence senior care is being re-envisioned. There is a need to provide an ever-increasing aging population with consistent and competent health aides. In the United States the healthcare industry employs over 4.5 million nursing aides…