Technology has become universal and is becoming increasingly prominant in senior populations as the tech industry targets this growing market demographic. A new survey by AARP projects by the year 2030 close to 132 million Americans aged 50 or more…
What is a Special Needs Trust? In general, a trust is created when property or assets are managed by a person or firm on behalf of another person’s benefit. The person or entity who manages the trust is known as…
Americans are now becoming more apt to travel by plane as new and better protocols addressing safety in the prevention of coronavirus transmission are put into place. Airports, airline personnel, and TSA agents are handling a huge increase in the…
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…