People work hard all their lives to own a home — it’s the American Dream — and it is often their most valuable and significant possession. So, when health begins to fail and the need for long-term care arises, we…
More Americans are finding themselves or their loved ones in need of nursing home care, due to our rapidly growing aging population. Often, nursing home care is absolutely necessary, but this doesn’t make it any less expensive and many find…
If a loved one might need Medicaid assistance soon, that person should not be giving gifts. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be very, very…
A letter of intent (LOI), also referred to as a letter of instruction, communicates important information to your loved ones that may not be covered in the general estate planning documents. Your LOI is a valuable piece in your estate…
Navigating Medicare can sometimes seem like going through a maze. On the one hand, Medicare is obviously a good resource because it provides medical benefits to seniors who are often on a fixed income. On the other hand, however, navigating…
The Department of Veterans Affairs (VA) released a ranking of 133 VA nursing homes in an effort to further transparency within the organization. The 5-star ranking system helps veterans and their families to locate the best facility possible in their…
Studies have found that over 64% of Americans still don’t have an estate plan. Many Americans over the age of 65 believe they lack the knowledge necessary to adequately plan for retirement and are not knowledgeable about basic retirement tools,…
Every so often, marriage comes later in life as it did for Wanda and Harry. This was their second marriage, and both had children from the prior marriages. The couple wanted their children to inherit from their respective parents, so…
Seniors now have federal protection, the Senior Safe Act, from financial abuse from either within a family or support system or by scammers taking advantage of them. Tens of billions of dollars each year are illegally taken from US seniors…
As seniors age, they increasingly count on help from family and friends to take care of their financial and health care matters. They often believe that their family members will be able to take care of any issues that arise.…