The Best Ways to Maintain Independence as a Sandwich Generation Caregiver
Taking on the task of caregiver for an older or dependent adult can be challenging and stressful. It can also be rewarding. Knowing you’re contributing to your loved one’s quality of life is a good feeling. However, the burden of providing the care and assistance someone else needs can sometimes seem like too much to […]
The Best Ways to Plan for Alzheimer’s
Receiving a diagnosis of Alzheimer’s disease or another progressive form of dementia is always devastating for everyone involved. It is never easy to wrap your head around the changes that will gradually make life more challenging for you and your family. If you have recently been diagnosed with Alzheimer’s or dementia, it is important to […]
In The Absence of a Will, Who Settles an Estate?
According to caring.com, overall percentages of older Americans without a will remain the same despite the COVID-19 pandemic. On the other hand, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is now sixteen percent more likely to have a will than […]
The Importance of Understanding Co-Agents in New York
I can’t decide which of my two children should be my power of attorney when I need help paying my bills and talking to doctors. Can’t I just name them both? You can, but please don’t. You risk creating conflict or chaos if you name more than one child to serve simultaneously. Instead, pick one […]
Why an Elder Law Attorney Is Critical When Planning
If there is an aging loved one in your life or you have personal concerns about future health and finances, an elder law attorney can be a valuable resource for planning. Elder law is a highly specialized area of law focusing on the legal needs of older adults encompassing more significant issues like long-term health […]
Avoid These Common Mistakes When Planning for a Disabled Family Member
The largest single minority in the United States consists of 58 million individuals five years of age or older that are identified as special needs. The majority of federal and state benefits available to help persons with disabilities are needs based, meaning income and assets are strictly limited and can often by misinterpreted, resulting in […]
5 Important Financial Questions to Discuss With Your Aging Parents
As your parent ages, setting a plan in place for their care can be a difficult topic to broach. No one wants to talk about death and the financial realities that come with aging. Instead of having a proactive conversation early in a parent’s aging process most families have a reactive discussion under high levels […]
Seniors Face Long-Term Care Costs with 8 Trillion Dollars in Home Equity
The need for affordable long-term support services has seen a dramatic increase. Whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home, costs all around are exorbitantly expensive. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a […]
Let Your Health Care Power of Attorney State Your Final Health Care Decisions
If you are unable to make decisions for yourself, you can give this legal authority to someone else through a Health Care Power of Attorney, also called a Health Care Proxy or Durable Power of Attorney for Health Care. This prevents the courts from getting involved if there is a disagreement between family members and/or […]
The Benefits of the Senior Safe Act
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 and these numbers only reflect the crimes being reported. Issue Percentage of cases reported Third-party […]