The 5 Must-Haves for New York Estate Plan

estate plan

As we age, the need for estate planning becomes even more vital. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability. Others believe that an estate plan is only for rich people. However, an estate plan is helpful for the senior adult and […]

Why an Elder Law Attorney Is Critical When Planning

elder-law-attorney

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 […]

Overcoming Challenges When a Spouse Becomes a Caregiver

Caring for a seriously ill spouse is not easy, and can lead to a variety of relationship challenges.  With the passage of time and in the process of change, you can lose your best friend, your love, and your future as you both had imagined it. Promises will change from words spoken in oath on […]

Be Prepare for the Unexpected with a Living Will

Your preferences for life-sustaining medical treatment can be outlined in a living will. A living will is often joined by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will does not have specific instructions for the situation at hand.  “Living […]

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 […]

Coronavirus Isolation Has Led to Increased Loneliness in Seniors

Growing older can present its challenges and may not be as pleasant as once thought. Diabetes, high blood pressure, obesity, heart conditions, and pulmonary problems are common hurdles to overcome or manage. Apart from these well-known health issues growing evidence points to the powerful negative effects that loneliness plays in the life of senior well-being. […]

The New Addition to the Workforce: Seniors

There is a large group of people, aged 50+ that are currently financially supporting their children and their parents, making it harder for them to make ends meet. There are over 3 million seniors or near-seniors looking for full-time employment and millions more looking for part-time work. Seniors are finding that to make ends meet […]