Many Older Adults Living Paycheck to Paycheck
It is a tragedy that 45 percent of older Americans are having problems meeting their basic obligations. Many of these older adults must routinely shuffle their available resources in an attempt to keep quality health care, a roof over their heads, lighting, heating and air conditioning, cash resources for food and medicine, and other life […]
The Importance of Advance Directives During COVID-19
In a pandemic, such as COVID-19, it is critical to make arrangements for your advance care and directives quickly. Responses to vaccinations and understanding their efficacy, reinfection potential, and long-haul symptoms resulting from COVID-19 continue to baffle our scientific understanding. It appears the coronavirus will continue to challenge Americans, indeed the world, as according to […]
Things to Consider When Caregiving in a Pandemic
It is important, now more than ever, that caregivers are properly prepared, especially during this Coronavirus Pandemic. Caregivers must balance the need for their care partner’s health and balance it with that person’s safety. As the US heads into seasonally extreme weather months, it is prudent to create or revisit existing plans for evacuating a […]
Estate Planning Is Essential to Being Prepared
It makes sense that more aging Americans have completed wills and estate plans compared to younger Americans. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71, according to survey data — lack any type of estate plan. Although managing these details can seem […]
Estate Planning Considerations for Special Needs Children
Current medical and health care advancements have made it possible for dependents with special needs to live more useful lives than ever before. Many scientists regard the term special needs as a euphemism for disability. Yet, the difference between the two terms is primarily one of acceptance and preference as both terms describe the four […]
Be Prepared When Crisis Hits
Many Americans have been left confused and unprepared during the global coronavirus pandemic. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like COVID-19 might strike, we can take steps to prepare for an unexpected crisis to help reduce the stress on […]
Beware of Arbitration Clauses in Nursing Home Contracts
Imagine you or someone you love got hurt or abused at a nursing home facility and you felt it was so outrageous you had to bring a lawsuit. You would want a jury of your peers to decide whether and how much the facility should compensate you for your loss. However, you are at risk […]
Life-Prolonging Measures, How Far Do You Go?
If you or someone you love is taken down by a life-threatening illness, how far would you want extreme life-prolonging measures to be tried? For us who are particularly vulnerable – seniors, those with compromised immune systems, those already struggling with medical conditions – this question is particularly stark. Many people are familiar with DNR […]
Life Insurance Tips
The coronavirus pandemic has made us reevaluate our mortality, and consider if we were to perish, how our loved ones will be cared for. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents, and other loved ones. Life insurance can provide heirs numerous benefits: extra income […]
Power of Attorney at Age 18
It might be hard to imagine but, when your child turns 18, overnight, they become an adult. Now your child is free to vote, marry, apply for a credit card, make medical and financial decisions, sign contracts, and live independently. No wonder the law calls this coming of age “emancipation.” But if your adult […]