Strategies to Safeguard Assets for Spouses When Facing Long-Term Care
You worked hard to provide for your spouse throughout your marriage, and you want to continue to do so well into your retirement years. When the need for nursing home care or assisted living is on the horizon, the cost of such care can weigh heavily. The good news is that asset protection planning can […]
How to Help Seniors Find Joy During the Holidays
The holiday season is joyous for many. However, it can be overwhelming if you care for an older adult. People in their senior years often feel isolated from the outside world if they can’t participate in certain festivities. Maybe they used to be active and loved playing with their kids and grandkids but no longer […]
Wedding Bells Later in Life? What Newlywed Seniors Need to Know About Their Estate Plans
Some seniors don’t expect to remarry after a divorce or the death of a spouse. However, life is full of surprises. You could meet someone at any age, even during your retirement years. Many older adults bring various assets and debts into a new relationship. They might also have children from a previous marriage, one […]
What Single Seniors Need to Know About Their Estate Plan
Whether you’re a single senior who lives alone or one who lives with a partner, establishing a new estate plan or modifying an existing one is essential. You might wish to leave assets to your partner that they could not get through intestate succession, or maybe you have children you want to leave your assets […]
Why Moving Is So Hard for People with Dementia
Elder law attorneys know that making the decision to move an elderly loved one into an assisted living facility is never easy. However, when your elderly parent or grandparent is struggling with Alzheimer’s or another form of dementia, the situation can be particularly challenging. Challenges of Moving with Dementia For those with dementia, being in […]
Long-Term Care Costs Are Rising — Here’s What You Should Know
Due to advances in medical technology, more Americans are living longer. In many ways, this is great news. However, this situation has brought about some significant challenges that all aging people now have to face. One of the most pressing concerns is the rising cost of long-term care. Understanding how to cope with the increase […]
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 […]