When Your Executor Isn’t Meeting Expectations: How to Handle Mistakes in Estate Administration
The executor of an estate plays a crucial role in managing and distributing a person’s assets after they pass away. But what happens when the executor is making mistakes or failing in their duties of estate administration? It’s a delicate and stressful situation, but one that can be addressed legally and ethically. Recognizing an Inefficient […]
Understanding the Complexities of Estate Planning
Estate planning can seem daunting with its complex terminology and numerous components. But don’t worry, our guide is here to help you navigate the basics. What exactly is estate planning? Let’s define the term to make it clearer. Estate planning refers to a process of arranging how you would like your personal assets to be […]
Safeguarding Your Future: Legal Tips for Unmarried Seniors Cohabiting
As we age, companionship and shared responsibilities become more valuable. Many seniors are choosing cohabitation over solitude for mutual support and to cut costs. However, this arrangement brings about some legal nuances that need addressing. Here, we will delve into the necessary legal steps for unmarried seniors living together. Financial Talks are Crucial Money matters […]
Pros and Cons of Adding an Adult Child to a Bank Account
Are you a senior who is contemplating adding an adult child to your bank account to help manage your finances? It may seem like an easy solution for getting assistance with bill payments, but it’s crucial to weigh the pros and cons before taking action. We are here to guide you through this decision. The […]
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 […]
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 […]
Continuing Care Retirement Communities on the Rise
Continuing care retirement communities (CCRC), sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents. These residents prefer to live in the same community, though in different phase locations, during their aging process. In essence, it is a continuum of care that will see you through […]
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 […]
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 […]