It’s no secret that millions of Americans are struggling with debt. Most Americans start accruing debt in early adulthood and continue to pay off and accrue more debt over the course of their lives. But what happens to all that debt if a person dies unexpectedly, or if an elderly person dies with massive debt? …
When it comes to managing your healthcare, the law makes it very clear about who can and cannot receive updates on your status, talk to medical professionals about your care, and help make critical medical decisions. These laws help protect your private information, but they also can make it difficult for your loved ones to …
The 2023 increase Community Spousal Resource Allowance (CSRA) for Single or Married to qualify for Aid and Attendance is now $150,538.00. Example if you make $2,000 a month gross income – $24,000.00 annually – You subtract $24,000 from $ 150,538.00 equals $126,538.00. This is what you can have in assets and qualify for Aid and …
Elder law focuses on the special rights, needs, and challenges that arise in the context of simply growing older and planning for possible care needs. Attorneys specializing in elder law take a holistic perspective. They acknowledge the interplay of health, family, disability, and housing, as well as emotional and financial issues. Consider a consultation for: …
Life has a way of throwing us curveballs. The unexpected death of a spouse—or a divorce—can certainly wreak havoc on your emotions. It can also throw a wrench in your finances. If you are age 62 or older, here are some Social Security basics to bear in mind as you regain your financial footing or …
What happens to your business or work when you get the call Mom or Dad is at the hospital? Are you ready? What are important documents you need before you go racing to the hospital. What happens to your own business and how long will you be absent? Not earning income. First, breath when you get the call …
Our aging population is growing at such a rate that our systems will not be able to handle this influx. We hear from the adult children that “They never saw this coming”, when the disaster strikes their parents. “They are independent and I didn’t think it was our business to get involved.” Then, when the parent(s) …
As a Geriatric Care Manager, I have had the privilege of having first-hand conversations with many seniors and their family members. I know the issues that are top of mind for seniors and I know the recurring questions about options available to them as they age and experience health issues. One question in particular that …
Growing older doesn’t have to mean living alone. Many aging seniors fear the day when they must consider selling their home and property and moving into a sterile environment. Some express fear that they will be ignored, while others fear they will lose their independence. And some express fear of moving to a “senior community” …
So many people, middle-aged and senior, don’t understand that having a care plan in place before you need it can save a lot of time, money, and heartache. If you don’t have the conversation with your aging parents or members of your care team now, you will cause yourself and your aging parents undue stress …
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