Successful, healthy aging is dependent on connections to those around us. The opportunities for people to laugh, move, and learn together is fundamental to aging success. Enter the coronavirus pandemic to change all of that. Now aging Americans must stay…
A joint federal and state program, Medicaid is available to eligible individuals who meet particular asset requirements that help them pay for long-term care (LTC) costs. Long-term care often causes devastating financial impacts for Americans, particularly the elderly, and for…
You may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated,…
Dementia, in particular, the prevalence of Alzheimer's Disease in the American population, is creating difficult caregiving experiences for the family members who are primarily responsible for providing care. Even though you understand your loved one's dementia behaviors are a symptom…
Most parents choose to treat their children equally when it comes to inheriting property or money. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be…
When the onset of dementia begins to diminish brain function, it can lead to the destruction of your financial well-being. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings…
Retirement allows a freedom of lifestyle at a later age only if one’s money is well-managed at a younger age. Sadly, reports say that less than 5 percent of Americans will be financially free by the age of 65. Changes…
Relationship challenges are easily triggered when one spouse is caring for the other, especially when seriously ill. In the process of change, you can lose your best friend, your love, and your future as you both had imagined it. Promises…
In order to legally lay out your life-sustaining medical preferences, you must have a living will. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are…
Let’s pretend your spouse is living in a long-term-care facility due to a disabling health issue, like Parkinson’s. Your spouse is currently receiving Medicaid benefits to pay for the high cost of that care. If you were to pass before…