By restructuring your assets, you may be able to qualify for Medicaid nursing home benefits. Read these tips for protecting your assets from nursing home costs.
Did you know that almost 70 percent of seniors will need long-term care assistance at some point in his or her life? Illnesses, disabilities, or a severe cognitive impairment, like dementia, often keeps people from living independently. Because of this, many seniors need help with basic self-care tasks.
Are you looking to secure a stable financial future for your loved ones? An elder law attorney can help take the mystery out of wills and estate planning.
Planning for your family's financial future and security is important in today's world. Too often, we hear about the loss of a colleague or friend from an accident or sudden illness. Without a will in place, a family can be left without knowing the final wishes of a loved one. With a will, you have increased peace of mind from knowing that you have created a plan to protect and provide for your family.
Why is estate planning so important? Even if you have a small estate, estate planning allows money and property to be distributed according to your final wishes.
Your assets include any real estate you own, bank accounts, stocks, bonds, personal property, and retirement accounts; and bank accounts. What happens to your assets when you pass away? You may think that these items automatically stay with your family. Unfortunately, this is not always the case. If you die without a valid will in place, the state may divvy up your assets according to local laws.
When looking for a senior housing, it’s important to determine what is most important to you or your loved one. Here are some tips for finding the right senior living community.
Respecting an elder who has dementia may be a challenge as memory, judgment, and abilities deteriorate. However, this is when he or she needs your respect and patience the most.
As you age, it’s important to make sure that you are clear about your preferences for treatment or care should you become incapacitated. Consider tips on how to plan for end of life care.
When it comes to planning for end of life care, many seniors think they have done all the preparation they can. But sometimes a glimpse at the headlines reveals that even the best prepared seniors can end up at the center of a family argument.
Finding affordable senior housing in major cities across America may be one of the biggest challenges facing the elderly and their loved ones.
Home health aides often take care of aging parents and spouses who need extra help. Here are some questions to ask when hiring in home care.
As the United States ages and people live longer, the need for home care is on the rise. While many aging seniors receive care from unpaid family members, the need for home health aides will increase.
