There may come a time when your parent is no longer safe living at home due to physical or emotional/social concerns. Instead of moving Mom or Dad to an assisted living or nursing home, in-home care can provide a solution that makes everyone happy— your parent can stay at home in Continue reading
Category: Healthcare Planning
The Costs of Dementia: For the Patient and the Family
A recent report from the Alzheimer’s Association states that one in nine Americans age 65 or older currently have Alzheimer’s. With the baby boomer generation aging and people living longer, that number may nearly triple by 2050. Alzheimer’s, of course, is just one cause of dementia—mini-strokes Continue reading
What Will 2017 Bring to Seniors and Persons with Disabilities?
Donald Trump’s election and Republican majorities in both houses of Congress surprised much of the nation. With control of legislative and executive branches of government, the expectation is Republicans will finally be able to push through long-awaited legislation, as well as follow Continue reading
Estate Planning for Unmarried Couples
For unmarried couples, estate planning is indispensable
When married couples neglect to prepare an estate plan, state intestacy law provides one for them. It may not be the plan they would have designed, but at least it offers some measure of financial security for a surviving spouse. Continue reading
The Future of Long Term Care and How to Finance It
Long-term care is becoming an important issue for our nation to address. We have 78 million aging baby boomers. The costs of long-term care to these baby boomers can be catastrophic and few people have sufficient resources to pay for needed long-term care.
In an effort to deal with Continue reading
Underestimating the Risk of Disability
No one likes to think about the possibility of their own disability or the disability of a loved one. However, as the statistics below demonstrate, we should all plan for at least a temporary disability. This newsletter examines the eye-opening statistics surrounding disability and Continue reading
Hurst-Euless-Bedford Elder Lawyer Perspective: Legal Concerns for Caregivers
Many times, this means adult children who have been given power of attorney, as well as other loved ones who pitch in to help when something is needed.
These caregivers often spend so much time with the senior, they are privy to unpleasant situations such as family fighting or elderly Continue reading
Update in Special Needs Planning
The special needs community and its advocates are making headway as of late. Last month, the IRS proposed regulations for the new state-sponsored ABLE accounts. In addition, the Special Needs Trust Fairness Act was reintroduced to Congress earlier this year and appears to be making Continue reading
Government Benefits: Why it’s Buyer Beware
If you are a veteran or if you have one in your family, you may be shocked to know that a Government Accounting Office Report to Congress in August of 2013 revealed the following about some who make themselves out to be “advisors” to veterans seeking benefits:
- VA procedures do not Continue reading
National Estate Planning Week 2014: Building a Family Legacy
If you have children, what kind of legacy are you leaving for them? Many parents tend to think of life insurance policies, bank accounts and the inheritance they are working so hard to leave behind someday for their kids.
But the most valuable legacy you can leave for your children Continue reading
