Wellness and affordable solutions are at the core of a new era of senior consumption. Improving and maintaining greater physical and mental health lifestyles through proactive and preventative measures is increasing. For seniors to thrive and flourish in retirement, technology…
There are astronomical costs associated with nursing home care if you become seriously ill or injured. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if…
Adults with developmental disabilities who are unable to make important decisions or care for themselves in adulthood are usually placed in the care of a guardian or conservator. Establishing a legal guardian is the job of the court, which appoints…
There is nothing more American than owning a home. Homeownership is a valuable and significant possession that most people work hard for all their lives. So when health begins to fail and the need for long-term care arises, we often…
Wills and trusts are usually associated with estate planning and passing assets to future generations. However, there is another part of estate planning that doesn’t get as much attention. It concerns advance health care planning. Have you thought about what…
An annuity is a financial product that pays a fixed amount of money every year throughout the life of the annuitant. Most annuities are deferred, meaning the payout doesn’t occur until a later date. However, you can receive immediate payouts…
Almost everyone will require long-term care at some point during their lives, so it is important to plan ahead. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and…
Medicaid and inheritances can both be subject to mistakes and these can be expensive. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize expensive…
You might wonder what estate planning and elder law entail and how they differ as you plan for your future, both financially and health-wise. Estate planning and elder law also have some similarities. Even though these two types of law…
We live in a dangerous world. It is a big responsibility to care for another person, and even when things are going well, it can be stressful. A crisis, such as illness, trauma, natural disaster, or any other unexpected adverse…