When leaving your property to your children, the clearest choice is to divide everything into equal shares. That is the straightforward choice when all your children are doing equally well. But if not – if, for example, your son is a starving artist with mouths to feed and your childless daughter has made millions on…
DetailsAn important decision that should not be taken lightly, is choosing a nursing home for a loved one. It is important for families to take the time to explore nursing home options and to carefully assess the nursing home facilities in order to choose the best care for the loved one. Below are some steps…
DetailsMany people understand that they can receive health care benefits through Medicare starting at age 65 by paying into Social Security throughout their careers. Individuals under age 65 who qualify to receive Social Security Disability benefits are also covered under Medicare, as well as anyone of any age who has Lou Gehrigs disease, known as…
DetailsMost of the time, 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 that a child who is more financially successful than the others and…
DetailsThere are many different options of home health care services available from daily household tasks to medical care. Before identifying a health care service for information, get a clear idea of what you are in the market for, be it recovery from surgery or long-term care for a chronic illness. The first step is to…
DetailsAn annual Care.com’s estate planning survey for 2019 found that 57% of U.S. adults do not have a Last Will & Testament (a “Will”). The survey found that participants were more likely or less likely to have a Will depending on issues such as age, race, and education. For example, when broken down generationally, 66% of…
DetailsElder abuse manifests itself in many different ways and may present itself in older adults’ lives concurrently. Sadly, elder abuse events are significantly underreported. The National Council on Aging reports that estimates range as high as five million older adults experience abuse every year or about one in ten. A study by The National Institutes…
DetailsIf you are a part of the millennial generation or younger, there is a steady path you can pick that can over time make you a self-made millionaire. It does not require a unique set of skills, specialized knowledge, or even excessive risks. Americans who achieve millionaire and multi-millionaire status using this technique took an…
DetailsOne cannot overstate the importance of family presence in a senior’s life. Family creates a consistent social network and connection that directly impacts the senior’s overall quality of life. Prioritizing family relationships provides continuity as a senior experiences change in their social network. Friends may change, become ill and unavailable, or even pass away, but…
DetailsSomeone who is 65 today, will have a 70 percent chance of requiring some long-term care (LTC) service and support during the remainder of their life according to the U.S. Department of Health and Human Services. In the case of women, the typical LTC need will last about 3.7 years compared to men who will…
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