10 Ways the Elderly Can Avoid Financial Abuse
Increased dependency due to illness, disability, or cognitive impairments can make seniors susceptible to financial abuse. Nest eggs accumulated over decades also often make seniors attractive targets for financial predators, whether the predator is a bogus offshore sweepstake or a care provider who sees an opportunity to be paid more than an hourly wage. Just […]
Biden Administration Eases Recommended Restrictions on Nursing Home Visits
The Centers for Medicare and Medicaid Services (CMS) has issued new guidance on whether families can visit loved ones in nursing homes. The guidance allows indoor visitation even when the resident has not been vaccinated. The coronavirus pandemic has hit long-term care facilities particularly hard, with more than 170,000 residents and employees dying of COVID-19. Most […]
May Someone With Dementia Sign a Will?
What does testamentary capacity have to do with the validity of a will?
States Move to Immunize Nursing Homes from Liability During Coronavirus Pandemic
Immunity for nursing homes during the Coronavirus Pandemic?
Immigration Policies Cause Upheaval in the Home Care Industry for Patients and Workers
As the population ages, the need for caregivers is growing, but more restrictive immigration policies such as those being promoted by the Trump administration could have a negative impact on a caregiving industry that is already facing workforce shortages. The impact of this crisis in Maine came with the recent announcement that Home Care for Maine in Farmingdale […]
You Have Been Appointed the Guardian of an Older Adult; Now What?
If an adult becomes mentally incapacitated and is incapable of making responsible decisions, the court will appoint a substitute decision maker, often called a “guardian,” but in some states called a “conservator” or another term. Guardianship is a legal relationship between a competent adult (the “guardian”) and a person who because of incapacity is no […]
Is a Pre Paid Funeral Plan Right for You?
As we get older, and perhaps have to plan a funeral for a loved one ourselves, many people are thinking far ahead and planning and pre-paying for their own funerals. If you have had to go through the process of planning a funeral for a loved one that has passed, you know how difficult it […]
Are You a Grandparent Raising Your Grandchildren? You May Qualify for the Earned Income Tax Credit.
There has been an uptick in the instances of grandparents raising their grandchildren. According to an article by AARP and Dr. Andrew Adesman, MD, “A large and increasing number of mothers and fathers aren’t able to meet the responsibilities of parenthood, prompting their own parents to take on the primary caregiver role for their grandchildren.” […]
The Planning Documents Recommended for Execution After Receiving an Alzheimer's Diagnosis
You or a loved one have recently received a diagnosis of Alzheimer’s. That in and of itself is a lot to comprehend. While it is healthy to take some time to digest what that means, you shouldn’t wait long before thinking about what the next steps are that you should consider. Even if the person […]
Beyond Generous, Creating a Trust for Gifts to Your Grandchildren is Financially Smart
The financial stability to leave our grandchildren an inheritance is something we all aspire to be able to do. We want our loved ones to have something to remember us by and leaving a sum of money is a common choice. Setting up a trust is often overlooked in the planning process. There are tax […]
