In February 2021, Evan Farr co-led Positive Aging Sourcebook’s “Meet the Elder Law Attorneys - Monthly Discussion Series.” Click below to view a recording of the dynamic discussion. https://youtu.be/hmgq4mTOGm8 … [Continue reading]
Is the New Netflix Movie “I Care A Lot” Realistic About Guardianship?
Q. I just watched “I Care A Lot” on Netflix and it was certainly eye-opening. In the story, a shady legal guardian, Marla Grayson, abuses the system by targeting wards that don’t really need her, places them in care facilities, and then assumes … [Continue reading]
Celebrating Senior Nutrition Month – Eating Healthy on a Budget
Dear Angel, I just read somewhere that March is National Senior Nutrition Month. I have gained 15 lbs during the COVID-19 pandemic from sitting in my house and doing way too much eating. I want to get healthy, but I don’t know where to start. Do you … [Continue reading]
Part 2: What’s Next for Senior Tech? — Tools that are Transforming the Care and Well-being of Seniors
Technology has changed everyone’s lives and continues to do so every day. In many ways, seniors have some of the greatest needs of anyone in our society and, as such, may have the most potential to be helped by technological innovations now and in … [Continue reading]
How Can ABLE Accounts and Special Needs Trusts Work Together?
Q. Our son, Joey, has Down’s Syndrome. We decided it was a good idea to plan in advance for him for when we can no longer care for him ourselves. We have been researching our options and found information on Special Needs Trusts and ABLE Accounts. Do … [Continue reading]
Caregivers May be Eligible for COVID Vaccine
Dear Hayek, I am a caregiver for my mother and my two special needs children (one has an intellectual disability and the other has autism). In my role, I feel it is really important to get the COVID vaccine. Is there any way to get myself on a list … [Continue reading]
What’s Next for Senior Tech? — Tools that are Transforming the Care and Well-being of Seniors in 2021 (Part 1)
Technology adoption among seniors is growing, and there are no signs of it slowing down. Older adults are using smartphones, wearables, voice-powered home assistants, and other smart home technologies with almost the same vigor as younger people, … [Continue reading]
Does my Life Estate Qualify for Real Estate Tax Relief? Links for all County and City Tax Relief Applications.
Q. My mom has owned her home for over 20 years. Last year she came to your firm and did an irrevocable Medicaid Asset Protection Trust. Your firm deeded her house into the trust but had her keep a life estate in the house. She now wants to apply for … [Continue reading]
What Tax Changes Should I Be Aware of Before I File?
Dear Oakley, I’m getting ready to file my taxes for 2020. I know that last year was different than most years in many ways, including getting stimulus checks from the government. Is there anything I should know before I file my … [Continue reading]
Where Will You Age? Planning to Live Independently
Jonas became a widower a couple of years ago. Before his wife died, they lived in their Springfield home for 40 years. Jonas considered downsizing, but decided to stay for as long as possible. There are too many memories there to just pick up and … [Continue reading]
How is Income in Irrevocable Grantor Trusts Taxed?
Q. My mother set up an irrevocable grantor trust with your firm as part of her estate planning. Can you explain more to me about what that means? She also asked me to inquire about how the trust’s income is taxed and what forms she should use to … [Continue reading]
The Best Way to Show Your Loved Ones That You Care This Valentine’s Day
Dear Angel, On Valentine’s Day, most people buy chocolates, flowers, or jewelry, and go out for a fancy dinner or get carryout these days. As a recent widow (my husband passed away two years ago), I don’t have a special someone to share such … [Continue reading]
Are Dementia and Dizziness Related?
Joe, who is 56, has experienced dizziness for a few months now, typically when he gets out of bed in the morning. His dizziness has gotten worse lately. He fell a few times and nearly got into a car accident last week. Also, sometimes he … [Continue reading]
What Do Different Generations Care Most About in Their Estate Planning?
Q. My daughter, Abby, is 30 and newly married. Similar to many of her friends, Abby and her husband decided to do their estate planning because the coronavirus got them thinking about their mortality. It got me and my husband, who are baby boomers, … [Continue reading]
What Does a Taking a “Holistic” Approach to Estate Planning Mean?
Dear Hayek, In sitting down with my husband to discuss our estate planning, I’m realizing that planning our legacy can be a complicated process. Navigating how to pass on financial assets, real estate, and personal possessions is … [Continue reading]
Seniors are Facing Barriers Trying to Get the COVID-19 Vaccine. What to Do.
Janet needs to get the coronavirus vaccine. She is 74 and has chronic obstructive pulmonary disease. She leaves the house rarely, only to pick up her medicines in the pharmacy drive-thru. She has caregivers coming in to help her that may have been … [Continue reading]
Some Major Changes are Coming to Social Security this Year
Q. I read that the retirement age for Social Security purposes is set to increase by two months each year until it hits 67? I heard this is one of many significant changes to Social Security this year. What other major changes can we expect in 2021? … [Continue reading]
Money- Saving Medicare Tips for 2021
Dear Oakley, Some Medicare costs have increased for 2021, including the premiums and deductibles for Parts A and B. My wife and I are wondering if you know of any ways that we may be able to trim our expenditures when it comes to Medicare and … [Continue reading]
Elizabeth is Missing — Can Her Friend with Alzheimer’s Find Her?
Many films and documentaries have been made about Alzheimer’s and dementia. But, very few have gotten the critical acclaim of Elizabeth is Missing, a PBS film that was released earlier this month. Based on the bestselling novel of the same name by … [Continue reading]
How Can I Keep My Brain as Sharp as Possible?
Q. The pandemic has been stressful for us all. My husband and I are staying in most of the time and having groceries and other items delivered to our home. We used to stay active and interact with people all the time at gatherings and at the local … [Continue reading]
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