For those enrolled in Medicare, you will soon have the opportunity to make changes to your health and prescription drug coverage. Medicare’s Fall Open Enrollment begins on October 15 and lasts through December 7, 2024. During this time, those with … [Continue reading]
How Does the Guiding an Improved Dementia Experience (GUIDE) Model Help Dementia Patients and Caregivers?
People living with dementia often experience multiple chronic conditions, as well as high rates of hospitalization and emergency department visits, among other things. Caregivers of patients with dementia are also impacted by depression and stress … [Continue reading]
Can Caring for a Loved One Be Harmful?
I met with an adult child of a client earlier this week. When the family first came to me about a year ago, the wife had late-stage Parkinson’s and the husband had been her primary caregiver for many years. The husband was clearly experiencing the … [Continue reading]
New Dementia Resource for Caregivers Now Available
Dear Raider, I recently learned that my mother has dementia and she will be moving in with my family soon. I’m pretty new at this. Are there any helpful online resources available to assist with caring for a loved one with dementia? Thanks for … [Continue reading]
What Are the Rules for Taking Money Out of Tax-Deferred Retirement Accounts?
Many of us think of retirement as part of the natural order of things. Not long ago, this meant working until you’re about the age of 65, then living off a pension and Social Security benefits. Now, pensions have become less common, and the prospect … [Continue reading]
Top Considerations When Retiring Alone
Dear Angel, I am currently single and loving it and will be retiring in the next few years. Do you have any tips or considerations for those who are retiring solo? Thanks for your help! Alona Ghenn --- Dear Alona, You … [Continue reading]
18 Things to Do When Your Child with an Intellectual or Developmental Disability is About to Turn 18
Turning 18 is a milestone that comes with legal implications, including new rights and responsibilities. If you are the parent or guardian of an intellectually or developmentally disabled young adult, how do you guide your loved one through the … [Continue reading]
How Do You Plan for the Financial Future of a Loved One with a Disability
Dear Hayek, I am a caregiver for my adult son, who lives with a disability. What are some ways that I can help plan for his financial future? Thanks for your help! Fi Nanshul --- Dear Fi, About 61 million adults in the U.S., or 1 in … [Continue reading]
Age Gap Relationships: Ten Things to Know If You and Your Spouse Are 10 Years Apart
Alan Seidner, 82, and his wife, Carrie, 49, have been together for 26 years and married for nearly 21 of them. After splitting from his wife of three decades about a year earlier, Alan met Carrie at a work event. They knew their age difference would … [Continue reading]
Why Would a Married Couple Want Separate Trusts?
Dear Kiwi and Mango, My husband and I are ready to embark on our Estate Planning. This is the second marriage for both of us, and we aren’t sure whether to get a joint trust or separate trusts? I read somewhere that there is a benefit to separate … [Continue reading]
Safeguarding Seniors: Essential Online Safety Tips to Protect Against Scammers
Guest post by assistedlivingmagazine.com In today's digital age, the internet offers endless opportunities for seniors to connect, learn, and explore. However, it's essential for older adults to be vigilant and informed about online safety to … [Continue reading]
What Happens When You Die with No Will in Virginia, Maryland, or DC?
Over two-thirds of U.S. adults have no Last Will and Testament or Estate Plan, according to a recent Caring.com study. Dying without a Will (and without an Estate Plan that uses a Living Trust as a Will substitute to avoid probate) means that your … [Continue reading]
What to Do if Your Social Security Number Is Part of the Recent Data Breach
Dear Hayek, I heard recently that a massive data breach may have compromised the personal information of millions, or even billions, of Americans. How can I find out if my information was affected, and if so, what actions can I take? Thanks for … [Continue reading]
Tips for Healthy Family Conversations About Challenging Topics
Dear Raider, I want to talk about Estate Planning and inheritances with my family, as I believe that these are important topics. But before I do so, I want to get my family to communicate better in general. My husband brings his work home and … [Continue reading]
How Should You Discuss Trusts, Inheritances, and Stipulations with Children and Grandchildren?
Q. I will be leaving my eight grandchildren money in trusts and have certain stipulations and incentives I decided to include. I’d like to talk to them and their parents about it, but I am not sure how to broach the topic and have an effective … [Continue reading]
Why Set Up a Trust for Your Children or Grandchildren?
If you are considering transferring wealth to your children or grandchildren, a trust is usually the best method. It is almost always the best way to protect an inheritance from potential depletion due to lack of financial acumen, lawsuits, divorce, … [Continue reading]
Why Would a College Student Need a Power of Attorney?
Dear Hayek, Our son is heading to college for his sophomore year in a couple of weeks. Last year, I was worried about him adjusting socially and doing well academically. Now that I know he is happy there, has a nice group of friends, and has been … [Continue reading]
Yes, Probate Really Is That Bad!
When Sheila’s mother died with only a Last Will and Testament (Will) in place, she couldn’t fathom that she would still be knee-deep in probate a year later without an end in sight. Sheila often tells her friends and anyone who will listen that if … [Continue reading]
Simplifying Things for Your Heirs
Dear Kiwi and Mango, I am in the process of organizing my paperwork. I was thinking that I should put anything important that my children would need in one place, to make things easier if something should happen to me. Do you have any suggestions … [Continue reading]
How Care Managers Work with Care Agencies
By ElderTree Care Management Services Care managers and home care agencies often collaborate closely to provide comprehensive support for individuals who need assistance with daily living activities, especially the elderly or those with chronic … [Continue reading]
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