Pam White and her son, Banker, by Marian Williams Steele. Many people fear that Alzheimer's disease in the family may be passed on to children and grandchildren. According to the Alzheimer’s Association, research has shown that those who have a … [Continue reading]
Sandwich Generation: How to Survive Financially
Q. My husband and I are in our mid 40s and caught between raising our 10 and 14 year old children, working full-time, and caring for my father, who has Parkinson’s. We are particularly concerned about saving for college for our children and for our … [Continue reading]
Caring for Caregivers
Taking care of an older or ill family member can be enormously rewarding — but it can be physically and emotionally draining. And with the number of Americans age 65-plus projected to double by 2030, caregiving demands will only increase. Studies … [Continue reading]
Robin Williams: A Life Well-Lived and an Estate Well-Planned
Q. I read your special report on “Estate Planning Mistakes of Celebrities,” demonstrating why probate is such a nightmare and lessons that can be learned from the costly mistakes of celebrities. I appreciate all the advice on “what not to do” when … [Continue reading]
“Ice Buckets” for Veterans
Veterans Twice as Likely to get ALS Joseph, a military veteran, noticed that he was experiencing tingling and numbness in his limbs. It didn’t take long before it progressed to difficulty walking, poor hand coordination, stumbling, and an … [Continue reading]
“Hide” is a Four-Letter Word
Q. I read in USA Today about an 83-year-old man who hid $1.1 million in offshore accounts to avoid paying taxes. I have also read about others who attempt to hide their assets to qualify for Medicaid, as a way to pay for long-term care. Isn’t it … [Continue reading]
Helping Seniors and Veterans from Going Hungry
After working for decades and raising four children without government assistance, Carol found herself asking for help feeding herself and her husband, Richard. Faced with health problems that prevent them from working, Carol and Richard struggle to … [Continue reading]
Evan Farr is Named to the 2015 Best Lawyers List
FOR IMMEDIATE RELEASE Evan Farr, Principal Attorney at Farr Law Firm, P.C. is Selected for Inclusion in 2015 Best Lawyers in America and 2015 Washington D.C.’s Best Lawyers Fairfax, VA – August 18, 2014 – Certified Elder Law Attorney Evan … [Continue reading]
Overcoming Loneliness and Depression
Rest in Peace Robin Williams Q. I was absolutely devastated to hear about Comedian Robin Williams' suicide. My family is still in shock. I have an uncle who has suffered bouts of depression over the years, and I worry about him frequently, … [Continue reading]
New Technology to Age-in-Place
Currently, there are 75 million baby boomers (those born between 1946 and 1964). And, according to AARP research, more than 80% of them want to age-in-place as they get older. But how can they do so if they need family members—who most often don’t … [Continue reading]
New Reverse Mortgage Rules are in Effect this Week
Q. My husband, Rick, and I are considering moving after a stroke limited his mobility, because our home is not completely accessible for him. However, our house is in good repair, completely paid off, and in close proximity to our children and … [Continue reading]
Common Misconceptions about Revocable Trusts
Recently, CNBC posted an article on their Website about the benefits of trusts, entitled “Heir Tight: The Do’s and Don'ts of Creating Rock-Solid Trusts.” The article provides some very good information about why most people should have a trust; … [Continue reading]
Is Social Security Going Bankrupt?
Q. In your last newsletter, you discussed the 2014 Trustees Report and the status of Medicare. You only briefly touched upon Social Security. Are there any additional details you can share about Social Security, since the Trustees report covered it … [Continue reading]
The Status of Medicare on it’s 49th Birthday
Medicare, the federal health insurance program for 53 million people ages 65 and better and those with permanent disabilities, helps to pay for hospital and physician visits, prescription drugs, and other services. Last year, spending on Medicare … [Continue reading]
Financial Security for a Special Needs Child
Q. Our 11-year-old son, Nathan, has autism and will likely need care for the rest of his life. This has put quite an emotional and financial strain on my husband and me. My parents, who are wealthy, are willing to help, but we've heard it's not a … [Continue reading]
Is Alzheimer’s in Your Future?
An estimated 44 million people live with Alzheimer's disease worldwide, and the global economic costs total $604 billion, according to Alzheimer’s Disease International. It is estimated that by 2050, the number of people living with Alzheimer's could … [Continue reading]
Will You Go Broke Paying for Long-Term Care?
The costs of long-term care — whether at home, in assisted living, or in a nursing home — vary widely in the US. However,according to NPR, there isn’t one state where long-term care is affordable for middle-class families. In fact, if paid out of … [Continue reading]
Don’t Wait to Make Critical Decisions
Anyone who knew Hal five years ago, when he was 66, would describe him as sharp, clever, and quick-witted. He had a knack for trivia and always answered more questions on Jeopardy than anyone else in the room. He always handled the bills, and made … [Continue reading]
Can Being Cynical Cause Dementia?
Q. I am in my mid 60’s and I admit that I am generally quite negative-thinking and cynical. I have constant nagging back pain even though the doctors say there’s nothing wrong with my back. My grandchildren live 1,000 miles away and I never get to … [Continue reading]
The First Ladies of Caregiving
Former First Ladies Hillary Clinton, Nancy Reagan, Laura Bush, and Rosalynn Carter have helped care for our nation and have all been caregivers for family members. Their experience and understanding in their roles as caregivers has helped make them … [Continue reading]
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