Q. My son, Eric, recently got married to Jennifer, and my mother, Olivia, would like to give them a gift of $10,000 for their nest egg. She also has a history of giving small monthly gifts to the animal shelter. If my mother requires nursing home … [Continue reading]
Social Security Recipients to Get 1.5% More in 2014
Nearly 63 million Americans receive either Social Security or Supplemental Security Income (SSI) benefits. In 2014, these recipients will see their benefits rise 1.5%, thanks to annual cost-of-living (COLA) adjustments. Beginning in … [Continue reading]
New Guides Available for Financial Caregivers
There may come a time when a loved one entrusts you with his or her financial business, by way of a Power of Attorney, designating you as his or her agent (also called attorney-in-fact). As an agent, your role is to manage your loved one’s legal and … [Continue reading]
November is Long-Term Care Awareness Month: A Time to Plan Ahead
November is Long-Term Care Awareness Month, a time for families to educate themselves and prepare for potential long-term care needs. Planning ahead for long-term care better prepares families to live well in their later years. Below are some facts … [Continue reading]
Estate Planning Mistakes: Widower’s Home is Now Owned by his Stepchildren
In 1982, William Irish married Janet Warnshuis, a widow who had 3 children from her prior marriage. In 1987, the couple purchased a home together in Corry, Pennsylvania. Both William and Janet contributed towards the purchase price of the home and … [Continue reading]
Now this is SCARY- Filial Responsibility Part 2
Ruth and Earl Linderkamp, parents of Dawn Herrmann and Elden, Louis, Carl, Gene, and Dennis Linderkamp, resided in Four Seasons Healthcare, a nursing home in Forman, ND from 2006 until they died in 2009 and 2010, respectively. In August 2006, two … [Continue reading]
Studies Show Family Caregivers (of Non-Dementia Patients) Find Role Rewarding and Potentially Life Extending
Michelle’s in-laws helped care for her children for ten years. Two years ago, her father-in-law, Steve, passed away and her mother-in-law, Elizabeth, was left alone and her health was deteriorating. Michelle, who is an RN, decided it was time to give … [Continue reading]
Ask the Expert: Staying Eligible for Medicaid after the Death of a Spouse
Q. My mother, Rose, is a Medicaid recipient who has been in a nursing home for the past eight months due to Alzheimer’s. My father, William, has been living in the home where he and my mother lived for over 25 years in Fredericksburg, Virginia. They … [Continue reading]
Many Americans Don’t Ever Expect to Retire
When it comes to retirement, many Americans expect that they will never be able to afford to retire fully. In fact, a new Wells Fargo study cited in USA today found that 37% of people expect to work until they are too sick or die, despite the world … [Continue reading]
Learn New Skills to Keep Your Memory Sharp
Mary, who is 65, listens to classical music every day and does Sudoku and crossword puzzles. She is familiar with these things and hopes they will help to keep her mind sharp as she gets older. While these activities are certainly enjoyable for Mary, … [Continue reading]
Why You Shouldn’t Put Off Long-Term Care Planning
Most people will need some kind of help with the activities of daily living, such as dressing, bathing, or moving around, in their lifetime. The need for such help can result from a natural decline of hearing, eyesight, strength, balance, and … [Continue reading]
Tip-of-the-tongue Moments Don’t Necessarily Signify Dementia
Jane is in her 60’s and has been having many “stuck on the tip of your tongue” moments with names and faces lately. She used to be really good with recalling these things and sometimes worries she is beginning to experience early signs of … [Continue reading]
Long-term Care Residents’ Rights Month- “Speak Out Against Elder Abuse”
This month, residents of nursing homes and other long- term care facilities, along with family members, facility staff, and others are honoring the rights of long-term care residents by celebrating Long-Term Care (LTC) Residents’ Rights Month. The … [Continue reading]
Medicare Open Enrollment Period is Now Open
Medicare Open Enrollment began yesterday and will last until December 7, 2013. During this six-week period, Medicare beneficiaries have the option to make any changes to their plan that will take effect on January 1st, 2014. View a CMS video about … [Continue reading]
When it is Time to Take the Car Keys Away: The Advance Driving Directive
It is often difficult to talk to an elderly family member about giving up his or her car keys — especially if the older person doesn’t agree that continuing to drive will be risky. Often, families are making the tough choice between safety and … [Continue reading]
Coping with the Alzheimer’s Diagnosis
Every 68 seconds there is another person diagnosed with Alzheimer’s disease in the United States. Since there is no single definitive medical test for identifying Alzheimer’s disease, arriving at the correct diagnosis can take time and patience. To … [Continue reading]
Ask the Expert: How Can I Update A Will I Established 10 Years Ago?
Q. How can I update the Will that I established when I was in the military approximately 10 years ago? Asked on AVVO by a resident of Springfield, VA A. Just as a car needs regular maintenance, your estate planning documents need to be … [Continue reading]
Down Syndrome- Planning for You Loved One’s Future
This month, we celebrate National Special Needs Law and Down Syndrome Awareness months. One in 691 children are born with Down Syndrome and there are more than 400,000 people currently living with the condition in the U.S. Although the genetic … [Continue reading]
Should I Give My Home To My Children?
Planning for your family's immediate and long term future is something most parents think about. Because your home is likely the largest purchase you will make during your lifetime, deciding what to do with it is among the most important decisions … [Continue reading]
New Technology Protects Older Loved Ones from Falls
One in three older Americans falls every year, making falls the leading cause of both fatal and nonfatal injuries for people age 65 or older. Falls can result in hip fractures, broken bones, and head injuries and significant loss of independence. … [Continue reading]
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