The Older Americans Act (OAA), enacted in 1965, was designed to provide services and funding in every state to support the dignity and welfare of seniors age 60 or older. These services focus on improving the lives of older people … [Read more...]
Guardianship Revisited: a Serial 911-Caller and a Bigamist
A “guardian” of an adult is a person appointed by the court who is responsible for the personal affairs of an incapacitated adult, including responsibility for making decisions regarding the adult’s support, care, health, safety, … [Read more...]
LGBT Seniors Find Challenges in Assisted Living and Skilled Nursing Facilities
Marlene, 81, and Charlotte, 77, have been together for 43 years. If one or both of them needs long-term care in the future, their first choice would be getting private in-home care by Marlene’s sister, Vera, but they realize that … [Read more...]
Ask the Expert: Can I really save $11,000 annually if my planning is done earlier?
Q. Recently, my family had a reunion. Since I have six brothers and sisters, it was a huge event that included many relatives that I hadn't seen in years. At dinner, my distant cousin Marty who is a few years older than me and … [Read more...]
Speaking Two or More Languages May Delay Dementia Symptoms
Edith is bilingual and speaks English and Spanish fluently. This has been helpful throughout her life, in her career, and in her travels. She was recently diagnosed with early onset dementia.What she didn’t know until now is that … [Read more...]
November Is National Family Caregivers Month
There are as many as 90 million family caregivers in the U.S. today, and their contribution is thought to be equivalent to $450 billion in caregiving services every year. This number is steadily increasing, as more Americans are … [Read more...]
The End-Of-Life Conversation: What if it NEVER happens?
Greta was very close with her in-laws, and often referred to them as “the parents she never really had.” When her father-in-law, Chuck, started to show signs of dementia, she stepped in immediately to help. For as long as Greta … [Read more...]
Major Carriers of Long-Term Care Insurance are Exiting the Market
According to a recent report by the Office of the Assistant Secretary for Planning and Evaluation (ASPE) and the U.S. Department of Health and Human Services (HHS), changes in the Long-Term Care (LTC) insurance market, including … [Read more...]
Ask the Expert: Gifting and the New Gift and Estate Tax Exclusion Numbers
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 … [Read more...]
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 … [Read more...]
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