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...]
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 … [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...]
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 … [Read more...]
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 … [Read more...]
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