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; however, there are some misconceptions when it comes to Revocable Living Trusts and what they protect […]
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 accounted for 14% of the federal budget; Medicare also played a major role in the health care system, […]
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 rise to 135 million, impacting healthcare costs and millions of seniors, families, and caregivers around the world. However, great strides […]
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 pocket, home care services on average would consume 84% of the […]
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 see them. My friends and neighbors call me Mr. […]
Nine Things NOT to Say to a Parent of a Special Needs Child
Q. Recently, my friend Anna called and informed me that her 6-year-old son, Jeremy, was diagnosed with an autism spectrum disorder (ASD). She told me about some of his symptoms, including temper tantrums, outbursts, and the challenges he faces socially and academically. Since I had never experienced it, I honestly didn’t know how to react […]
Better Care Coordination Will Save Tax Payers Billions
After experiencing discomfort, 75-year-old Stan visited his doctor and was ultimately rushed to the hospital and into surgery to remove a blockage from his large intestine. After a short time, he was transferred to a nearby rehabilitation facility for short-term rehabilitation covered by Medicare. During the first week of his stay, he developed a urinary […]
Intergenerational Care and the Magic of Girl Scout Cookies
Q. Five years ago my friend Jennifer, who is 91, met ten-year-old Emma when Emma was selling Girl Scout Cookies door-to-door. Emma never knew her own grandparents, and Jennifer’s family lives 1,000 miles away. They had the most remarkable conversation about art and ballet that day, all while sharing a box of Thin Mints. Ever […]
Honoring Our Veterans: An Underused Benefit
Memorial Day is a U.S. federal holiday where we take time to remember the men and women who died while serving in the United States military. The holiday, which is celebrated every year on the final Monday of May, was formerly known as “Decoration Day” and originated after the American Civil War. On Memorial Day […]
Non-Traditional Living Options for Seniors
Senior living has come a long way. Many Americans assume that when they grew old and frail, they will have go to an assisted-living facility or a nursing home. But this is not always the case. According to an AARP study, 88% of Americans age 65 and older would prefer to stay in their residence […]
The Five Biggest Estate Planning Mistakes
Q. I recently retired after 35 years as a federal employee. I funded my retirement plan, paid off my home, and amassed enough savings to cover future expenses and hopefully leave a financial legacy to my loved ones. When it comes to estate planning, I want to make sure I do it right. What are […]
Casey Kasem’s Daughter Was Granted Conservatorship, But Where is Casey?
When we think of legal guardianship or conservatorship, several scenarios typically come to mind: an elderly parent with dementia; an adult who has been severely injured and can no longer take care of himself; and, increasingly, young adults who are making unsafe, dangerous, or destructive decisions. Today, we will discuss Casey Kasem, an ailing former radio personality whose wife and children […]
Yellow Dot on Car Can Save Your Life
Q. My wife, Joanne, was recently in a car accident. Luckily, it wasn’t serious. What would happen if one of us were in a serious car accident? How would the emergency personnel know that she is diabetic and that I have Parkinson’s Disease? What if we are hurt or shaken up and cannot communicate with […]
Challenges Faced by the Aging LGBT Community
The Administration on Aging estimates that there are between 1.75 million and 4 million Americans over the age of 60 who are LGBT. Although many LGBT seniors are satisfied with their lives, there are still many who remain closeted despite the recent societal advances our country has made in accepting this community. These aging members […]
Amazing Stories of Animal Therapy for Alzheimer’s Patients
As Lisa Abeyta’s father’s Alzheimer’s is progressing, his ability to communicate and cope with unfamiliar surroundings and noises is diminishing. Noises of laughter and happy conversation that used to make him smile now cause him distress. Despite these disturbing changes, one thing is positive and encouraging—his ability to communicate with Lisa’s dog, Roscoe. When Lisa’s father visits her home, Roscoe immediately greets him at the door. Until recently, Lisa didn’t realize that Roscoe has an incredible ability to give voice to her father, who has lost most of his verbal communication skills. She is simply amazed […]
Bunny Therapy Brings Relaxation to Seniors
May is National Pet Month, a celebration of the benefits that pets bring to people’s lives and vice versa. It is an ideal time to celebrate the health benefits of animals for seniors, which can include relaxation, socialization, companionship, and even lower levels of blood pressure and cholesterol. We hear a lot about assisted living facilities and nursing homes […]
Caregiving Spouses Often Don’t Seek Help
There are more than 42 million unpaid family caregivers in the United States, including spouses, adult children, and others. A recent report, issued by the United Hospital Fund and the AARP Public Policy Institute, focuses on spousal caregivers. The report reveals how spousal caregivers desire to take care of ALL of a spouse’s needs, and […]
Kenny Chesney Brings Music to Those with Alzheimer’s
Music has been found to connect people with Alzheimer’s to memories, enabling them to open up to loved ones and even enhancing their quality of life. Sometimes, the response is immediate and shocking. In fact, according to Geri Hall, a clinical nurse specialist at the Banner Alzheimer’s Institute, “music activates a part of the brain that stays active despite the dementia, calming those who are distressed, […]
Washington Post’s Michelle Singletary’s Impassioned Plea
Michelle Singletary, who writes a financial column for the Washington Post, often shares personal stories to spare others from making financial mistakes. In a recent column and interview on WBUR, she wrote about the importance of estate planning, and emphasized the need to “take action today.” In the article, Ms. Singletary described how her mother […]
Before You Choose a Nursing Home . . .
Q. I recently read a sad article in the Washington Post about an Alexandria woman named Anne Bailey Farr (not sure if she is a relative of yours?), who is facing charges in connection with the death of her 98-year-old mother, who was found by police on her bedroom floor. When questioned, Farr stated that […]
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