Q. My mother-in-law has dementia and lives at home with a caregiver to assist her with activities of daily living. Before she was diagnosed, she loved Halloween, especially all the decorations, seeing the grandchildren dressed up … [Read more...]
Caution: Our Top 10 SCARIEST Articles
With Halloween upon us, it is time to present you, our dear readers, with this year's scariest & creepiest stories. From the nightmare of probate to court cases involving filial responsibility, we uncovered some scary … [Read more...]
NASA SmartWatch, Implanted Health Devices, and Other New Technology for Seniors
Is Grandpa going gadget-crazy? Not quite yet, but we are getting there. According to a recent Pew Research survey, the number of older adults using the internet and related tech devices is increasing, with 59% of seniors reporting … [Read more...]
Filial Responsibility: Elderly Couple May Be Responsible For Son’s Medical Bills
Filial responsibility laws obligate adult children to pay for their indigent parents’ food, clothing, shelter and medical needs. When the children fail to do so, nursing homes, hospitals, and other creditors can file lawsuits … [Read more...]
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 … [Read more...]
“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 … [Read more...]
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 … [Read more...]
Planning for Long-Term Care (Part 1)
Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]
The Reverse Mortgage Saga Part 5: “How the Farr Law Firm is Helping Clients Stay at Home”
“Presume not that I am the thing I was,” wrote William Shakespeare in the play, 2 Henry IV, reminding us that nothing stays the same. On the personal side, we all change over time; our families and our other assets grow and … [Read more...]
Making the Nursing Home Choice
While placing a loved one in a nursing home is a difficult decision, there may come a time when it is the right one. It will help if you do your homework and trust your instincts. According to the Department of Health and Human … [Read more...]
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