Ever turn on the TV, scan Facebook, or check out viral news stories online and see Sophia, an extremely life-like humanoid robot? Well, if you haven’t seen her, Sophia is a robot that is designed to look very human that has gotten lots of attention during the pandemic for her ability to help people who […]
Helping Mamma Get Rid of Stuff
Dear Oakley, When my mom was doing her estate planning, she realized how much stuff she has that has no monetary value, but lots of sentimental value to her. Upon speaking with her children and grandchildren, she realized that no one really wants all that stuff. What are some tips to help her get rid […]
Are Military Retirees and Disabled Veterans Getting a Raise Next Year?
Dear Oakley, I heard a rumor that military retirees and disabled veterans are getting a hefty raise next year. Is this true? Thanks for your help. Mo Money — Dear Mo, According to the Defense Department, there are around 1.87 million military retirees, with an annual average retirement payment of $30,265. The VA says nearly […]
Estate Planning for Cryptocurrency
Dear Angel, A couple years ago, I started investing in Bitcoin. It’s value has increased a lot and I want to include it in my estate planning. What should I know when it comes to developing an estate plan for cryptocurrency? Bitt Coyne — Dear Bitt, Currently, 46 million Americans own the most popular of […]
Could Canine Life-Extension Research Lead to Breakthroughs for Pets and Humans?
Dear Hayek, There is a lot of research out there about longevity in humans. Unfortunately, pets don’t live long enough. Is there any research being conducted about longevity and pets? I’d love for my best friend, Kirby the doodle, to be around for as long as possible. Thanks for your help! Doug Livenlonger — Dear […]
Why Should I Consider Antibody Testing for COVID-19?
Dear Oakley, I’m pretty sure I had a mild case of COVID-19 earlier in the year. Do you think I should go and get an antibody test, and if so, why? What is the difference between an antibody and an antigen test? Is antibody testing covered by Medicare? Thanks for your help! Anne T. Boddie […]
Celebrate World Grandparents Day this Weekend
Dear Angel, I just saw that the Pope named this Sunday, July 25, as World Grandparent’s Day. I’m not Catholic, but like the sentiment. What is the day all about and how can we celebrate? Thanks! Graham Pah — Dear Graham, In the United States, National Grandparents’ Day has been recognized by the federal government since […]
Teaching Grandchildren about Finances
Dear Oakley, I’ve been thinking about gifting money to my grandchildren. Before I do so though, I’d like to teach them about financial responsibility. As a financial planner who works with seniors and their loved ones, how do you suggest I do so? Finn Anshull —- Dear Finn, Grandparents are often […]
Smithsonian Program Brings Art to Seniors with Dementia
Dear Angel, I am a caregiver for my mother, Carrie, who has dementia. She has always loved art and I have noticed that when she looks at a painting, she starts expressing herself. Are there any art programs in the area that I can take her to? Thanks so much for your help! Art Formamma […]
Aging Technology in Long-Term Care Facilities
Dear Oakley, The pandemic is hopefully over and things are getting back to normal. I remember how long-term care facilities were affected by the pandemic. Is there any new technology to help provide more protections for residents and support for staff? Thanks for your help! Norma Ull — Dear Norma, Now […]
Can Carebots Look After Your Senior Loved Ones?
Q. Caregiving for my mother, who has dementia, has been really challenging both physically and emotionally. I admit that I need help, but hiring someone is so expensive and it’s often hard to find the right person, especially with the shortage of caregivers out there. Sometimes I secretly wish that there were robots that were […]
How Do I Properly Revoke a Power of Attorney?
Dear Hayek, I appointed my son to be my agent under my Power of Attorney five years ago. Since then, he has shown his true colors as a spendthrift with massive credit card debt. I don’t think I can trust him to handle my finances, should I become incapacitated and unable to do so myself. […]
Is there a Link Between Alzheimer’s and Down Syndrome?
Dear Oakley, My neighbor has Down Syndrome. I read somewhere that there is a link between Down Syndrome and Alzheimer’s. Is this true and if so, what research is being done? Thanks! Khan Nexion — Dear Khan, Every year, about 6,000 American children are born with Down syndrome (DS), the most common chromosomal alteration. Many […]
Is Early Detection and Treatment of Alzheimer’s Possible Before Symptoms Arise?
Dear Angel, There’s been so much talk about the new Alzheimer’s drug that was just approved by the FDA. I’m wondering– what progress has been made when it comes to early detection of Alzheimer’s, before symptoms arise? Thanks! Earl E. Detexion — Dear Earl, June is Alzheimer’s and Brain Awareness Month, a time when we […]
How Much Compensation is a Fair Amount for an Executor of an Estate in Virginia?
Dear Oakley, My mother passed away last March in Fairfax. My brother, the estate executor, has been the one to navigate the estate administration process. The estate is still not completely settled 15 months later because of a time share that was not included in her trust and needs to go through probate court. Both […]
Spending Memorial Day with Senior Loved Ones
Dear Hayek, My dad, an Army veteran, comes from a long line of US military veterans from all branches. He is in the early stages of dementia, but Memorial Day has always been important to him. Since we’re all vaccinated, we can do more this year. What are some good ways to spend Memorial Day […]
Navigating the New Social Norms After Getting Vaccinated
Dear Oakley, I am fully vaccinated and am trying to follow the new norms and get used to not wearing a mask or physically distancing myself. I disliked wearing a mask the past year because my glasses would always fog up, so I’m glad not to have to wear one anymore. Many people look at […]
Wise Tips for Retirement from a 98-Year-Old
Dear Angel, I am thinking about retirement. I would love tips from someone who has “been there” for a while. Do you have any wisdom you can share from the people that you meet? I’d also like some practical tips when it comes to planning. Thanks so much! Ben Theere — Dear Ben, I meet […]
Help for Depression in Seniors During Mental Health Awareness Month
Dear Angel, I have been home since the Coronavirus pandemic began and still haven’t ventured out. Recently, I’ve been feeling sad and withdrawn. Things that used to interest me don’t anymore and I can’t sleep at night. Is this a normal part of getting older? Does Medicare cover treatment of depression? Thanks for your help! […]
What Taxes Do We Need to Pay for an Independent Caregiver?
Dear Oakley, We are hiring an independent caregiver, meaning she is not from an agency. My understanding is that we are responsible for paying taxes for her, since she is considered to be a household employee. What taxes are we responsible for paying? Thanks for your help! Payton Ataxis —- Dear Payton, As an employer […]
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