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...]
Print This PageSandwich Generation: How to Survive Financially
September 4, 2014 by
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...]
Print This PageCaring for Caregivers
September 2, 2014 by
Taking care of an older or ill family member can be enormously rewarding — but it can be physically and emotionally draining. And with the number of Americans age 65-plus projected to double by 2030, caregiving demands will only … [Read more...]
Print This Page“Ice Buckets” for Veterans
August 26, 2014 by
Veterans Twice as Likely to get ALS Joseph, a military veteran, noticed that he was experiencing tingling and numbness in his limbs. It didn’t take long before it progressed to difficulty walking, poor hand … [Read more...]
Print This Page“Hide” is a Four-Letter Word
August 22, 2014 by
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...]
Print This PageCommon Misconceptions about Revocable Trusts
August 5, 2014 by
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 … [Read more...]
Print This PageHow to Avoid Losing Massive Amounts of Money to a Nursing Home
May 4, 2011 by
When older adults think of estate planning, many actually have asset protection in mind. What they want is the peace of mind of knowing that the nest egg they’ve been saving for that proverbial “rainy day” will actually be … [Read more...]
Print This PageTop 3 Advancements to Help Seniors Stay at Home: “No Thank You, Nursing Home”
March 29, 2011 by
"Getting old is not for sissies" goes the quote. Perhaps one of the biggest challenges people face as they age is a seemingly inevitable and impending change to their living situation, whether it be due to health concerns, … [Read more...]
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