An inheritance can be the source of costly mistakes related to Medicaid which should be avoided. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to…
The number of elderly individuals are steadily increasing while medical and technological advancements are allowing seniors to live longer and better lives than ever before. According to the US Census Bureau, more than 51 million Americans are currently aged 65…
Elder abuse scams are everywhere, but they are reaching a new level of sophistication in targeting their potential victims. Forbes is reporting about the problem that unscrupulous scam artists are contacting veterans and service members pretending to collect money to…
Couples often bring children into a marriage from a prior marriage or union and then have children together is known as blended families. Blended families highlight the need for careful estate planning to make sure the needs of each spouse…
During the Covid-19 pandemic, loneliness has become a common trend among seniors. People struggling with loneliness tend to live shorter lives because being lonely increases the risk of heart disease, hypertension, depression, obesity, digestive problems, sleep problems, anxiety, dementia, and…
Congress has passed a bipartisan appropriations bill. In the contents of this spending bill is a piece of legislation known as the Setting Every Community Up for Retirement Enhancement Act (SECURE), the first significant change in retirement legislation since the…
The Achieving a Better Life Experience (ABLE) Act was signed into law in December of 2014. The purpose of the Act was to provide individuals and families the ability to finance disability needs tax-free. The savings vehicle provided by the…
For women, securing enough retirement income can be a daunting proposition. Generally speaking, women face two significant hurdles to overcome to achieve a comfortable flow of retirement income. One hurdle involves longevity, and the second deals with earning power. Women…
There is a growing need for affordable senior housing that is only starting to be addressed by businesses that build for this market. If you have a lot of money you typically have a lot of options. At the other…
Living Wills are essential in creating a solid estate plan. A living will presents your preferences for life-sustaining medical treatment. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for…