Watching your parents age is often difficult, and it can prove particularly so if they are also struggling with memory loss, health problems, mental illness and similar issues. Over time, such issues can, in some cases, hinder an older American's ability to carefully...
Month: February 2019
Ensuring proper asset titles important part of estate planning
Creating an estate plan is a beneficial step that many Colorado adults choose to take. However, if mistakes with those plans exist, the estate planning process they went through could end up being for naught. In particular, if a person wants to avoid probate or has...
How to afford a nursing home without going broke
Most people set aside a significant amount of savings during their lifetimes. This type of financial planning is both wise and widely recommended. However, it may also be a source of frustration when this planning seems to fall short.It would be completely natural to...
Proper estate planning can help make dreams come true
The ability to dream and then watch these dreams become reality is something that most Colorado residents aspire to. They dream of growing old and living life to the fullest. They also dream of leaving a legacy of memories for their families to cherish. One way to...
Estate planning useful for all adults, even those without kids
Estate plans can serve a number of purposes, but some Colorado residents may only know about one or two. For instance, they may know that they can use their wills to name guardians for their children, but since many people do not have children, they may mistakenly...
Tips for getting your parents to make estate plans
Far too many Americans put off estate planning. In fact, only 40 percent of adults have a will or other estate plans, reports AARP. Oldest seniors have the highest rate (81 percent), and baby boomers come next, though only at 58 percent. This means there are still...
Estate planning: Cases of elder financial abuse on the rise
Anyone whose health and cognitive abilities have declined may be susceptible to financial abuse. Senior citizens in Colorado and elsewhere often experience reduced functioning as they age and, therefore, can be taken advantage of, often by people they love and trust....
Red flags your aging parent is a victim of undue influence
If you have an older parent finishing up his or her estate plan, you may have some concerns about it. Elderly people can become susceptible to coercion and pressure by other people, such as family members or friends. Abusers take advantage of the physical and mental...
