As parents or grandparents age, it is natural for younger members of the family to step up and care for them, just the same as their parents or grandparents cared for them when they were young.Unfortunately, opportunistic people will instead take advantage of older...
Month: October 2019
When does a guardianship end?
If you or your loved one becomes incapacitated, Colorado courts can assign a legal guardian to make decisions regarding the ward's welfare, support, health, education and care. This person is typically someone appointed by the ward himself or herself, a spouse or an...
Non-traditional families and estate planning
Relationships and family structures are more diverse than ever, and people have different goals and needs. That is especially true when it comes to estate planning.However, too many people assume that rigid, standard estate plans will suffice when they have a...
Helping elderly parents avoid scams and financial abuse
As parents get older, many adult children are finding themselves in a position to provide care and support for them. This might mean living with them, visiting them every week in a nursing home facility or calling them more frequently to check in on them. However, if...
Flexible estate planning works for the benefit of all
People over the age of 60 are becoming the fastest growing age group in Colorado and around the rest of the country. As this age group gets older, estate planning becomes an important consideration. There are many facets to estate planning and it is not a...
How to pay for your parents’ assisted living
One of the most difficult parts of getting older is having to watch your parents get also older and dealing with the emotional and financial stress that comes with it. On average assisted living can cost between $2,000 and $5,000 per month, which may sound...
How to set up a special needs trust
As you get older, you may wonder what your grandchildren will grow up to be and what your children will do when you are no longer with them. This thought process can be even more difficult if you have a loved one with special needs in your family.Obviously, you want...
Financial planning can help seniors avoid elder abuse
Experts say that the life expectancy of the average person is rising, with many saying that people will soon regularly live to be 100 years old. This means that many families will need to be prepared for the financial demands of longer lives. Unfortunately, senior...
