Long-term medical care may not be among your concerns if you are young and healthy. You may be more worried about saving for retirement, a new home or an upcoming vacation.However, the time may come when you require long-term care. This could happen after a serious...
Month: January 2020
4 real ways to help parent manage virtual and digital assets
Elderly parents may not have as robust of an online presence as their children and grandchildren. However, that does not mean their digital and virtual lives are non-existent. Many people have email, social media, bank accounts and other digital assets, and managing...
Addressing a family secret in an estate plan
Every family has their secrets. Years ago, the keepers of these secrets may have passed away without anyone ever learning about the private information. Today, however, it is easier than ever for families to uncover hidden stories thanks to technology like...
Changes could be coming to Medicaid eligibility process
Millions of Americans depend on Medicaid to help with their medical expenses and care needs. However, the application process is complicated and eligibility requirements are strict. Qualifying for and keeping these benefits can also be challenging.These could become...
Tips for discussing a parent’s care needs as a family
As parents get older, their needs change. Such changes don't just affect them, though; they also affect family members.Because of this, your parent's needs can be a topic for family discussion. As this article suggests, holding a family meeting could be a good way to...
Will my child’s student loans affect my estate plan?
There may be very few decisions that parents make without considering the impact those decisions might have on their kids. This can certainly be true when it comes to financial and estate planning. For instance, many parents today have taken out student loans or...
Study: ‘Dramatic’ increase in exploitation of older adults
Elderly men and women are among the most vulnerable people when it comes to abuse and exploitation. Often, these parties are unfamiliar with technology, isolated and experiencing mental declines that affect their decision-making skills. As such, they can be targets...