Personal interaction is important. It can improve our health and well-being to be with people we love and care about. As such, being unable to spend time with someone can be very upsetting, especially when he or she is ill or elderly.However, even when you cannot be...
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3 long-term care planning mistakes you should avoid
As we get older, the level of health and personal care we may need can change.Planning for potential changes through legal and financial planning can be crucial, so it is wise to avoid the following common mistakes. Mistake #1: Assuming you won't need careNo one wants...
4 ways to protect assets when applying for Medicaid
Did you know that, according to the Centers for Disease Control and Prevention, more than 1.5 million Americans are currently in nursing homes? And this number is only going to increase as baby boomers get older and require more long-term care.With this in mind, it...
4 home safety systems your parents may need as they get older
Home is typically the most comfortable place a person can be. And as we get older, that sense of comfort and familiarity can become increasingly important. Because of this, it is not unusual for people to want to stay in their homes as long as possible as they age.If...
Probate gets even more complicated if beneficiary dies
There are countless unfortunate stories about what happens when a person passes away without leaving a will. However, each one can teach us something about why it is essential to create a will and provide guidance on what to do (or not do) in similar situations.For...
What does Medicaid cover?
Paying for medical care can be extremely expensive, especially as a person gets older and requires more care-related services. Planning for how you will pay for these services before you actually need them can allow you to protect your legacy and secure the care you...
4 signs of undue influence to watch for in elderly loved ones
As our parents and loved ones get older, their needs change. And to ensure their needs are met, spouses, children and relatives may be willing to do whatever they can to help. Such measures could include taking a loved one in to live with them, hiring aides or placing...
Can I put a camera in my parent’s nursing home room?
Having a parent in the care of a nursing home facility can be reassuring when he or she has medical needs that make living at home dangerous or impossible. However, adult children can be also understandably nervous about the treatment he or she is (or is not)...
What to know if your spouse must go into a care facility
Learning that your spouse must go into a nursing home or other care facility is heartbreaking for the well spouse. Not only is it difficult to come to terms with living apart, but there can be concerns about how to pay for the care a person needs.People in this...
Where there’s a will, there’s a way someone may contest it
Having a will in place is an effective way to share your wishes, protect your assets and direct loved ones in how to manage your affairs after you are gone. Because of how important wills are, every adult should have one.That said, some wills are vulnerable to...
