Tips for Selecting an In-Home Care Provider There will come a time when your parent may no longer be safe living at home alone due to physical or emotional/social concerns. In home care can provide a solution to make everyone…
The gift tax is a tax on the transfer of assets, cash, or property, to another without receiving something of equal value. The asset has to be of a certain value for the tax to apply; otherwise, it falls under…
In places like France, proposals to raise the retirement age are met with street protests. Yet around the world, the retirement age is creeping up; in the United States, it is moving up from 65 to 67. In fact, 2019…
Way back when Mom and Dad bought a timeshare in a holiday resort, the resort agent suggested that they sign a deed leaving the share to their children, so that when the parents passed, the kids could continue to enjoy…
The Biden Administration could bring significant changes to the current landscape for older Americans. Biden has outlined what he would like to accomplish for older Americans, and this article is intended to summarize some of those plans. Social Security benefits…
Today, there are very few people without a digital footprint anymore. From social networks like Facebook, Linkedin, Instagram, Twitch.tv and Twitter, blogs and licensed domain names, email, music, photos, seller accounts on eBay, Amazon, or Itsy, gaming accounts, even your…
When taking into account the costs of dementias like Alzheimer’s disease, policymakers consider both indirect and direct costs. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month…
The Centers for Disease Control and Prevention reports one out of five senior falls causes a serious injury like a broken bone or head trauma. Injuries of this sort can make life difficult for an older person to do everyday…
Medicaid is available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs that is a joint federal and state program. Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and…
To make sure they are still good, you should check your estate planning documents every so often. This is especially true with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property…