What it Means Being a “Fiduciary”
At some point in your life, you may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example,…
At some point in your life, you may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example,…
Your senior years should not be focused on worries about finances. The stress that money problems bring not only ruins your aging experience but can also be disastrous to your health. Rising health care costs and your increased need for…
Health systems and hospitals have been coping with unprecedented challenges during the COVID-19 pandemic of 2020. There has been a need to increase and safeguard healthcare staff as well as non-COVID-19 patients, testing and treating infected patients, expanding critical care…
Many adult children in this country live a distance from their parents. Managing aging parents or in-law medical events can be a serious challenge without proper preparation and understanding of what your parents' strategy may or may not be, no…
The senior citizen population has been increasing rapidly due to the aging baby boomer generation and the influx of international migration. Although the US average life expectancy has seen a slight three-year decline, many Americans, men and women, live well…
It is hateful that criminals come out of the woodwork whenever people are vulnerable or in need. Nobody nobody needs reminding, these days, how many of us are in precisely that condition. The opportunities to exploit fear and need are…
Assume your beloved parent recently had a stroke and is returning home after a long stay in the hospital and in-patient rehabilitation. The care providers assure you that your parent will be fine returning home, but you still worry. How…
Wills and trusts have specific yet different benefits in the process of estate planning. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should…
Senior home-sharing is gaining popularity among American seniors during the coronavirus pandemic. The danger of COVID-19 infection in nursing homes and other long-term care living facilities, coupled with the isolation seniors have been facing, makes the idea of two, three,…
Kiplinger.com suggests as you age you should rethink your financial retirement portfolio. You may have built up a significant nest egg in a 401(k) plan, but it does come with serious baggage during your golden years. It is impossible to…