Author Archives: Site Administrator
Ruses That Target Veterans Termed ‘Despicable’
Proud saluting male army soldier on american flag background Along with the elderly, heartless scammers frequent target veterans and their families, according to a recent American Association of Retired Persons blog, which referred to these confidence games as “despicable.” “Scammers are calling widows of military veterans, saying the deceased had a hefty life insurance… Read More »
In Some States, Irrevocable Trusts Aren’t Necessarily Irrevocable
Estate tax returnIrrevocable sounds so very final, but in some states, appearances can be deceiving. According to a National Law Review article, people who created lifetime irrevocable trusts to avoid estate taxes don’t have to live with them irrevocably, in some instances. “The assets in the irrevocable trust pass upon death free of estate… Read More »
Widows Face Special Issues In Financial Planning
Close-up of documentsMany older couples, those approaching or even well past retirement age, have wisely made financial plans for the rest of their lives together. What few do, because it’s just too emotionally difficult in most cases, is make further plans for one or the other of them to carry on alone. More often… Read More »
Industrial Designer Found Way To Help Grandmother
A San Francisco-area industrial designer whose grandmother was diagnosed with Alzheimer’s disease did something rather remarkable. Sha Yao, who attended the Academy of Art University, created Eatwell, which an article on the website mentalfloss described as “a seven-piece tableware set with 20 unique features specifically designed to meet the needs of those with physical,… Read More »
Caregivers Should Take Care To Get Care Themselves
Home care People who are willing to become a caregiver to a loved one, regardless of the circumstances, are taking on an awesome responsibility. Consider this set of guidelines offered at Preserve dignity Involve your loved one Promote independence Ask for help Be an advocate Take care of yourself That last guideline might sound… Read More »
Special-Purpose Trust Can Help Parents Of Troubled Adult Children
Parents who find themselves at their wit’s end in trying to help troubled adult children, whether it’s due to mental illness or substance abuse, can at least take some definite actions to reduce the sorrow – their children’s and their own. According to a recent article in The New York Times, what are called… Read More »
For Caregivers, Ensuring Legal Matters Essential
Doctor laying hand on senior man’s shoulder Caregivers of people with serious illnesses, particularly cognitive issues of the elderly, have a lot on their plate, but they also have an obligation to make future legal preparations for their loved ones. “As a caregiver, you should begin making legal preparations soon after your loved one… Read More »
AARP Seeks To Help More Than The Retired
Talking to employee The American Association of Retired Persons has launched a new service to help people with work issues, which may seem weird since “retired” kind of implies that’s all in the rearview mirror. But for many people are approaching, have arrived at or are past retirement age, no longer working may not… Read More »
Duties of Executors More Complex In Digital World
The roles of executors and their agents, which had remained largely unchanged for decades, are, like everything in this digital age, undergoing a transformation. Financial data analyzing “Being named an executor by a family member or close friend is an expression of the highest regard and trust, and it is generally regarded as an… Read More »
Early Planning Permits Those With Dementia To State Wishes
Grown Up Son Consoling Senior Parent It must be grim, but it also must be done. For people who fear they are experiencing the first signs of dementia or Alzheimer’s disease, making legal plans is essential, because anytime now may be too late, according to the website alz.org. “It’s important for everyone to plan… Read More »