Author Archives: Site Administrator
Three-Step Process Can Help In Quick Long-Term Care Cases
An old saying goes, “Act in haste, repent at leisure.” (Photo credit: cseeman) Haste, though, can be obligatory when it comes to making decisions about long-term care for an elderly relative. “Sometimes unexpected circumstances, distance or a lack of resources can escalate a situation to one of immediate need or crisis proportions,” according to… Read More »
Problem Of ‘Pension Predators’ Is Growing
The American Association of Retired Persons is warning older Americans to be wary of what the organization is labeling “pension predators.” (Photo credit: North Charleston) A recent item in the AARP Bulletin focused on the case of a disabled Navy retiree from Laurel, MD, named Darryl Henry, who served his country honorably for two… Read More »
Difficult Discussion On Dying Can Be Helped By Web Resources
Almost nobody wants to have “The Conversation.” (Photo credit: jaded one) Talking to an older relative, whether it’s a mother, father or sibling, or a friend about death is a burdensome task most people put off until, of course, it’s too late to have anything at all to discuss. It’s probably at that point… Read More »
Supreme Court Ruling Unintentionally Harmed Disabled Veterans
A U.S. Supreme Court ruling made three years ago is coming back to haunt a group it wasn’t even aimed at: disabled veterans. Disabled veteran, ca. 1943 (Photo credit: The U.S. National Archives) “The court’s decision concerned a convicted murderer who had beaten a man to death,” according to a story in The New… Read More »
Wills Are Vital, But Other Documents Are Important, As Well
When it comes to estate planning, the will is far and away the most important document, but it’s not the only one individuals should have ready. Last Will And Testament (Photo credit: Ken_Mayer) A recent Forbes.com article points out that the prudent planner will also prepare such documents as beneficiary forms, financial and health… Read More »
Elderly Self-Neglect Up To Others To Notice
The question is not if but when. It is inevitable that as people get older, at some point they will no longer be able to take care of themselves. By then, however, the individual is in no position to be the judge of needing help, and the difficult decision of stepping in must fall… Read More »
‘Domicile Planning’ Now Part Of Estate Planning Lexicon
People don’t generally get to choose when they die, although most would probably opt for never. Taxes (Photo credit: Tax Credits) Many so, however, have some say about where they will be when the inevitable comes to pass, and that can have major implications for estate planning, according to a recent article in Forbes… Read More »
Reverse Mortgages May Lead To Problems For Heirs
While reverse mortgages may seem like a panacea for people in their golden years, caution should be exercised to ensure that not only is something of the estate preserved for heirs but also that debt isn’t passed along, too. Reverse Mortgage (Photo credit: aag_photos) A recent story in The New York Times referred to… Read More »
Those Re-Entering Dating Game Later In Life Can Use Some Help
Here’s the bad news: dating never gets easy, not even for people in their 60s and beyond. There’s some good news, as well. Those matchmaking sites so heavily advertised on television can also be of great benefit to people getting back into the dating decades after they thought that aspect of their lives was… Read More »
Planning For Passing On A Family Enterprise Needs To Start Early
The owners of family businesses need to plan for in advance for the day when they will no longer be the owners. English: Balderson’s motors A family business. (Photo credit: Wikipedia) It’s called having an “exit strategy,” and a recent article on Forbes.com focused on just how far out this planning should begin. Try… Read More »