Author Archives: Site Administrator
Dad never signed a power of attorney, and now he’s not mentally competent to sign one. What can I do to help him?
Many seniors don’t want to face the possibility that one day they could become unable to handle their own financial affairs. Unfortunately, as we age, the likelihood of getting some type of dementia increases greatly. Some researchers state that as many as half of all people over 80 suffer from at least one form… Read More »
The Smart Way to Leave an Inheritance to Unprepared Children
Most parents (even parents of adult children) want to provide for their children—but not necessarily right away, and maybe not all at once. According to a recent article in Barron’s, “A growing number of parents are shunning the time-honored practice of handing big inheritances to their children when they turn 21. Instead, they’re waiting… Read More »
A Mother’s Thoughts on the Struggle Between Adult Children and Their Aging Parents
Salon.com recently published a touching and illuminating article about Baby Boomers and their aging parents—about the transition from being the cared for child to the caregiving adult, and how Boomers are dealing with this new development. This is not the first article to be written on the subject, but this one is unique because… Read More »
Tips for Handling Dangerous Drivers
Understandably, many seniors are reluctant to give up the independence that comes with being a licensed driver. However, when an elderly person has dementia, diminished eyesight, or another condition that impairs his ability to drive, their activities on the road can be dangerous – and even deadly – for themselves and others. Below are… Read More »
This Holiday Season an Estate Plan is the Perfect Gift
The holiday season is upon us, and as others rush about the malls and the internet looking for gifts, we can recommend a unique, useful and memorable gift that will be perfect for any loved one: An Estate Plan! Before you roll your eyes at the idea, consider this: An estate plan is something… Read More »
What To Do When You Discover That Mom or Dad Is Not Okay
In this day and age many families are spread across the country, with these winter holidays being their only chance to see each other during the year. This means that many adults are planning a trip this holiday season to visit aging parents they haven’t seen in months—or possibly haven’t seen in over a… Read More »
Lawsuit Alleges Florida Wrongly Denied Medicaid benefits to VA Pension Recipients
According to a recent article in the Miami Herald, thousands of VA pension recipients may have been wrongly removed from receiving Medicaid benefits in violation of a 1987 injunction. Attorneys have filed a class action suit seeking reinstatement of Medicaid benefits for those who have been wrongfully denied benefits, as well as damages for… Read More »
Not All Families Are Warm and Happy—How to Disinherit a Family Member
Much is made every November and December about spending time in the warm presence of your family, appreciating and caring for each other. If you belong to a close family we have plenty of posts on our blog about how you can protect and care for your family with an estate plan. But the… Read More »
How to Give Help to Family without Neglecting Your Own Financial Needs
As the cost of a college education skyrockets, and the unemployment rate for new college graduates holds steady at a depressing 17 percent, more and more grandparents are feeling the pressure to help their college age grandchildren pay for college expenses, or help with student loans after graduation. While college students (and their families)… Read More »
NOW is the Time to Think About Long-Term Care
As Baby Boomers begin to retire and to think about life after retirement, many find that one of their primary concerns is that of long-term care. Some news sources seem to think that paying for long-term care is going to be a number one issue in the coming years, not only for elderly individuals… Read More »