Many parents are uncomfortable talking to their kids about their wealth. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talk…
An elder law attorney or certified elder law attorney (CELA) specializes as a legal advocate for aging adults and their loved ones. Elder law encompasses a wide range of legal matters affecting an older or disabled person. Issues related to…
Having a retirement plan is important due to its ability to help secure a stable income in your senior years. Unfortunately, nearly half of Americans aged 55 and older have no retirement savings in an individual retirement account (IRA) or…
In the United States, there are two Social Security trust funds which are known as the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund. In their 2019 annual report to Congress, the Board of…
Dementia is a common disease that has a negative influence on a person’s memory and cognition. Somewhere in the world, every three seconds, someone is being diagnosed with dementia. Dementia is a catchall phrase that refers to many types of…
According to the U.S. Department of Health and Human Services, Seniors 65 years or older will have a 70 percent chance of requiring some type of long-term care (LTC) service and support during the remainder of their life. In the…
Anyone can be subjected to becoming either temporarily or permanently disabled. A few projections suggest that Americans in their 20s today have an estimated 30 percent chance of experiencing a disability profound enough to cause them to miss at least…
While the US economy is in a cycle of more than ten years of economic growth, its citizens, even the “wealthy” ones, are worried about running out of cash and are scared to spend. Bloomberg.com is reporting many retirees, and…
As many state officials now begin to ease current Covid-19 restrictions, the May 10th Wall Street Journal (WSJ) reports that the Centers for Medicare and Medicaid Services (CMS) is considering likewise for nursing-home residents and their families. Since March 13,…
Many of us are facing unprecedented challenges during this coronavirus crisis in America, and it has increased anxiety and fear levels in all of us. The reactive part of your brain called the amygdala, a human physiological response when faced…