Three out of four Americans aged 50 or older wish to age in place according to a study conducted by AARP. These seniors and near seniors are willing to employ alternative solutions to facilitate this. The alternatives include home-sharing (32%),…
My uncle got critically ill and ended up in the hospital. He asked me to take care of his bills while he is incapacitated. Back in 2002, he named me as his financial power of attorney, so I could write…
The number of patients living with Alzheimer’s disease is projected to rise sharply according to a study conducted by The Lewin Group of Falls Church, VA on the behalf of the Alzheimer’s Association. By the year 2040 more than twice…
The Centers for Medicare and Medicaid Services forecasts the US Health care system will soon be significantly overwhelmed with seniors requiring medical care. Government medical programs and services, insurers, and manufacturers are tasked with finding ways to reduce the enormity…
In order for your parents to be properly prepared for the future, it is critical to discuss finances with them. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and…
According to a 10-year study by the Journal of the American Medical Association (JAMA) there is a connection between hearing loss and various health risks. The risks include a 50% greater risk of dementia, a 40% greater risk of developing…
Just like you should visit your doctor for a yearly check-up, you should review your estate planning documents annually to make sure they are up-to-date. Children grow up, marriages dissolve, property gets sold, residences change. That’s why we recommend that…
In the healthcare industry, the acronym LASA, which stands for “look-alike-sound-alike” is used when referring to medications. When it comes to federal programs, Medicaid and Medicare, in written form, look alike and they do sound alike but work very differently.…
The US Food and Drug Administration (FDA) recently approved a new drug under the trademark Aduhelm™ to treat Alzheimer’s disease. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer’s disease and…
The purpose of The Achieving a Better Life Experience (ABLE) Act is to provide individuals and families the ability to finance disability needs tax-free. The savings vehicle provided by the ABLE Act is similar to the 529 education savings plan.…