Imagine a pair of aging parents that have been farmers and own their farm. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm,…
When a family member has passed, the family sometimes ends up arguing over personal property. Arguments can take place over things like a coffee mug, a piece of jewelry or a painting. These types of arguments can be eliminated by…
Senate Democrats are proposing to lower the current estate tax exemption from $11.7 million to $3.5 million for individuals and $23.4 million to $7 million for couples. Whether this particular Congressional bill will pass into law is unknown; however, change…
The elderly population in the United States is plagued by the use of multiple concurrent prescriptions. The more medications a person takes, the higher the risk of dangerous drug-drug interactions and increased possibility of inappropriate prescribing, adverse drug reactions, hospitalization,…
The legally binding directive declaring who will receive your assets upon death is called a will, and a will is a significant element of a complete estate plan. If you die without one (intestate), the state will distribute your assets…
The Windfall Elimination Provision (WEP) may decrease your SSA benefit if you receive a pension from an employer that did not pay social security payroll taxes. How can you know if this is your situation? Your social security statement does…
Long-distance caregiving is described as giving care to a person who lives more than an hour away by The National Institute on Aging (NIA). This type of caregiving takes many forms – from arranging for in-home care, money management, bill…
New troubling data regarding middle-income baby boomer retirement care preparedness is revealed by The Blackstone Group, an independent research firm, on behalf of Bankers Life Center for a Secure Retirement. According to the survey above, the bleak financial reality of…
Medical and technological advancements are allowing 51 million seniors 65 and older to live longer and better lives than ever before. The expanding needs of the US aging population are contributing to an increase in federal government senior assistance programs’…
New innovations in-home healthcare funded by The Department of Veterans Affairs (VA) delivers cost-effective, quality care for veterans. Although the agency has long been mired in controversies surrounding its programs, particularly arbitrary caregiver dismissals, the home health services sector of…