Incapacity due to trauma or disease is something nobody wants to think about. People experience this every day, unfortunately. With this knowledge, many people like to prepare in advance for the kind of treatment they want in the event of…
In nursing homes and assisted living facilities for the elderly, it is critical to be vigilant for abuse signs. The National Center on Elder Abuse reports the most common types of abuse include physical (29%), psychological (21%), gross neglect (14%),…
Planning an estate involves creating a number of documents that outline an individual’s wishes. During the process, you can name people to make financial decisions on your behalf when you are unable. You can designate beneficiaries for your assets. You…
You may be able to switch your retirement benefits to disability benefits under certain circumstances. For example, if you become disabled after filing for retirement benefits early, you might be able to qualify for Social Security Disability Insurance (SSDI). If…
Transferring assets, cash or property, without receiving anything of equal value is subject to gift tax. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual…
In 2050, there will be 458 million Americans, including 92.1 million over 65, according to the US Census Bureau. If these projections are accurate, seniors will constitute slightly over 20 percent of the population. By the year 2030, all of…
Elder law deals with legal issues affecting older or disabled people. Attorneys who practice elder law advocate for and create legal plans to assist seniors, and their loved ones, in living better lives. Elder law may include planning for retirement,…
The onset of dementia can lead to a loss of financial security due to the degeneration of your brain function. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings…
Housing options for seniors are undergoing exciting changes. In 2018 senior housing occupancy fell to an eight-year low, even as the senior population continues to increase, as competition for the younger baby boomer market is ramping up and forcing a…
As a result of the passage of the Sergeant First Class (SFC) Heath Robinson Honoring Our Promise to Address Comprehensive Toxics (PACT) Act on August 10, 2022, US veterans’ health care and benefits will be expanded in the most significant…