Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of…
It can be challenging for adult children to imagine their parents as seniors and to understand and respond to the reality that each parent will age differently. Even if you are in the fortunate circumstance where your aging parents can…
Once you turn 70 years old, you have some critical decisions to make that will affect your retirement years. Here are some deadlines you won’t want to miss. Sign up for Social Security. If you have delayed taking Social Security…
In estate planning, a letter of instruction is an important component of the overall plan. It is an informal document that will give your loved ones important information about personal and financial matters after your death. Letters of instruction are…
A government study found that Medicare and Social Security are at risk of collapse. Unless action is taken, Social Security will exceed its income by 2020, whereas Medicare is projected to exceed its hospital insurance fund by 2026. Social Security…
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…
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…
Although COVID-19 continues to spread among nursing homes, valuable and accurate data pinpointing areas of concern is often rife with haphazard data collection providing skewed information. The most recent Kaiser Family Foundation data analysis indicates that federal policymakers are slow…
As Americans get older, living options can become a concern. Available options are tied to the resources a senior has to cover living costs, and vary widely in cost, assistance, and care provided. In addition to budget considerations, seniors must…
The purpose of hospice care is to provide comfort and quality of life for a terminally ill person. Hospice care can be very difficult for families to come to terms with but can be a beneficial care option for those caring for a terminally ill loved one.