September 8, 2020Americans are Facing a Long Term Care CrisisAging Americans are facing an escalating long-term care (LTC) crisis. Industry driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases. This price increase is forcing some aging Americans to abandon their policy while others struggle…
September 1, 2020The Best Aging in Place Technology in 2020Technology is central to life and becoming increasingly prominant in senior populations as the tech industry targets this growing market demographic. A new survey by AARP projects by the year 2030 close to 132 million Americans aged 50 or more…
August 25, 2020The Concern of Adding Your Children to Bank AccountsI want to leave bank accounts to my children when I’m gone. Can’t I just make the children joint owners? That idea sounds better than it truly is. Yes, you would avoid court proceedings when you pass. But you’d put…
August 18, 2020Selecting a Continuing Care Retirement CommunityContinuing care retirement communities (CCRC) are gaining in popularity in the United States. Sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents. These residents prefer to live in the same…
August 11, 2020When You and Your Loved One Need CareFamily members commonly wish to assist in the care of their aging relatives. The love and care many adult children receive growing up become reciprocal, particularly in the case of their aging parents. But with the advent of longer lives,…
August 4, 2020Information to Include in a Letter of InstructionA letter of instruction can be a beneficial element of your estate 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 not legally…
July 28, 2020Does Medicare Provide Long Term Care Coverage?Most people understand that by paying into Social Security throughout their employment, they can receive health care benefits through Medicare starting at age 65. Individuals under age 65 who qualify to receive Social Security Disability benefits are also covered under…
July 21, 2020Protect Your Voting Rights with a Power of AttorneyYour right to vote is a fundamental basis of being a citizen – yet you could lose your right if you become a ward in a guardianship. Having a strong power of attorney is essential to avoid that drastic, but…
July 14, 2020The Challenge of Health Care ExpensesWe owe sincere gratitude to those who are caring for the sick, and to those who support those workers. At the same time, we should be skeptical of bills which may be presented for that care. The struggle to contain…
July 7, 2020The Baby Boomer Retirement CrisisA study conducted by The Blackstone Group, an independent research firm, on behalf of Bankers Life Center for a Secure Retirement outlines some very concerning data regarding middle-income baby boomer retirement care preparedness. According to the survey above, the bleak financial…
