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By Utilizing Technology, Seniors Can Be Better Protected From Falls
Accidental falls are one of the most common causes of injuries among seniors. Debilitating injuries range from short-term sprains, bumps, and bruises to fractures and head traumas which may require hospitalization. The Centers for Disease Control and Prevention (CDC) reports that one out of five falls causes a serious injury
Can Social Security and Medicare Afford to Continue to Operate?
The American Association for Retired Persons (AARP) estimates that 10,000 baby boomers turn 65 every single day. The deluge of aging Americans and the increase in longevity in the already 65 plus population are the main reasons why the Social Security and Medicare programs are expected to have financial insolvency
Defining the Difference Between Estate Planning and Elder Law
Estate planning and elder law differ from each other when it comes to planning for your future financial affairs and health care needs. Estate planning and elder law also have some similarities. Even though these two types of law are for different stages in life, they are often handled
Don’t Fall Victim to Criminal Scams
Whenever people are vulnerable or in need, criminals emerge out of the woodwork, and today we need no reminder of how many of us find ourselves in precisely that situation. The opportunities to exploit fear and need are especially rich and varied in the Covid environment. ABC News reports that
In the Absence of Advance Directives, the System Will Take Control
During this Covid-19 epidemic, an especially wrenching question demands an answer: how far would you want extreme life-prolonging measures taken if you or someone you love were diagnosed with a life-threatening illness? For us who are particularly vulnerable – seniors, those with compromised immune systems, those already struggling with medical
The 7 Worst Reasons for Putting off Estate Planning
I don’t own much with my family. Wouldn’t it be better to wait until we’re able to afford to plan? Â You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen to you. You don’t want
Be Cautious When Planning for Medicaid and Inheritances
Medicaid and inheritances can both be subject to mistakes and these can be expensive. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize expensive penalties. What “careful†means, though, can be misunderstood without the
Out-Of-Pocket Costs Associated With Alzheimer’s Disease, Medicare, and Medicaid
There is a report published by the Alzheimer’s Association (alz.org) entitled Alzheimer’s Disease Facts and Figures. The findings give pause when contemplating the future of many Americans who will be living with crippling dementia. Health care and long-term care costs for individuals with Alzheimer’s Disease and Related Dementias (ADRD) are
When a Beneficiary Dies, Who Receives the Inheritance?
Who inherits a beneficiary’s estate when he or she dies? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit the property in his place? The answer is, only if your will explicitly states as much. To ensure
Helping a Loved One Who Is Aging
Providing care to aging relatives is a natural habit of families. 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, it is not atypical that a senior parent may still be caring
