In a report from Genworth, the US Department of Health and Human Services (HHS) estimates that roughly seventy percent of retirees in America will require some long-term care (LTC), with median costs for these services ranging from $53,768 to $105,850…
As a result of the Coronavirus pandemic in America, senior home-sharing is experiencing a resurgence in popularity. The danger of COVID-19 infection in nursing homes and other long-term care living facilities, coupled with the isolation seniors have been facing, makes…
Suppose that mother and father have run the family farm for many years. 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, but the…
The first thing you should do at the start of the probate process, whether you are the Executor or an heir, is to understand the lawyer’s role. One of the biggest sources of conflict in probating the estate is understanding…
It may be awkward to discuss your wealth with your children. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talk…
As the coronavirus pandemic spreads across the US, it continues to interrupt our daily lives. Those who are age 65 or higher experience a higher virus fatality rate, and the Centers for Disease Control and Prevention (CDC) continues to recommend…
There are more than 5 million Americans who suffer from Alzheimer’s disease for which there is currently no cure. Projections by the Alzheimer’s Association (alz.org) are that by 2050 more than 14 million Americans will suffer from this disease. What…
According to Florida Today, 46 million Americans own the well-known crypto asset, Bitcoin and the number of people owning cryptocurrency is growing steadily. Bitcoin was created in January 2009 by Satoshi Nakamoto as a peer-to-peer electronic cash system. This digital…
The sandwich generation is comprised of people caring for their children while also caring for their aging parents. Although generation is part of the phrase, it does not refer to people born at a specific time. Typically, these “sandwich” family…
There are laws that were put in place to protect married couples’ savings from being depleted when using Medicaid. These protections prevent husbands and wives from bankrupting themselves trying to fund care for their loved ones. They originally required states…