What It Means To Be a “Fiduciary”
At some point in your life, you may be asked to be a power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For…
Five Important Facts to Know About Dementia Caregiving
Dementia in the American population, in particular, the prevalence of Alzheimer's Disease, is creating difficult caregiving experiences for the family members who are primarily responsible for providing care. Even though you understand your loved one's dementia behaviors are a symptom…
Telehealth Coverage Is Rolling Back By Health Insurers
Hospitals and health systems have been coping with unprecedented challenges during the coronavirus pandemic. There has been a need to increase and safeguard healthcare staff as well as non-COVID-19 patients, testing and treating infected patients, expanding critical care unit capacity,…
Affordable Long-Term Care Is an Urgent Priority In The US
There are many challenges ahead as AARP reports that the population age 85 plus, the most likely to need long-term care, will more than triple between 2015 and 2050. Elected leaders must rethink institutional care and its affordability and make…
Smart Personal Assistants on the Rise
The smart personal assistant revolution is moving forward at a very brisk pace. It took approximately 30 years for the cellular telephone to begin outnumbering people on the planet, but smart personal assistants are projected to outnumber humans in half…
Common Scams to be Aware of and How to Avoid Them
The online world is full of scammers, and the number of people in the online world makes it a target-rich environment for scammers. Seniors and near seniors should be aware of some of the more common attacks aimed to gain…
Having a Conversation about Finances and Estate Planning with Your Aging Parents
As your parents' age, it is essential that you have conversations with them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to…
AARP Creates new COVID-19 Dashboard for Nursing Homes
As the COVID-19 pandemic continues to spread among nursing home residents and staff, 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…
Understanding the Probate Process
Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will's executor to…
The Differences Between Wills and Trusts
Wills and trusts have specific and quite different benefits for estate planning purposes. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should compliment…