According to research, 27% of American adults live alone or are aging alone, whether by choice or unforeseen circumstances. These statistics are expected to increase as societal norms evolve and different ways of living are embraced. Being single is no…
The probate process is the formal recognition of a will, the selection of a personal representative (executor), and the distribution of the estate's assets to those who are intended to benefit from them. It also requires paying the decedent’s outstanding…
The Federal Trade Commission (FTC) received 5.7 million fraud and identity theft reports in 2021. According to The National Council of Identity Theft Protection, cases of fraud are up 70% from 2020. While everyone is at risk for identity theft, senior…
Imagine that you have been married to the love of your life for 55 years, only for your spouse to be diagnosed with dementia a couple of years ago. Despite your best efforts to provide care, it’s becoming increasingly obvious that…
In most of our minds, hospitals are places where we go to recover from injuries or illnesses. That’s not the case for many elderly patients though. They leave the hospital in worse condition than when they were admitted. Even if…
A special needs trust (SNT) must be properly funded, so that certain assets can be designated to the trust. The trustee can then distribute these assets to the disabled individual. Before funding can happen, you must choose the type of…
You should consider an assisted living community if your parents are aging and need assistance with daily activities. Identifying the suitable facility "fit" for your loved one is a journey requiring matching your parents' needs, budget, and lifestyle with desirable…
Americans are increasingly in need of affordable long-term support services. Premiums for long-term care insurance policies and nursing home bills are exorbitant. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a 70…
Your letter of intent (LOI) is a valuable piece of your estate planning, and although it is informal, it can be a powerful representation of your intentions after you pass away. Everyone knows they need to make a will, but…
It's a stressful world where we are bombarded with undesirable news, and we also suffer from injuries and illnesses. Chronic pain can be especially stressful. So finding ways to release and cope with pain and stress help people live longer, happier…