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…
The income potential of a disabled person can be maximized even though they are limited by a fixed income. Depending on your medical condition, you may face additional costs to meet your unique needs. And your expenses are always higher than…
Approximately 17 percent of the U.S. population is a family caregiver, and most are losing sleep, worrying, losing income, and struggling with caregiving tasks while balancing their workload and other family responsibilities. 53 million Americans provide care for older relatives…
You may feel like you are experiencing early dementia, but it may be something else altogether. Of the 5.3 million Americans with Alzheimer’s Disease, approximately 200,000 are under the age of 65. Known as Early-Onset Alzheimer’s, the disease typically strikes people…
Marriage, divorce, or losing a spouse are all emotional experiences, but they are also financial ones. One thing to think about is how marital status changes your social security benefits. Understanding your options in different situations removes the burden of decision-making…