A study conducted by The Blackstone Group, an independent research firm, on behalf of Bankers Life Center for a Secure Retirement highlights concerning data regarding middle-income baby boomer retirement care preparedness. According to the survey above, the bleak financial reality of…
What is a Special Needs Trust? In general, a trust is created when property or assets are managed by a person or firm on behalf of another person’s benefit. The person or entity who manages the trust is known as…
An elder law attorney or certified elder law attorney (CELA) specializes as a legal advocate for aging adults and their loved ones. Elder law encompasses a wide range of legal matters affecting an older or disabled person. Issues related to…
The coronavirus pandemic creates risk scenarios for Americans beyond becoming infected with COVID-19. If you are close to retirement age and recently lost your job, there is a good chance you may not find work again. The Great Recession (2007-2009)…
Continuing care retirement communities (CCRC) are becoming popular retirement choices in the United States. Sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents. These residents prefer to live in the…
Even in the best of circumstances, adults living in senior communities and long-term care facilities fight loneliness and isolation, which is linked to anxiety, depression, cardiovascular disease, and other ailments. During the COVID-19 pandemic, the Centers for Disease Control and…
An inheritance can be the source of costly mistakes related to Medicaid which should be avoided. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to…
The United States Department of Education is providing details about how states, schools, and parents can best address student special education needs following the Individuals with Disabilities Education Act (IDEA). Students with special needs are provided Free Appropriate Public Education…
What is a guardianship? A guardianship is usually defined as a protective legal proceeding for someone who is incapacitated and unable to manage his/her own affairs. Incapacitated means that the elder is no longer able to receive and evaluate information…
Your right to vote is one fundamental basis of being a citizen – yet you could lose your right if you become a ward in a guardianship. Having a strong power of attorney is essential to avoid that drastic, but…