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Americans of All Ages are Creating Their Wills During COVID 19 Pandemic There has been an explosion in the numbers of Americans rushing to make their will online. Understandably, the coronavirus pandemic has created the scramble to set up wills and end-of-life-directives. However, online do it yo...

Senior Living Workforce Issues During the Coronavirus Pandemic Fears that provisions in a coronavirus-related relief action by the US government could have severely curtailed the workforce in senior assisted living, independent living, memory care, and continuing care retirement communities provi...

Understanding the Impact of Coronavirus (COVID-19) on Seniors We are living in confusing and scary times.  The senior population has been identified as the most at-risk demographic for COVID-19.  Information coming out about COVID-19 is very fluid, which can also contribute to overall stress.  Th...

How to Talk to Your Kids About Their Inheritance Many parents are uncomfortable talking to their kids about their wealth.  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 to ...

Questions to Ask Before Hiring In-Home Health Care Services There is a wide range of home health care services available from daily household tasks to medical care. Before identifying a health care service for information, get a clear idea of what you are in the market for, be it recovery from su...

Telehealth and mHealth Technology is Revolutionizing At-Home Medical Care The silver tsunami of Americans aging into 65 or more years puts additional strain on an already overtaxed US health care system which is running low on doctors, nurses, and caregivers. The surge in baby boomer seniors and ...

Passing on Family Values as Part of an Inheritance Successfully addressing and legally formalizing inheritance of family values and assets can be challenging, especially if parents wait too long to begin instilling family values. Undoubtedly the best time to teach and empower your children as eve...

Choosing a Wearable Medical Alert System You or a loved one recently had a stroke and is returning home after a long stay in the hospital and in-patient rehabilitation. The care providers assure you that you will be fine returning home, but you still worry. How can you make sure your parent is sa...

New Drug Therapy Gives Hope to Alzheimer's Prevention Researchers at the Lewis Katz School of Medicine at Temple University recently announced that pharmacological “chaperone therapy” can prevent Alzheimer's disease (AD) in mice. Alzheimer's is a chronic neurodegenerative disease that currently h...

Ways to Hold Title to Property For many people, real property, including their home, is a big part of their overall net worth. How the home and other pieces of real property is titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, lives...

Why a Living Will is Important A living will lays out your preferences for life-sustaining medical treatment.  It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will does not have s...

Understanding Gift Taxes Now that we have passed into a new year, many people will begin to think about making gifts to children and grandchildren in addition to holiday gifts just given.  These are typically larger gifts of cash or marketable securities.  When we make a gift of something to some...

The SECURE ACT of 2020 Congress has passed a bipartisan appropriations bill. In the contents of this spending bill is a piece of legislation known as the Setting Every Community Up for Retirement Enhancement Act (SECURE), the first significant change in retirement legislation since the Pension Pr...

Gray Divorce is Destroying the Lives of Older Americans Americans aged 50 or more are experiencing gray divorce more than ever. The term gray divorce generally refers to the baby boomer generation and affects all classes and education levels. Research shows that splitting during middle age is par...

Everyday Devices That Can Be Hacked The internet of things (IoT) is responsible for many conveniences via embedded electronic devices, and many seniors are making use of these technologies. It is becoming increasingly common for everyday items like refrigerators, thermostats, and doorbells to be ...

Gen Xers Retirement Planning & Longevity As Gen Xers enter into their 40s and 50s, it is time for them to become active in the creation and execution of their retirement planning. There are many things to consider, including finances, investments, insurance policies, legal documents, living arran...

A Guide for Elderly Parent Care Aging is something you cannot escape, and it affects all family systems. It can be challenging for adult children to imagine their parents as seniors and to understand and respond to the reality that each parent will age differently. Even if you are in the fortunat...

The Link Between Diet, Exercise & Alzheimer's Concerns about your memory or that of a loved one should never be ignored.  There are many resources available through a simple internet search, and professional associations that provide education and guidance through a maze of questions you may have...

Poor Financial Decisions May Be Indicative of Dementia Diminishing brain function due to the onset of dementia can lead to the destruction of your financial well-being. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings accounts, money mar...

5 Reasons to Rethink Your Retirement Investments Kiplinger.com is suggesting it is time to rethink your financial retirement portfolio. You may have built up a significant nest egg in a 401(k) plan, but it does come with serious baggage during your golden years. It is impossible to argue against ...

The Difference Between Medicare & Medicaid Most people who work in healthcare may recognize the acronym LASA, which stands for “look-alike-sound-alike” and is usually seen when referencing medications.   When it comes to federal programs, Medicaid and Medicare, in written form, look alike and the...

Pause Before You Sign that Nursing Home Contract Suppose your mother can no longer make decisions for herself and she now needs nursing-home care. You are stressed and anxious. The nursing home puts a twenty-page, single-spaced contract in front of you. You wish you could flip straight to the la...

Much attention over the last ten years has been given to the research for causes and treatment of Autism Spectrum Disorder, also known as ASD. The Combating Autism Act became a law in 2006, was reauthorized in 2011, then again reauthorized and renamed to Autism CARES Act in 2014 (Autism Collabora...

Medicare Coverage for Long Term Care Most people understand that by paying into Social Security throughout their careers, they can receive health care benefits through Medicare starting at age 65.  Individuals under age 65 who qualify to receive Social Security Disability benefits are also covere...

Many Wealthy Retirees are Too Scared to Spend While the US economy is in a cycle of more than ten years of economic growth, its citizens, even the “wealthy” ones, are worried about running out of cash and are scared to spend. Bloomberg.com is reporting many retirees, and near-retirees are sitting...