Many wartime veterans and their surviving spouses are currently receiving long-term care or will need some type of long-term care in the near future. The Veterans Administration has funds that are available to help pay for this care, yet many families are not even aware that these benefits exist.
. . . → Read More: VA Benefits For Long-Term Care of Veterans and Their Surviving Spouses
With people living longer due to advances in medicine and changes in lifestyle, odds are that most of us will become disabled for some time before we die and may need long-term care. Unfortunately, too few plan for an event that is more likely to be a probability than a possibility—and the consequences of not planning . . . → Read More: Planning For Incapacity and Long-Term Care
While estate planning is important for everyone, women especially need to understand estate planning and have a plan of their own in place. Here are some issues that are of particular interest to women and their estate planning.
Incapacity. Because women, on average, live longer than men, there is an increased need to plan for physical and/or . . . → Read More: Estate Planning for Women
One area that is often overlooked in the divorce process is the need to update estate planning. Most people would agree that their ex-spouse is the last person they want to inherit their assets when they die—or to make life and death decisions for them. But that is exactly what can happen – and often does . . . → Read More: Estate Planning During and After Divorce
From time to time, it’s good to review why having a complete, up-to-date estate plan is so important. So, here are five common estate planning mistakes to avoid.
1. Not having a plan. Every state has laws for distributing the property of someone who dies without an estate plan, but not very many people would be . . . → Read More: 5 Common Estate Planning Mistakes to Avoid
March 31, 2012 marked the seventh anniversary of the death of Terri Schiavo, the 41-year-old who died after her feeding tube was removed as part of a very public legal battle between her husband and parents.
As you may recall, Terri Schiavo was in a coma for nearly 15 years after she suffered cardiac arrest and sustained . . . → Read More: Advance Directives/Living Wills are a Critical Component of Estate Planning
In first marriages, couples generally have the same goals when it comes to their estate planning: take care of the surviving spouse for as long as he or she lives, then whatever is left will go to the children. They may own many of their assets jointly and, at the death of the first spouse, more . . . → Read More: Estate Planning for Second Marriage
You may be interested in the April 25th article in Forbes entitled “7 Major Errors in Estate Planning.” This is a no-nonsense list of mistakes which we see and discuss with clients daily:
1. Not having a plan.
2. Using online documents or do-it-yourself documents rather than a professional.
3. Failing to review beneficiary designations and/or titling of property.
4. . . . → Read More: 7 Major Errors in Estate Planning
With virtually no effective treatment for Alzheimer’s Disease yet, most dementia therapy is the caregiving by families and nursing homes. There’s actually better evidence and more significant results in caregiver interventions than any treatment for the disease.
New research out of the University of Iowa suggests emotion persists after cognition deteriorates. Care techniques directed at . . . → Read More: Developments in Alzheimer’s Care
The Eldercare Locator is a service of the U.S. Administration on Aging. It’s been around for nearly 20 years. Its toll free number is 800-677-1116. Its website is www.eldercare.gov. It provides information about long-term care alternatives, transportation options, caregiver issues and government benefit eligibility. This information is also available in Spanish and other languages. There is . . . → Read More: Eldercare Locator – A Free, Public Service For Connecting Older Adults and Caregivers with Community Resources