In the United States, Medicare home health providers, including occupational, speech, and physical therapists, social workers, and intermittent skilled nurses, have adopted a new refrain: "Your husband (or whomever) is not going to get better, so we will have to…
Frequently called a living will, an advance health care directive specifies what action you want medical professionals to take in the event that you are incapacitated. A living will is crucial for all adults because accidents or a sudden onset…
In 2023, there will be the highest (COLA) in decades and a reduction in Medicare Part B premiums. It is being touted as a win for the American people. According to the Social Security Administration, there will be an 8.7…
Estate planning and elder law differ from each other when it comes to planning for your future financial affairs and health care needs. Estate planning and elder law also have some similarities. Even though these two types of law are…
There will be more care needs as baby boomers enter their golden years. Some may be able to get the care they need at home from a family member or in the form of hired help. Many will need to…
Planning for long-term care is crucial since almost everyone will need it at some point in their lives. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial…
When it comes to inheritances and Medicaid, mistakes can be made, and those mistakes can be costly. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully…
Many financial experts believe that waiting until your aging parent is in cognitive decline to talk finance is a mistake. It will take time to gather all the information you need for a complete financial assessment of their aging needs.…
Elder law and estate planning are similar in concern, but they have significant differences. The Concerns are Similar No matter what age we’re in, life can deliver some hard knocks. Hope for the best, but plan for the worst. We…
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…