Your recently retired mother and father do not need nursing home care, but they do have health conditions that dig into their retirement and personal savings. Have you all talked about how to reduce these costs without sacrificing the quality of care your parents receive? Health.com offers strategies you may find useful. Keep rising medical costs from ruining your parents’ financial health. Make the most of Read More
Factors to consider when choosing an estate executor
Estate planning is not reserved for those who are getting ready to retire or making their end of life plans. People should consider creating a last will and testament earlier in life, as they can always go back and revise their choices as life progresses. The last will and testament includes critical information regarding guardianships, lists of property and assets and names of beneficiaries. Yet, one of the most Read More
What aspect of special needs planning do people often overlook?
When planning for the future of your special needs child, you have to think about what will happen after you are gone. You make arrangements to financially support your child and ensure that he or she has somewhere safe to live. However, what many parents overlook is a support system for their child. Right now, you probably have a lot of people in your life and with whom your child interacts. After your death, Read More
Demystifying Medicaid: What do the different programs cover?
With the current public health crisis, long-term care is more front-of-mind for the average American than it ever has been before. Is long-term care currently part of your estate plan? Have you considered what your preference is for receiving treatments for a potentially chronic or life-threatening illness? Where do you want to spend your final days, when you require extra physical and medical support? For many, Read More
What is the best way to open a discussion about long-term care?
While you acknowledge the private nature of planning long-term care, you may feel concerned that your parents in Georgia are unable to see the value of developing such a plan. Out of genuine concern for their well-being and with a desire to provide for their needs as comfortably as possible, you may wonder how to bring up the topic of long-term care. The way you approach the topic of planning for long-term care needs Read More
What do you know about paying for nursing home costs?
You have avoided thinking about it, but your aging parents may soon need long-term care. Do you have a plan to pay for quality care? U.S. News & World Report gives insight into ways to cover nursing home costs. Learn how to provide for your loved ones without spending more than necessary. Consider assisted living Depending on the level of care your parents need, they could be good candidates for assisted living Read More
Maintaining control over the guardian selection process
As you begin the estate planning process in earnest, it is important to remember that you are planning for more than just what will happen with your assets and properties when you die. You also need to consider the handling of your personal affairs (if needed) as you enter into your elder years. Sometimes this need goes beyond granting someone power of attorney to considering the selection of a guardian. Many of our Read More
What should I know about nursing homes?
Choosing a nursing home for a parent is a challenging task. There is a lot of information you should know about these homes, and getting the information you need to know is harder than you might expect. The right information can make the difference in choosing a home that is safe for your loved one. There are more than one million people living in a nursing home. These people are all vulnerable to the staff and care Read More
Legal considerations for a loved one with dementia
Caring for an aging loved one is often an emotional experience. Aging often comes with a loss of memory, which can be devastating for families and confusing for seniors. It becomes even more complicated with legal matters, as a diagnosis of dementia or Alzheimer’s can render an individual legally incompetent in the eyes of the law. A study on memory loss recently discovered that Alzheimer’s can begin to change one’s Read More
Careful planning needed with special needs trusts
As a parent of a special needs child, you worry. For their entire lives, you have taken care of him or her physically, emotionally and financially. But what will happen if your child outlives you? When you are no longer there, who will step in to fulfill those needs you provided? And how will they be able to do that? One answer is a special needs trust, which is an essential part of an estate plan. This trust Read More




