Senior woman contemplating

Now I am 86 and almost blind. I cannot read the bills that come in the mail nor sign my own checks. I must be escorted to medical appointments. My busy children are kind beyond measure, but I am uncomfortable in these situations. And being uncomfortable makes me sharp and unpleasant. The challenges of living […]

senior couple talking

If you’re handling the finances for an older family member or are about to do so, some sticky challenges can pop up quicker than you think. Managing your personal finances can be a challenge. But what if you had to manage money for someone else? Managing the finances of a loved one is a far […]

Finger Pressing Button on Calculator

The nation’s elderly and disabled Social Security recipients will receive a 1.5 percent increase in payments in 2014. The same COLA will apply to pensions for federal government retirees and most veterans. According to recent news from the Social Security Administration, the Cost Of Living Adjustment (COLA) made to Social Security payments will increase 1.5% […]

senior couple talking

Millions of Americans are managing money or property for a loved one who is unable to pay bills or make financial decisions. This can be very overwhelming. But, it’s also a great opportunity to help someone you care about, and protect them from scams and fraud. Handling finances can be tricky for yourself alone.  So […]

Doctor Examining an Elderly Patient

My mother went from private pay to Medicaid pay in her nursing home January 1, 2013. She now has zero money and all of her Social Security goes to the nursing home … Should I sell [her] home and effectively turn all of the assets over for her care or wait until her death, at […]

Woman with Headache

“I know adult stepchildren who step up in every sense of the word, but for most of these women, disagreements with stepchildren was the most stressful aspect of providing care for the husband.” Blended families are becoming more and more common these days, making the “modern family” a bit complicated at times. Whether following a […]

Elderly lady typing on laptop

Open enrollment for the Medicare Part D Drug plans started on October 15th. You have until December 7th to determine which is the best plan for you in 2014 and make the needed change. It could save you hundreds or thousands of dollars. It is Medicare Open Enrollment time once again. Be sure not to […]

hospital direction

Most of the time, patients who have advance directives — somewhere — and don’t bring them to the hospital have simply left them at home. But lawyers’ offices and safe deposit boxes are also popular locations. All of which are useless if a person can’t direct his own care, or if family members are at […]

Mature couple with laptop

“Family members are already on emotional overload—adding a financial and legal decision aspect to what they’re already going through is enormous,” said Carol Steinberg, president of Alzheimer’s Foundation of America, a national nonprofit focused on the care and needs of people with the disease. “Therefore, the more decisions made earlier on and with the input […]

question mark

Medicare’s open enrollment season begins Tuesday October 15. Making the right choices might save you, or your parents, hundreds or thousands of dollars. Medicare open enrollment period began as of October 15, and beneficiaries have until December 7 to find the right plan and sign up. Since this year is no typical enrollment period, make […]