Tag: Elder Law
Early signs of the loss of a customer’s mental agility may be recognized by banking personnel. New federal legislation gives banks and financial institutions new tools to join in the efforts to halt the ever-growing problem of elder financial abuse, according to The Wall Street Journal in “Banks Monitor Older Customers for Cognitive Decline“. Financial […]
Some issues are not easy to approach for discussion. However, they are necessary. With holidays upon us, it is perhaps a good time to have a conversation with your parents about long-term care and other aging issues, according to News3LV in “Tough talks over turkey: Is it time to have “The Talk” with your parents?“. […]
Consider your planned lifestyle before retiring, in order to choose the right location. As retirement approaches, many people need to decide between remaining in their home of many years, downsizing to a smaller location or moving to a retirement community. However, many myths about retirement communities exist as well as truths that need to be […]
Decide where you want to locate and then study the opportunities and drawbacks. So, you are retiring. Where do you want to live? What’s the attraction? What is the cost of living? Taxes? Medical facilities? The list is long but there are some factors to look into that can be helpful in the decision making, […]
State laws oversee estates and those laws are rarely the same. Many people retire in the snowy north and head to the warm south for a few months each year. If that is your scenario, it would be wise to keep that estate plan current because state laws are not usually the same and your […]
How do you help you and your family in the next phase of life? You’ve taken care of your children from their infancy through their college years. What more should you do for them? While you are planning for your later years, you can also make things easier for them, according to The Christian Times […]
You cannot control the action of an adult child, but you can prepare for it. No matter how close family members may be, they do not always agree with your viewpoints and that can create some real problems in later years. However, those problems can be avoided, according to “Aging parents can protect against unwanted […]
Laws vary from state to state, so it would be wise to consult with an estate planning attorney on where you stand legally. Many people who retire prefer to reside in a warmer climate in the winter if they reside in a colder climate the rest of the year. However, before they head south, it […]
Mistakes are easy to make when it comes to your benefits so approach the issue carefully. A person in the U.S. works to earn Social Security benefits. It would be a good idea to approach decisions on your benefits carefully, according to the Independent Record in “Don’t Make These 4 Big Social Security Mistakes“. First, check […]
It doesn’t just kick in. You have some work to make it happen. Retirement is a general word that includes Medicare, Social Security and many other retirement options and those can become challenging and confusing, according to newsok.com in “The ABCs (And D’s) of Medicare and other retirement questions answered“. Both Social Security and Medicare […]
