Tag: Elder Law
I’m always saddened by the stories of people who have been swindled. But there’s something even more despicable when scammers go after senior citizens, who don’t have as much time as younger victims to make up for lost money. It’s a sad reality that crooks seek out vulnerable older individuals who might be more easily […]
Many older people moving into a nursing home or retirement community are experiencing cognitive decline. In legal terms, they no longer have the capacity to make financial or medical decisions for themselves. So a trusted person—usually an adult child—will sign the entrance contract on their behalf as power of attorney. There tends to be a […]
[Glen Campbell’s wife] Kim Campbell told The Associated Press in an email Thursday that the 78-year-old’s Alzheimer’s disease has progressed to the point that he needs access to medical care 24 hours a day. When Alzheimer’s strikes, the decision of how to care for a loved one can be increasingly challenging as the disease progresses. […]
The public battle — always emotional and sometimes bizarre — began in October 2013 when daughters Julie and Kerri led a protest outside of Kasem’s Los Angeles mansion, holding signs demanding that their stepmom let them see their ailing father. With celebrity life comes a lot of media attention, and with that attention comes the […]
A proper Caregiver Agreement is essential when a loved one or friend wants to pay you to provide assistance and care for them. Here is a link to an article in which Michael J. Amoruso, Esq., Managing Partner of Amoruso & Amoruso LLP in Westchester County, NY and Howard S. Krooks, Esq., Of Counsel to […]
Around 60 percent of those surveyed described themselves as “terrified” of what health care costs could potentially do to their retirement plans. But one thing they did not do was turn to their financial advisors for help with this issue. In fact, a solid majority – 59 percent – of the respondents said that most […]
Many people spend years planning for retirement and think they have it all figured out, until they actually retire. Think you got your retirement all figured out? Just to be sure, review these retirement myths to get the real deal on your golden years. You’ll probably retire earlier than expected. Although this sounds like a […]
Should you give your heirs gifts now? Or wait? Ultimately, there’s no “right” answer. This is a personal choice. Scenario: You have decided to make gifts to your heirs, but you are stuck on the timeline of it all. Will you give now while you are still here? Or will you plan to leave the […]
Sometimes we have to think about the not-so-fun things so we can enjoy the fun ones. Who wants to talk about money? How about planning? These topics may not be on your list of fun conversation starters. An article on kjrh.com explores some grownup topics most of us would rather put off until sometime later. […]
Although death planning can be emotionally vexing, it is essential for families and survivors. They may not know your true intentions without written directives. By the time the will is read or estate plan executed, it will be too late. Planning for your final years is hard. It’s not an easy or fun subject to […]
