Young adult children sometimes boomerang back to the safety of a parent’s home when money is tight, the going is tough or difficult times loom. Decades later, middle-aged children often become the safety net for their parents. For some aging parents, the right move is into their adult child’s home.
A simple blood test may soon be able to diagnose patients with two common forms of dementia – Alzheimer’s disease and frontotemporal dementia (FTD) – and tell the two apart.
Older drivers these days are keeping their licenses longer and logging more miles on their cars than in the past, according to the Insurance Institute for Highway Safety. Nevertheless, fatal crash rates do tend to increase considerably after age 70 and reach their peak among drivers 85 and older.
Long-term care providers could soon have access to a newly developed tool that can accurately predict the life expectancy of dementia patients.
When a loved one is experiencing cognitive decline, emotional and medical considerations often overshadow the financial planning that needs to happen. This is a potentially costly mistake.
What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills, write checks, make deposits, sell assets, or otherwise conduct your affairs. Unless you’re prepared, incapacity could devastate your family, exhaust your savings and undermine your financial, tax and estate planning strategies.
It should come as no surprise that where we are born, grow, live, work, play, and age can have a dramatic impact on our health.
Some of the most impactful work we do involves setting up financial protections for disabled individuals. Part of that process includes exploring federal income benefits,
Trusts can be a highly effective tool in nursing home planning. Certain types of trusts are effective even when a nursing home stay is imminent
The Medicaid definition of “income” comes from federal law and reads as follows: Income is “[a]nything a person receives either in cash or in kind that can be used to meet the person’s basic needs of food, clothing, or shelter.” [Read More]
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