The National Research Center’s 2018 Community Assessment Survey of Older Adults was recently released, providing detailed responses that inform us about the needs and strengths of our Colorado elders. Key players like local government bodies, nonprofits, private entities and others will use the CASOA data to better target services for older community members.
As the media has widely reported, earlier this month U.S. Supreme Court Justice Ruth Bader Ginsberg fell in her office, breaking three ribs. At 85 years old, a fall raises concerns for an older patient’s physical and mental health as well as questions about whether her environment could be safer.
Many of the clients at our law firm come here because they are concerned about their aging parents. Problems can range from physical frailty to declining cognitive ability that can bring challenges in self-care and personal safety as well as open them up to other vulnerabilities.
Our founding attorney Marco Chayet serves on the board of directors of an important Denver nonprofit dedicated to the well-being of Colorado elders. In a previous post, we told you about the NextFifty Initiative, also called NFI, an organization dedicated to funding a variety of initiatives to improve the lives of Colorado seniors, defined as the second 50 years of life.
Why do schemes target the elderly? A variety of assumptions are often to blame. Those over 65 have the greatest accumulation of wealth, they are usually compassionate supporting many causes and they might not be as tech savvy.
One of our own, founding attorney and partner Marco Chayet, is proud to announce that he will be assuming an important new role as Board Chair of the NextFifty Initiative, an organization aimed at increasing the quality of life for Colorado's aging population.
Many Colorado residents may wonder if they are eligible for Medicaid if they own a home. The eligibility standards for Medicaid are specific, and certain assets are used to determine eligibility. An individual who applies for Medicaid is required to list their assets and provide documentation.
Taking care of somebody's personal finances in addition to your own can be an overwhelming endeavor. The very idea of managing money or property for a family member can be incredibly stressful. Nevertheless, millions of people in the United States act as fiduciaries for their parents or other loved ones when these family members are no longer able to make decisions for themselves. Fiduciaries often take on these responsibilities without any expertise or training.