Each situation varies, but almost everyone can benefit from a Will and powers of attorney (POA). Then depending on your unique situation, other tools may be added as needed.
We frequently stress that having a simple will does not help loved ones until after you pass away. In the days, weeks or years that you might be unable to make decisions, you need to have proper documents in place to avoid the need for a guardianship.
For older Americans, falls are a leading cause of death. Falling becomes a serious concern as early as the 70s when bones start to become more brittle. Broken bones also take longer to heal. A fall can become the triggering event that leads to a loved one’s ultimate decline.
It is hard to believe that scam artists would be targeting elderly individuals over the holidays, but that is what happens. This blog post comes from a Facebook news feed story.
Creating a catchy title for federal legislation must be its own niche on Capitol Hill. The aptly named Senior$afe Act must have been coined by a financial planner.
In a recent post, we promised a follow up on Achieving a Better Life Experience (ABLE) accounts. These savings accounts allow those with disabilities to better plan for future needs without affecting disability benefit eligibility.
A comment from a recent press conference caught our attention. In discussing new grants designed to foster innovative ideas to improve life past 50, Governor John Hickelooper shared this line, "Some say, 'young people, they've cornered the market on innovation.' Not."
Talking about end-of-life issues is not a popular pastime, so it might not come as a surprise that many adults do not have advance directives expressing their end-of-life wishes. The scale is staggering however. A recent analysis by a researcher at the University of Pennsylvania put the number at nearly two in three American adults.
In Colorado, conservatorship allows a conservator/fiduciary to handle the financial matters of an incapacitated person, the protected person.
Medicaid provides health care insurance for 4.6 million seniors across the country, including long-term care costs. Most of these seniors also receive some medical benefits from joint enrollment in Medicare.