Americans are living longer than ever before, and as the millions of baby boomers reach retirement age, more and more people are spending time caring for an elderly family member. Many of the elder care tasks they perform are relatively minor, such as providing transportation or performing household chores, but even simple tasks can be stressful. That stress can turn what should be a helpful relationship into a damaging one. Caregiving or Caretaking Providing elder care as a caregiver is a … [Read more...] about Elder Care Relationships Can Hurt Your Health
Elder Law
Other Housing Options to Consider When Planning for Long Term Care
As an elderly family member continues to age, her needs will change. She may need help around the house; and, at some point, may begin need long term care assistance. While many people consider options such as independent living facilities, nursing homes, and assisted living facilities, there are also other options to consider. Depending upon your loved one’s needs, she may be able to take advantage of other opportunities. Take a look at the information below, to better understand some other … [Read more...] about Other Housing Options to Consider When Planning for Long Term Care
Sick and Old: Boomers Reach Retirement
Even though baby boomers have benefited from growing up during one of the largest industrial expansions in the history of the world, and saw the rise of advanced medical technologies, they are becoming increasingly sick as they reach retirement age. A recent study published in the Journal of the American Medical Association Internal Medicine says that baby boomers, though they’re living longer, are much more prone to chronic diseases such as high blood pressure, diabetes, and high cholesterol … [Read more...] about Sick and Old: Boomers Reach Retirement
Elder Law Tips
A lot of people do no realize that they the assistance of an elder law attorney until it is too late. Elder law is not a commonly encountered area of the law for many people, and many of those people do not know what it is all about. To help give you a better understanding of what elder law is and how it might play a role in your life, we have developed this brief list of tips. Tip 1. Elder law is a broad topic. Everyone goes through changes as they age. Young people going into the workforce for … [Read more...] about Elder Law Tips
Ohio Veteran Faces Eviction by Daughter
A recent story out of Ohio shows the dangers that many people, including veterans, face when they decide to hand over power of attorney to those who might abuse it. John Potter, a 91-year-old Ohio man, gave general power of attorney to his daughter after Mr. Potter’s wife died in 2004. Sometime between 2004 and 2010, his daughter transferred the deed of his home to herself. After learning about the transfer, Mr. Potter decided to fire his daughter as his agent and name his granddaughter as his … [Read more...] about Ohio Veteran Faces Eviction by Daughter
Elder Care Rising
If you have an elderly relative or family member, the chances that you will provide some kind of elder care service are increasing. According to a recent survey from the Pew Internet and American Life Project, nearly 40% of adults provided some kind of elder care services in 2013. That’s nearly 2 out of every 5 people, and it represents a significant increase from the 30% that were providing such care only three years ago in 2010. The study reveals that about 40% of men and 37% of women have … [Read more...] about Elder Care Rising
Why You Need to Talk About Estate Planning With Your Parents
If you have begun looking into the estate planning process for yourself, you might want to give some serious thought to talking about the subject with your parents. Most people never bother to create an estate plan, and while you won’t be around to know if your plans were successful or not, your efforts will affect your family. For those same reasons, knowing whether your parents have begun estate planning or not is important because you need to know what kind of problems you might have to deal … [Read more...] about Why You Need to Talk About Estate Planning With Your Parents
More Baby Boomers Being Scammed
If you are reaching retirement age or will in the near future, protecting your finances against unexpected expenses and the possibility of needing long-term care are essential parts of any retirement and estate plan. But what you may not realize is that you will also need to protect yourself against the possibility that someone out there will try to steal, rob, or scam you out of your money. America is aging rapidly, and it’s estimated that in less than 50 years there will be 90 million … [Read more...] about More Baby Boomers Being Scammed
As Parents Age, Consider Different Levels of Elder Care
Americans continue to get older, and more and more adult Americans with elderly parents are confronting the issue of providing regular assistance to help their parents meet the difficulties of aging. There is no one right or wrong answer to the question of how much assistance your parents might need, but there are alternatives to full time nursing home or assisted living care facilities. If your aging parent needs assistance, there are several potential avenues you might consider. Financial … [Read more...] about As Parents Age, Consider Different Levels of Elder Care
Getting Aging Parents to Warm to Estate Planning
As more and more baby boomers develop estate plans some are coming to the realization that their elderly parents have made no plans at all. While no one is legally obligated to create any type of estate plan, not having one can impose serious hardships for your family. Yet even if your elderly parents are aware of this fact they may still be hesitant to begin their own planning efforts. If you are having trouble speaking to them about it or convincing them to begin planning, there are a couple … [Read more...] about Getting Aging Parents to Warm to Estate Planning
