What Are the Drawbacks of Naming Beneficiaries?
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.
When Does Someone Need Financial Guardianship?
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
Innovative Long-Term Care Housing Solutions for Seniors
America has three major housing issues for seniors: affordability, physical accessibility, and access to medical care and other services. There is a need for creative solutions to housing.
The Consequences of Not Paying Your Property Taxes
Many seniors wish to leave their home to their heirs. However, they may often lose track of their finances and fail to pay certain obligations, such as their property taxes.
An Epidemic: Substance Abuse a Growing Problem Among Seniors
More and more seniors are facing a substance use disorder problem that in large part has remained silent.
On Medicare? What You’ll Pay for Now That the PHE Has Ended
The COVID-19 Public Health Emergency offically ended in May 2023. Certain policies that were implemented in early 2020 during the PHE will now expire.
Some States Testing Out Medicaid Coverage for Healthy Food
Under a federal pilot program, a number of states are using Medicaid funds to cover healthy food costs for Medicaid recipients.
Is “Aging in Place” Right for Me?
For those who wish to maintain their independence and continue living at home as they grow older, taking certain steps to protect their physical, mental, and financial welfare is essential.
Will Robotics and AI Be the Future of Elder Care?
Innovations in robotics and artificial intelligence may have the potential to provide support on this front, allowing seniors to continue living at home as they age.
Why You Should Designate Beneficiaries
A crucial, yet often overlooked, component of estate planning is reviewing assets, such as 401(k)s, pensions, and savings accounts, and ensuring you have listed a beneficiary for each of these.