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Wednesday, December 11, 2019

The Most Important Estate Planning Documents


Making sure you have the right estate planning documents is one of the simplest ways to have a positive impact on your family's future. Proper planning ensures that your wishes will be followed and that your family will have less to worry about after you are gone. 

Estate planning does not need to be difficult; a few documents can make a big difference. Here are the five legal documents, in order of priority, that everyone should have in place:

  • Durable Power of Attorney. This appoints one or more people to act for you on financial and legal matters in the event of your incapacity.

Read more . . .


Thursday, December 5, 2019

Five Tips for Starting Retirement Planning in your 50s


When it comes to retirement planning, many Americans find themselves underprepared. A majority of baby boomers (born between 1946 and 1964) and Generation X’ers (born between 1965 and 1978) often end up without retirement savings or don’t have realistic expectations about post-retirement costs. According to the Insured Retirement Institute, only 25 percent of boomers are confident of having sufficient savings in retirement.
Read more . . .


Wednesday, November 27, 2019

Medicare Premiums to Increase by Almost $10 a Month in 2020


After small or no increases the past couple of years, Medicare’s Part B premium will rise sharply in 2020. The basic monthly premium will increase $9.10, from $135.50 a month to $144.60.
Read more . . .


Wednesday, November 20, 2019

Five Estate Planning Myths


There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you. 

A properly crafted estate plan allows you, while you are still living, to ensure that your property will go to the people you want, in the way you want, and when you want. It permits you to save as much as possible on taxes, court costs and attorneys' fees; and it affords the comfort that your loved ones can mourn your loss without being simultaneously burdened with unnecessary red tape and financial confusion.

The following are some common myths that people have about estate planning:


Wednesday, October 30, 2019

Halloween Activities For All Ages including Seniors!


Halloween Activities & Treats for Seniors & Their Families

Halloween isn’t just for kids. It’s a great excuse for seniors to dress up, do some spooky crafts, and, of course, eat goodies. Preparing easy-to-make Halloween goodies is a great way for families to spend time with loved ones of all ages, and provide activities for seniors during a holiday we usually think of as child’s play.  So forget the tricks and head straight for the treats and have a fun time with your loved ones this Halloween! 

Here are some activities your senior loved ones can enjoy:

1.         Movie night:  What’s Halloween without a spooky movie? Here are some of our favorites that are fun for all ages:


Wednesday, October 9, 2019

Estate Planning for Blended Families


Ideally, when a second marriage joins two families together, it should be a joyous occasion that creates one bigger family unit. Unfortunately, it too often also creates inheritance fights between stepparents and children. A good estate plan is necessary to help avoid these types of family squabbles.

Complications can arise when two people who both have children from previous relationships marry. Married people typically leave everything to their spouse, so children from the previous relationship may now see their inheritance go to their stepparent, who may in turn leave it to his or her own children.
Read more . . .


Wednesday, October 2, 2019

Caregiver, Take Care of Yourself


Caregiving is hard.  Whether you are helping your spouse through a long-term illness or a child coming to terms with the fact that your mom and dad are aging, you are probably dealing with the mental, emotional, and physical side effects of caring for another person.

Often when we meet with caregivers, we are focused on finances and care arrangements and all the practical tasks involved in qualifying for Medicaid or making a move to a nursing home.  While our end goal is to provide peace of mind for families dealing with difficult transitions, the process is often full of to-do lists and deadlines.  We remind our caregiving clients, though, that it’s important to take care of yourself.
Read more . . .


Wednesday, September 25, 2019

Avoid Disagreements Between Your Power of Attorney Holder and Health Care Representative


A durable power of attorney and a health care representative are two very important estate planning documents. Both allow other people to make decisions for you in the event you are incapacitated. Because the individuals chosen will have to coordinate your care, it is important to pick two people who will get along.

A power of attorney allows a person you appoint -- your agent or "attorney-in-fact" -- to act in your place for financial purposes when and if you ever become incapacitated. A health care representative is a document that gives an agent the authority to make health care decisions for you if you are unable to communicate such decisions.
Read more . . .


Wednesday, September 18, 2019

How to Prevent Senior Fraud


Today’s blog is a re-post of a U.S. News article dated May 30, 2019 by Anthony Cirillo, a Contributor for U.
Read more . . .


Thursday, September 5, 2019

Will My Advance Directive Work in Another State?


Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent.

An advance directive gives instructions on the kind of medical care you would like to receive should you become unable to express your wishes yourself, and it often designates someone to make medical decisions for you. Each state has its own laws setting forth requirements for valid advance directives and health care proxies. For example, some states require two witnesses, other states require one witness, and some states do not require a witness at all.
Read more . . .


Wednesday, August 28, 2019

How Sleep Patterns Affect Your Overall Health


Getting a good night’s sleep is important for your overall health and your mood at any age. However, it can be particularly important in older adults.  Sleep problems in older adults are not uncommon. While the amount of sleep recommended for an older adult is the same – seven to nine hours each night – sleep can often be less deep and choppier than for those who are younger. Common problems include:

  • having trouble falling asleep
  • waking up frequently in the night or early morning
  • getting less quality sleep.
    Read more . . .


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