The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity. Rising housing and health care bills can also burden seniors on fixed, limited incomes.
Under Medicaid law, following the death of the Medicaid recipient a state must attempt to recover from his or her estate whatever benefits it paid for the recipient's care.
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
A nursing home resident's well-being depends on you advocating for them. Residents in nursing homes and other long-term care facilities are disproportionately affected by the flu, pneumonia, COVID-19, and other contagious diseases. According to the American Family Physician Journal, a…
The following tips may help you in your search for a home that meets your or a loved one's physical or developmental needs. The US Department of Housing and Urban Development (HUD) lists state and local government agencies and other organizations that…
As the number of baby boomers living alone increases, the number of family caregivers who can assist them is insufficient. The ratio of caregivers to care recipients has fallen and is projected to continue for the next forty years. According…
In estate planning and wealth transfer, people sometimes seek strategies that preserve their assets as well as provide them with financial benefits for life. One such strategy is the grantor-retained income trust (GRIT). GRITs offer a unique opportunity for individuals…
Your estate plan should be created with the help of a professional team to provide you with the best advice and legal documentation to ensure your legacy is protected for future generations. Aside from an estate planning attorney, who often…
Artificial intelligence tools are revolutionizing senior care. Health aides are needed to provide consistent and competent care to an aging population. In the United States, the healthcare industry employs over 4.5 million nursing aides, orderlies, home health aides, and personal…
The U.S. is undergoing demographic and cultural changes. The baby boomer generation continues to “gray” the country and is changing the way individual states set budgets and health care policies. More attention will be paid to the needs of people…