Should I Sell My House to My Children?
There’s a bit of common wisdom, an urban legend, really, that says selling your house to your kids is the best way to protect it when you go into a nursing home. There is a well-founded fear about losing your assets to Medicaid. However, there’s a lot of reasons why [...]
Does Your Spouse Need Long-Term Care Coverage?
Long-term care coverage can be a vital form of insurance to carry as you get older, but many times a married couple can’t afford to carry this coverage for both spouses. What are they to do in this case? You can never tell who is going to fall ill and [...]
Estate and Retirement Planning for Late-in-Life Parents
We’re living longer every day, and our changing culture and advancing science means that people are having children later than ever. This means that it’s more common each year to have older parents. These parents need to keep special considerations in mind when it comes to retirement and estate planning. [...]
Nursing Home vs. Assisted Living
It’s never an easy decision, placing your senior parent into a long-term care facility. Nobody wants to give up their home that they’ve put their whole life into, and face the fact that they need ongoing help with their daily living. Sometimes, however, it becomes necessary, and when this does [...]
Caring for Yourself While Caring for Your Aging Parent
Your parents took care of all of your needs when you were a child, and they guided you into the adult you are now. Isn’t it only fair that you take care of them as well when they begin to slip in their old age? After all, it’s not their [...]
4 Signs You Need to Discuss Long Term Care with Your Parents
Your parents have always been there for you, to help you in your darkest times. They’ve always been the most self-sufficient people you can imagine. Lately, however, they seem to be slipping. They’ve missed some bills, forgotten medication, and their mood seems to change at a moment’s notice. You’re concerned, [...]
Long Term Care Options for Seniors
When your senior loved one becomes unable to care for their own needs, you need to be able to ensure that they are properly cared for. Not everyone can quit their job or take the time needed to provide full-time care for an elderly parent, especially if that care requires [...]
How an Estate Planning Lawyer Can Keep Your Money in the Family
When you pass away, you want your assets to go to your heirs, not to government entities or creditors looking to put their hands into the pockets of your estate. Unfortunately, when people die, everyone in the world shows up with their palms up, looking for their cut. It’s important [...]