What to Know about Senior Living
If you or an elderly loved one are looking into moving into an assisted living facility or are planning on having in home care, you need to have an understanding of the levels of care and options that are available to you. Taking time to do the proper research can [...]
Retirement Planning for Singles
Divorced or never been married? The reason why you may be approaching retirement single doesn’t matter. Being single is still not an excuse to skip having a retirement plan. Retirement planning can be more challenging and crucial for single folks. Here are some tips for planning your retirement own your [...]
Medicaid Application Strategies
The costs of long term care can be overwhelming. Nursing homes can cost many thousands of dollars a month which can deplete an elderly person’s resources very quickly. One source of help can be Medicaid. In order qualify for Medicaid a certain income threshold must be met. Here are some [...]
Video Games: Not Just for Kids
Ever wonder what the big fuss over playing video games was? Well now might be a good time to find out. Several studies that have been done recently have detailed the benefits of playing video games by the elderly. Brain and Cognitive Improvements A team at the University of California, [...]
Being Prepared for a Medical Emergency
The chance of something serious and health related occurring as we age increases. If you have are a senior or have a loved one who is elderly and living alone, you may want to make sure they are prepared for a medical emergency. The importance of these preparations only increases [...]
A Will Protect Your Loved Ones as Well As you
While we have stated over and over again how important a will is to protect you and your assets, one thing that bears mentioning is the fact that a will can protect your loved ones as well. Not having a will can cause many legal problems for your surviving loved [...]
Forget the Trust, Just Sign a Will
Having a trust may seem like a good idea for you to have a say on how your assets are going to be distributed after death. However, in some cases, having a trust may not be the best of ideas. Here are some reasons why you may want to have [...]
Splitting a Revocable Trust
Many couples may consider setting up a revocable trust in order to protect assets when one spouse dies before the other. Splitting the trust upon the death of one spouse is good for other situations as well. Here are some reasons that you may wish to split your trust upon [...]