What is a Geriatric Care Manager?
Caring for an elderly loved one can take a lot of time and effort. While you strive to be there as much as possible for your loved one, it might not always be possible due to the demands of your own life. This is where a geriatric care manager might [...]
Preventing Issues with Medication
Medications are a lifeline for the elderly. Having the wrong or missed dosages, or even taking too much of a certain medication can cause serious issues. Here are some tips for keeping you or your loved ones on track and preventing issues with medication. Large Print Labels Reading glasses are [...]
Passing on Debt
A common question many seniors and their families have is if parental debt can be passed to adult children. The short answer to that question is no, as long as the adult children did not co-sign for the debt. Wanting to take care of the debt is understandable however. So [...]
Avoid Auto Pilot on Your Retirement Plan
The temptation to let all of your finances run themselves can be high after retirement. Fact of the matter is, you should never let your finances run on autopilot. Even if you think they are safe from market fluctuations or financial crisis, maybe your money is not doing all it can [...]
The Medicaid Gift Penalty
Something to be aware of when you or a loved one is applying for Medicaid is the Medicaid gift penalty. If you or your loved one has given a substantial gift to someone in what is called the lookback period they can be subject to a penalty that will suspend [...]
Maximize Your Social Security Benefits
Many retirees rely on Social Security as their main source of income in their retirement years. In order to do this, here are some tips to maximize your Social Security Benefits. Wait Until 65 While it might be tempting to start cashing in when you are first eligible for benefits, [...]
Investigating State Medicaid Laws Before Moving
While Medicaid is a federal program that every American may qualify for the program is administered by the states. This means if you or an elderly loved one are considering moving to another state, they may experience a change in their Medicaid benefits due to the move. Asset and Income [...]
Planning for the Future: Elder Financial Planning
The average age of Americans is rising. This means that since retirement fund are going to be used for a longer period of time, more care must be taken when planning for the future of the elderly. Rising Costs of Health Care One thing to look out for when doing [...]