The spousal benefit can be a pretty confusing part of your Social Security benefits. For example, if you are a primary earner, but your low income earning spouse (who happens to be older than you) wishes to collect their spousal benefits based on your income they may not be able to. […]
Many seniors believe that they simply don’t have time to continue investing like they did earlier in life. This is simply not true. While it might take a little more finesse than in previous years there is plenty of time to let the money that you have work for you. Here are some tips for [...]
The VA offers many benefits for elderly veterans that they might not be aware that they are eligible for. One of them is the Aid and Attendance benefit. This benefit can help elderly vets and their spouses pay for care as they get older. […]
One of the hardest things to face with an elderly loved one is the decline of mental function. There are many diseases that can affect the normal cognitive functioning of a person including dimension or Alzheimer’s disease. Knowing the warning signs of these diseases can help you recognize when your elderly loved one needs help. [...]
If you are looking to come in to the Stano Group’s offices to have an elder planning discussion, you might want to prepare ahead of time. Here are some things to bring with you when you are ready to sit down to prepare your elder planning documents. A List of Names You are going to [...]
You may not have a legally set up health care proxy form. One of the reasons for this is that you may be aware that a hospital, upon admitting you, will allow you to sign a generic health care proxy form to cover any decisions that might need to be made if you are in [...]
One of the most debilitating things that face our elderly loved ones is a cognitive decline. While there is a normal amount of mental decline in seniors, diseases like dementia and Alzheimer’s are crippling and can leave a family facing serious financial decisions. Having a plan can prevent the making of hasty decisions in an [...]
One of the effects of estate planning is being able to avoid probate. Some people enter estate planning with the goal of avoiding probate. This process can be complicated and takes some time and energy. Before you decide that it is right for you, you may want to look at some things that avoiding probate [...]
You spend a lot of time protecting yourself and your loved ones from identity theft. Are you looking out for your loved one’s estate after they are gone? Unfortunately the deceased can be at high risk for identity theft. Reporting Delays The main reason that the deceased are an easy target for identity thieves is [...]
You may spend a lot of time thinking about having a will, but what does a will really do? It is a legally binding document that spells out the last wishes of the author upon their death. Here are some of the things that having a will can accomplish for you. Revoking Prior Wills The [...]