Going Deaf May Cause Depression
The findings from a ten-year study by the Journal of the America Medical Association (JAMA) reports of a link between hearing loss and health risks. The risks include a 50 percent greater risk of dementia, a 40 percent greater risk of developing depression and nearly a 30 percent higher risk for unintended falls. Reuters Health […]
The Problem with Gift-Giving on Medicaid
Mabel’s children were concerned that Mabel would need long-term nursing-home care in the near future. It was the holidays, and Mabel always got a lot of joy out of generosity. But her children had heard that people in Mabel’s circumstances should not give gifts. The concern is real. For Medicaid to cover the huge expense […]
The Aging Middle Class Has Been Forgotten
As we age, simple things we took for granted as kids become more difficult — and more expensive. That’s a truth all of us know. What you may not realize is that the aging middle class will face unique difficulties going forward. The private market offers options for assisted living, but at a price too […]
Challenges with Aging in Place
According to AARP aging in place is a goal for 3 out of 4 Americans aged 50 or more. These seniors and near seniors are willing to employ alternative solutions to facilitate this. The alternatives include home-sharing (32%), building an additional or accessory dwelling unit (31%) and locating into villages that provide services which enable […]
Resident Security Upgrades for Senior Living Facilities
Technology is a rapidly changing industry. Advances in technology bring are constantly changing the way we live our lives and seniors are no different. There are a variety of new options emerging in security technology that can improve resident security in senior living. Many things that have long been used in security for senior living […]
How to Avoid These Common Online Scams
The online world is rife with scams, and the number of people in the online world makes it a target-rich environment for scammers. Seniors and near seniors should be aware of some of the more common attacks aimed to gain access to your money as well as identity. If you have social media accounts, email, […]
The Problem with Joint Bank Accounts
Here’s an idea that sounds better than it is: Put children’s names on the parent’s bank account. That way, children can sign checks if parents can’t pay bills when they become ill. When the parents pass, the money goes directly to the children with no court involved. Simple. Simple does not mean good, however. Joint […]
Estate Planning for Military Families
Estate Planning for Military Families No matter the time of year, it is always a good opportunity for members of the military and their loved ones to consider setting up — or revising an existing —estate plan. Military families need to consider special estate-planning issues that others do not. This is particularly true when one […]
Top 5 Budgeting Tips for Seniors
Money is one of life’s biggest concerns. People of all ages struggle to stretch their dollars to meet their needs and wants. Many seniors live on a fixed income and are presented with more challenges in making ends meet. Creating a budget can help seniors plan how to use the money they have to pay […]
Preserving Quality in End-of-Life Planning
We, lawyers, prepare powers-of-attorney documents so that when our clients can no longer act for themselves, the documents will convey on other trusted people the authority to act on our clients’ behalf. But when it comes to the actual use of those documents at the time of a health-care crisis, clear and powerful documents are […]