When a person passes away, their assets and property will be inherited by their loved ones. This can be a complex process depending on the size of the estate, the number of beneficiaries, and the types of assets, which can include sentimental items. Disputes over how an estate is distributed can become extremely contentious, as emotions are often running high. » Read More
As the average life expectancy increases, many seniors find that they do not have the resources to carry them through their retirement years. There are a number of federal and state government programs available to assist seniors in many respects. Knowing what programs exist and which they are eligible for can help seniors get access to valuable resources.
The Supplemental Security Income (SSI) benefit is available to seniors who have low income. » Read More
More than 16 million Americans care for a person with Alzheimer’s or another form of dementia. These caretakers can quickly become overwhelmed with the tasks of caring for an individual with deteriorating cognitive and physical health. By remembering the following suggestions, the caretakers of individuals with dementia can help better plan for the future.
Make Decisions in Advance
Knowing the desires of a loved one living with dementia is an important part of planning for their future. » Read More
An increasing amount of media attention has shed light on the growing problem of nursing home abuse in this country. Social media pictures of nursing home aides inappropriately using medical equipment or stories of staff members physically assaulting patients are not isolated incidents. Data indicates as many as five million seniors suffer some type of elder abuse each year. Preying on the physical or mental vulnerabilities of older individuals residing in nursing homes is one of the most disturbing types of elder abuse. » Read More
For seniors in need of long-term care, Medicaid can provide the funds necessary for nursing home or in-home healthcare expenses. Many families may fail to realize that by accepting Medicaid payments, their loved ones have opened up their assets to the Medicaid estate recovery process. Under the Medicaid rules, states may collect reimbursement for the costs of long-term care from the senior’s estate after they die. » Read More
A law was passed in 1993 to allow nursing homes to seek guardianship of elderly residents as a means to collect on debt accrued in providing care to the individual in question. The law was intended to address the lack of guardianship when it arose in cases where a resident became incapacitated and without a responsible family member or appointed representative to make financial decisions on their behalf. » Read More