People are living much longer in the modern era. Advancements in medical treatments and technologies mean that people nearing retirement age will likely enjoy 20 to 30 more years of life. However, these Baby Boomers need to plan properly. About 70% of Americans age 65...
Month: June 2020
4 Common misconceptions about estate planning
While there is a great deal of misinformation surrounding estate planning, the fact of the matter is everyone could benefit from having an end-of-life plan in place. Without one, state laws will dictate what happens to all of your belongings – and how much of your...
Essential tips for finding the right nursing home
For many, the notion of having to live in a long-term care facility is a troubling thought. But as difficult as the decision is, considering your future care needs in advance can provide you with valuable time to research different options and find the best match for...
National COSH release guidelines for safe and just return to work
In an effort to control the spread of coronavirus, governors across the country issued shelter-in-place orders for their communities. As workers return to their jobs after months of quarantine, many expect to find increased safety and prevention measures to keep them...
4 Signs that an aging parent may need long-term care
Few decisions are harder than choosing whether or not you need to place an aging parent into a long-term care facility. Unfortunately, for many, the scenario is unavoidable. A person turning 65 today has a 70% chance of needing some form of long-term care, and 20%...
Don’t forget to include your pet in your estate plan
No one wants to plan for their end of life, but it’s a necessary evil if you want some say in what happens should you die or become incapacitated. After you pass on, an estate plan isn’t so much for you as it is for your family and loved ones– and that includes your...
What happens if you die without an estate plan?
You might not think you need an estate plan. Maybe you are uncomfortable thinking about death currently in your life. Maybe you don’t have many assets to give your family after your death. Maybe you simply expect your spouse to get everything. No matter the reason,...
Can a nursing home take my stimulus check?
It can be stressful to place a loved one in a long-term facility or nursing home. And no family wants to discover that the facility in charge of your loved one's care is trying to scam them of their stimulus check. In the wake of COVID-19, the government has issued...
How to talk to your spouse about entering long-term care
If your spouse’s health has deteriorated to the point that you no longer feel confident in your competence as a caretaker, it may be time to have a hard conversation about long-term care options. It’s a difficult moment in any relationship. You may feel incredibly...
Making plans to keep you out of a nursing home
When asked, most people agree that they want to avoid living in a nursing home or other long-term care facility as long as possible. The majority of seniors prefer to stay in their homes to maintain their privacy and dignity. Their home may also contain many happy...