A discretionary trust protects inherited assets from creditors, predators, and divorcing spouses by placing them under the control of a trustee, not the beneficiary. These trusts can be tailored to your specifications, allowing the trustee to provide funds to your…
Many older Americans are willing and able to work, however, in April 2020 the unemployment rate for eligible workers 55 and older increased to 13.6 percent. COVID-19 restrictions and associated layoffs account for some unemployment increases, but so does the…
If your estate plan is all set, it will be taking care of your home, savings, and investments, making sure that your family will get those valuable estate items fairly and efficiently. Your plan will also protect your legacy from…
The name can be misleading as professional geriatric care managers tend to a senior's unique health care situation needs rather than being responsive to a particular age. The truth is aging is a complex, highly individualized process, and a geriatric…
Because of the dramatic slowdown of COVID-19 infections and deaths along with the US vaccination program, the Centers for Medicare and Medicaid (CMS), in conjunction with the Centers for Disease Control and Prevention (CDC) are permitting the ease of visitation…
Although there are some positives to owning a property with the family such as letting you pass on the asset without going through probate, there are several risks, including taxes, creditor exposure, and loss of control. So when dealing with…
Today, there is an entire senior industry built around responses and preventative measures to protect older people from falling, and with good reason. According to the National Council on Aging Falls Prevention Facts, “falls remain the leading cause of fatal…
Concerns for you or a loved one about memory should never be ignored. There are many resources available through a simple internet search, and professional associations that provide education and guidance through a maze of questions you may have regarding…
“Do I need a trust?” is question we hear often. Read on for information to help figure out whether you need a trust and, if so, what kind fits your specific situation. For example, maybe you have a disabled child,…
The new Biden Administration has the possibility of bringing significant changes to the current landscape for older Americans. Biden has outlined what he would like to accomplish for older Americans, and this article is intended to summarize some of those…