Protecting Loved Ones From Funeral Debt How Much Do Funerals Cost? According to the National Funeral Directors Association, the national median cost of a funeral, including viewing and burial, was more than $8,000 as of 2023; for cremation, the median cost…
Takeaways Emotional wellness is critical, but often overlooked, for older adults in long-term care. Approaches that do not involve medications (e.g., gardening, reminiscence therapy, social activities, and technology) show promise in improving emotional well-being. Families can also play a vital…
Elder law addresses a broad range of legal issues affecting older adults. Attorneys specializing in elder law advocate for seniors and help craft legal plans that support better quality of life, including estate planning, retirement planning, Social Security, and long-term…
Key Takeaways Standard advance directives may not fully address the gradual cognitive decline experienced by Alzheimer’s patients, making dementia-specific directives essential. Dementia-specific directives allow individuals to express their medical care preferences at different stages of Alzheimer’s, supporting better decision-making for…
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 customised 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…