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How Much Money Is Needed for Long-Term Care?

You have a few options when it comes to affording the whopping expense that is long-term care.

Posted on: February 25, 2020

How is a Guardianship Determined?

Although various degrees of control may accompany a limited guardianship, our discussion here applies to a general guardianship, which includes full control of an individual’s person and property.

Posted on: February 24, 2020

The Need for Long-Term Care Insurance

Healthcare is a major expense for seniors, so much so that recent estimates put the average cost of it at $387,644 throughout retirement for the typical 65-year-old couple retiring today. While that figure may seem astronomical, it actually doesn't account for a related expense that many seniors will inevitably face: long-term care.

Posted on: February 19, 2020

When Do I Need an Elder Law Attorney?

Elder law issues can be complex. One wrong word or move can mean the difference between a good result and disaster should you become incapacitated or if other unexpected issues should occur in your senior years. An elder law attorney can help you plan for what will happen, if you should become mentally or physically incapable of taking care of yourself and your own personal business matters.

Posted on: February 14, 2020

Should I Purchase Long-Term Care Insurance?

If you’re fortunate, you’ll live independently and in good health throughout your retirement years. However, if you ever needed some type of long-term care, such as a stay in a nursing home, would you be financially prepared?

Posted on: February 13, 2020

Protecting Adult Children with Disabilities

Adults with disabilities are living much longer than in the past, which means their aging parents must plan for the day when their dependent children outlive them.

Posted on: February 6, 2020

Do I Need Long-Term Care and Why?

Long-term care, often called custodial care, is a range of services and support to meet health or personal care needs over an extended period of time. This is non-medical care provided by non-licensed caregivers.

Posted on: February 3, 2020

Life Insurance Is a Good Estate Planning Tool but Needs to Be Done Carefully

Life insurance may play a vital role in an estate plan, because insurance proceeds can be counted on to provide liquidity when it’s needed.

Posted on: January 21, 2020

Special Needs Planning is a Lifelong Event

Linda Smyth has spent more than 20 years fighting her way through a complicated maze of paperwork, assessments and denials in the attempt to secure services for her son, who is on the autism spectrum.

Posted on: December 26, 2019

What Should I Keep in Mind, When I Remarry?

When you remarry, you're not only combining residences with your new spouse, you're also merging your finances. If you have children, it may involve some financial-related stress. For instance, you might need to factor in child support payments or consider whether your new marriage will impact your children's inheritance.

Posted on: December 12, 2019