by Allen L. Poucher, Jr | Aug 17, 2021 | Blog
Are you serving as a caregiver to an older or disabled family member? It can be an invaluable service to a loved one and a rewarding experience as well. Unfortunately, however, it can also come at a great cost. Those working as family caregivers often have to significantly reduce work hours or leave jobs in order to accommodate caregiving duties. With this significant loss of income, it may be important for caregivers to know their options...
by Allen L. Poucher, Jr | Jul 6, 2021 | Blog
Becoming more forgetful can be as natural a symptom of aging as gray hair. How do you decipher this forgetfulness from more serious symptoms of Alzheimer’s or another form of dementia that may require a greater level of care? Let us review warning signs your aging parent may need memory care soon. If your parent has been repeatedly asking the same question or losing his or her train of thought mid-sentence, this can be a warning sign. If your...
by Allen L. Poucher, Jr | Jun 23, 2021 | Blog
Nursing home care is often costly and can eat away at your aging mother’s life savings. With careful planning, did you know there are programs that may alleviate the cost, and there are financial planning strategies that can protect the bulk of her savings? It can be important to start planning early. Ideally, you would have at least five years to plan before nursing home care is needed. Even if you do not have that much time, it may not be too...
by Allen L. Poucher, Jr | Jun 1, 2021 | Blog
Do you have a great estate planning attorney? If so, you may think you are all set. Having an elder law attorney as part of your team, however, can be critical as you head into your golden years. Estate planning attorneys may be proficient at tax and inheritance matters, but they typically do not specialize in the other types of planning needed as you age. For issues like long-term care or nursing home planning, you may need to turn to an elder...
by Allen L. Poucher, Jr | Jan 26, 2021 | Blog
The decision to place a parent into a nursing home for full-time care can often be wrought with a range of emotions, including sadness, worry, stress, and guilt. On top of those emotions, there may also be an overwhelming concern about the cost of nursing home care and how those bills are going to be paid. Will you be on the hook for your parent’s nursing home bill if he or she cannot afford it? The short answer is: probably not, but you should...
