Don’t Let Mom Lose Her Life Savings to a Nursing Home

Don’t Let Mom Lose Her Life Savings to a Nursing Home

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...
Why You Need an Elder Law Attorney in Addition to an Estate Planning Attorney

Why You Need an Elder Law Attorney in Addition to an Estate Planning Attorney

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...
Three Technology Tips for Seniors

Three Technology Tips for Seniors

During the Covid-19 pandemic, have you considered that many senior citizens have come to rely on using technology to stay connected to friends and family? Now, even after being vaccinated, seniors may find that continuing to keep abreast of new technology to keep in touch with loved ones may be an important tool for the future. Let us take a look at three technology tips for seniors to use moving forward. Make Sure You are Secure. Prior to...
Will I Need To Pay My Parent’s Nursing Home Bill?

Will I Need To Pay My Parent’s Nursing Home Bill?

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...