Warning Signs Your Aging Parent May Need Memory Care Soon

Warning Signs Your Aging Parent May Need Memory Care Soon

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...
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...
Why Your Parents Need a Durable Power of Attorney

Why Your Parents Need a Durable Power of Attorney

Did you know that having a durable power of attorney can be extremely useful for you and your loved ones? A power of attorney grants another person the legal authority to make decisions on your behalf. There may be many circumstances in which you might become unable to make financial or legal decisions on your own behalf, whether due to illness or absence. Having a power of attorney included in your estate plan allows someone you trust to do so...
Why Your Aging Parent Needs a Power of Attorney NOW

Why Your Aging Parent Needs a Power of Attorney NOW

Have you heard that one of the most important estate planning documents may be the durable power of attorney? This document can give a trusted adult the ability to manage the affairs of another, should that individual become incapacitated. If there is not a valid power of attorney in place before becoming incapacitated, then the court may appoint a guardian for the individual, and it may not be who the incapacitated person would have...