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Caregiving is about more than just tending to the physical needs of an elderly parent. If your parent is also dealing with dementia or another degenerative disease, you must also prepare to cope with effects on both the body and mind. In the event that your parent becomes incapacitated, you…
The first part of this article listed some of this year’s most notable celebrity deaths and the estate planning issues that arose as a result. This next part of the article is a continuation of lessons that can be learned by the estate planning problems of celebrities who passed away…
In decades and centuries past, when people got old their children and younger relatives would care for them until they died. Now, when elderly Americans are too old to care for themselves and assisted living is not an option for financial, physical, or mental reasons many are sent to live…
Factoring in retirement to an estate plan can be confusing, tiresome, and complex. In fact, this aspect is arguably the most difficult part of estate planning because you can never be positive about exactly how much money you will need in retirement. With the influx of new estate planning tools…
James Brown’s life was full of life, music, and manic energy. It was also full of broken marriages, estranged children, tax liens, and legal problems related to drugs, guns, and domestic violence. However, James Brown’s estate was meant to be a mea culpa for his transgressions in life and to…
One common concern for seniors living alone is the lack of community and companionship. Not only can it be dangerous for an elderly person to live alone, but loneliness can have a physical, emotional, and mental toll on someone of advanced age. However, in order to combat the issues associated…
In multiple surveys and studies, senior Americans and retirees have not scored well on retirement literacy tests. In the latest study, U.S. citizens between the ages of sixty and 75 who were polled had an eighty percent failure rate of the retirement literacy test. The results of the poll and…
Joan Rivers’ estate continues to be a topic of interest as it has been recently discovered that she reduced her estate tax burden by claiming residence in one state while actually living in another. Ms. Rivers’ died in September at the age of 81, and she had a will on…
Recently, Apple and Facebook made the headlines when both companies announced that it is paying the expenses for its female employees to freeze their eggs. Most people do not assume that an announcement like this will affect their estate plan, but if you have a daughter or granddaughter you may…
MobileHelp first began its foray into the elder care technology industry with a system that allowed its customers a way to seek help through pushing a button on pendants worn around their necks. But in only a few short years, this company has expanded its offerings of elder care technology…