In a resort where parents purchased a timeshare, a resort agent suggested they sign a deed transferring the share to their children in order for them to continue to enjoy the timeshare after their parents passed. The resort agent suggested…
Individuals who meet certain asset requirements are eligible for Medicaid, a federal and state program that helps them pay for long-term care costs. Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and for those family members…
The number one worry for Americans as they age is memory loss, outpacing concerns about finances and loneliness. The most prevalent among all dementia is Alzheimer’s disease. According to the Alzheimer’s Association Facts and Figures Report, Alzheimer’s accounts for an…
March of 1987 started Developmental Disabilities Awareness Month, encouraging all Americans to provide people with developmental disabilities with the opportunities and encouragement they need to reach their potential. Since then, the National Association of Councils on Developmental Disabilities (NACDD) holds…
Hospitals and health systems have faced unprecedented challenges following the 2020 Coronavirus pandemic. There has been a need to increase and safeguard healthcare staff as well as non-COVID-19 patients, testing and treating infected patients, expanding critical care unit capacity, procuring…
In a report from Genworth, the US Department of Health and Human Services (HHS) estimates that roughly seventy percent of retirees in America will require some long-term care (LTC), with median costs for these services ranging from $53,768 to $105,850…
As a result of the Coronavirus pandemic in America, senior home-sharing is experiencing a resurgence in popularity. The danger of COVID-19 infection in nursing homes and other long-term care living facilities, coupled with the isolation seniors have been facing, makes…
Suppose that mother and father have run the family farm for many years. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm, but the…
The first thing you should do at the start of the probate process, whether you are the Executor or an heir, is to understand the lawyer’s role. One of the biggest sources of conflict in probating the estate is understanding…
It may be awkward to discuss your wealth with your children. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talk…