Here is a quick multiple-choice test for you. Who is ultimately responsible to pay for the care needed by an adult who has no way to pay for the care they need? A) The Government (e.g. Medicaid, Medicare, Social Security Disability) B) The company providing the care C) The spouse, parents and/or children of the […]
Guides to Managing Someone Else’s Money
At various times during my life I have had the responsibility of helping an aging relative pay their bills and handle their investments. I have been authorized to perform this financial caregiving either as a trustee or as an agent acting under a power of attorney. I can testify from personal experience that helping another […]
What is a Will?
A Will is commonly defined as a document which disposes of a person’s property after their death. But it can be much more than that, or sometimes less. A Will is also known as a “Last Will and Testament”. It is helpful to think of a Will as being a document that gives your instructions […]
Being Mortal
One major benefit of being semi-retired is that I have more time to “read” audio books each day while I walk and exercise. This is given me the opportunity to catch up on books I have long wanted to read (e.g. Steinbeck’s East of Eden) as well as more current titles. I recently read a […]
What to do When Dad should no longer be driving
Do you remember when you first got a driver’s license? For me it was over 50 years ago, but I remember it vividly. It was both scary and exhilarating: the adulthood it implied, the freedom it offered, the awesome responsibility. Wow, that was a memorable moment of my life. Now that I am at the […]
Community Spouse Resource and Income Allowances for 2019 Announced
The cost of care in a nursing home can quickly devastate the finances of a married couple. When I first began to practice elder law, the situation was dire. A married couple could spend all of their savings paying for the care of the person who was institutionalized. The spouse at home would then have […]
New Medicare Advantage Plan Benefits Have Limited Availability
[The following article was published by Kaiser Health News and is republished here with its permission. Kaiser Health News is a nonprofit news service covering health issues. It is an editorially independent program of the Kaiser Family Foundation, which is not affiliated with Kaiser Permanente.] Trumpeted New Medicare Advantage Benefits Will Be Hard For Seniors To […]