
When to have Healthcare conversation with Parents?
Your elderly mother is getting forgetful and confused. What do you do now?

Your elderly mother is getting forgetful and confused. What do you do now?

The financial exploitation of elderly people comes at a great cost: It costs victims as much as $36.5 billion each year, according to the National Council on Aging. It can also be more difficult to detect than physical abuse and neglect because it’s often done by family members, trusted friends and caregivers.

Several types of special income trusts and other strategies can be helpful when trying to protect your family’s assets from the devastating costs of long-term care.

Here’s what you need to consider, when looking to hire an elder law attorney.

Although the Medicaid system may be a generally recognized public benefit, the intricacies of the program usually do not become relevant to individuals, until they face the need to use it.

Women face unique challenges as they age. According to the Population Reference Bureau, a Washington-based think tank, women live about seven years more than men. Living longer means planning for a longer retirement.

Learn about two common senior living types—assisting living and memory care—and how to determine the best care for your elderly parent or spouse.

Who needs long-term care insurance … and who might be able to do without it?

The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.