Estate planning

The estate planning process changes as you grow. What you may not have felt necessary decades ago may now become applicable. One of these elements of a detailed estate plan is a power of attorney. When planning for your family's future after your death, do not forget...

If you have an elderly parent, you undoubtedly prioritize his or her physical well-being. While keeping your mother or father physically fit is certainly important, you cannot forget about your parent's mental health. According to the Centers for Disease Control and...

Dealing with an elderly parent who has a memory or mental degradation is not only mentally and emotionally taxing. It is also a potential issue because they are such a vulnerable party. In these situations, it is possible that someone may try to take advantage of this...

Florida’s seniors have options when considering their long-term care and assisted living needs. The Florida Legislature’s website notes that the Department of Elderly Affairs licenses organizations operating community residential homes. A nursing home generally offers...

Estate planning is a process that the whole family can participate in, however, sensitive details should remain confidential. If the wrong people get involved, the risks of fraud rise substantially. If your parents experience estate planning fraud, the consequences...

If you have elderly parents, you may want to encourage them to develop a comprehensive estate plan. After all, according to reporting from CNBC, 45% of Americans over the age of 55 do not have even a basic will. When preparing an estate plan, of course, your parents...

If you have a friend or family member in need of a caregiver, you may want to help as much as possible. Sometimes, you cannot drop your other obligations to move closer to the loved one, so you may have to become a long-distance caregiver. According to the National...

Like other aging seniors, military veterans sometimes need long-term care in their golden years. Such care often comes with substantial costs, however. For eligible wartime military veterans, receiving benefits through the U.S. Department of Veterans Affairs’ pension...

Trusts can be a great estate planning tool, but they are not a mandatory part of a plan. If you want to include one in your estate, you should make sure that you understand them and learn as much as you can about how they work. This includes making sure you understand...

As you age, you are likely to experience some normal aches and pains. You may also develop chronic medical conditions that require close monitoring. Eventually, due to incapacitation from a serious injury or illness, you may lose the ability to make your own medical...