Powerful “power of attorney” (POA) documents are essential, if there ever comes a time when you or your elderly loved ones become unable to manage your finances or make health-care decisions. Beware of Hospital and Internet POAs Beware if you rely only on POAs that hospitals provide, or that you have pulled off the Internet,…

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The astronomical costs of long-term nursing care is no longer news. Costs can run around $7,000.00 or more per month, depending on location. Hundreds of thousands of people presently need that kind of care and the numbers are rising. Ten thousand “baby boomers” a day turn 65, and it’s projected that seven of ten of…

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A primary element of the American Dream is home ownership. People work hard all their lives to own a home, and it is often their most valuable and significant possession. So when health begins to fail and the need for long-term care arises, we often get this fear-filled question from our clients: will they take…

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For many of us who are staying at home during this pandemic, the internet has become the primary source of action and connection. In many states, lawyers can now create estate plans remotely from start to finish. Likewise, many doctors are now practicing tele-medicine over the internet. Groceries, pharmaceuticals, clothing, all these and more can…

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In the United States, turning 65 years of age is a milestone on many levels, but before this birthday, there is a hefty checklist that you need to address to continue aging successfully. Overall the most crucial thing to do before turning 65 is to invest your time wisely crafting the best approach possible for…

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Kevin stands at the door of Wanda’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into Wanda – an act Kevin knew she didn’t want. Unfortunately, Wanda couldn’t express her wishes due to advanced dementia, and she had no legal documents that expressed her wishes not…

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Many parents are uncomfortable talking to their kids about their wealth.  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 to kids about how much they may inherit could leave them unprepared to handle even…

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The US Social Security Administrations has funding trusts known as the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund. In their 2019 annual report to Congress, the Board of Trustees released some startling detail about projected insolvency for the Social Security Program by the year 2035. The Social Security…

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Your senior years should not be plagued with money woes. The stress that money problems bring not only ruins your aging experience but can also be disastrous to your health. Rising health care costs and your increased need for health care can add up to big bills that can further tax your health. To age…

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As we age, simple things we took for granted as kids become more difficult — and more expensive. That’s a truth all of us know. What you may not realize is that the aging middle class will face unique difficulties going forward. The private market offers options for assisted living, but at a price too…

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