Archive for the ‘Elders’ Category

When do I place my spouse in a nursing home?

This is no time to be a hero, or make the decisions on emotion or guilt.

Seniors are resistant to care; whether their own child or a professional provides assistance.

At Senior Life Care Planning, we suggest if they are still resisting change, or if your relationship is deteriorating, a professional, such as Senior Life Care Planning’s care coordinators can assess the situation and provide you with independent advice.

Strategic use of life insurance frequently is a key aspect of comprehensive estate planning,

Strategic use of life insurance frequently is a key aspect of comprehensive estate planning, solving a wide variety of estate planning challenges from providing liquidity to pay estate taxes, to charitable bequests and ensuring the continuation of a closely-held business. One of the key characteristics of life insurance, however, making it such a versatile estate planning tool, is preferential tax treatment. Properly structured, life insurance proceeds pass tax-free to beneficiaries, and earnings on investments held within certain types of “permanent” life insurance also generally accrue tax-free. According to a recent article in The Wall Street Journal, there is some national…

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It’s not easy to admit to ourselves, that waning eyesight and reduced reactions affect our driving skills.

Recently, parents were up in arms, about having their high school kids “walk” to school. Where is the same commitment, action and engagement for seniors?

More people should consider hiring an Elder Care manager to help them.

A good elder care manager has many years of experience and many weapons in their arsenal of intellectual capital. They are good at assessing the situation, good at identify and defining problems, and good at making specific recommendations on where to go and who to go see to get help.

There is growing need in this country for improvements in care for the elderly.

We are changing the face of elder care, by delivering high quality, independent professional advice and advocacy services on home care, assisted living and nursing homes, asset protection, and finding governmental programs to pay for care.

“I don’t want my kids to become my caregiver. Therefore, if the time comes along that I can no longer care for myself, I want to go to a retirement community or nursing home, so they do not have to worry or do anything”

However, this is not reality. The obligation for caring for elderly parents never goes away.

What Can Senior Life Care Planning Do for Me?

Senior Life Care Planning offers a wide range of services to help maintain their client’s independence at home, or to advocate for their client’s rights and quality of life, at an assisted living facility or nursing home.

Most people need to complete three critical documents: a will or living trust, a health-care power of attorney and a power of attorney for your finances.

A trust in lieu of a will – may be better if you have a complex estate, require asset protection from the nursing home, a beneficiary who must meet certain conditions before receiving assets or a special-needs loved one who requires care after you are gone.

The Washington Attorney General’s Office wants to be sure consumers aren’t misled by LegalZoom’s cost-saving claims.

I just would caution everyone to take caution in disclosing personal, confidential, identifying information about yourself and/or your estate.

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