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Archive for the ‘Life Care Planning’ Category

Veteran’s children are paying for caregiver costs, are these VA Unreimbursed Medical Expenses?

Only UME paid by the claimant is declarable. Therefore, the children’s payments are not allowed as UME set off.

Veteran’s Beware – Make sure you investigate your Service Connected Pension!

If you have a service connected injury, you can and should pursue this type of pension. However, most professionals are interested in Aid and Attendance. Why? They make money off of you.

Veteran’s Benefits – DIC for widow of POW

The base DIC for a widow is $1,154.00 per month.

Here are 10 tips for choosing an in-home caregiver:

1. Assess Home-Care Needs: Evaluate the help that is needed in the areas of health care, personal care and household care. 2. Write a Job Description: Write out a job description based on the help that is needed. 3. Develop a Contract: The job contract is based on the job description and should include: Wages, Hours of Work, Employee’s Social Security number (because you must report wages paid to the caregiver to the Internal Revenue Service), and job description. 4. Where to Find  a Caregiver: Identify the pool from which you can find a caregiver. You may have neighbors or…

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Caring for aging parents is a concern no matter where they live in another state or close by.

Talk with your parents. Understand their requirements, needs and try to be involved in your parents’ life.

A basic package includes about a dozen motion sensors placed strategically around a house. They can provide adult children with a stunningly detailed rundown of a parent’s day.

a growing number of startups that use monitoring technology to revolutionize elder care. These companies are also betting on a big market as the baby boomers enter old age.

What’s In A Wired Home?

In addition to camera monitoring, companies offer other kinds of services to help keep track of an elderly person’s daily activities.

As Americans live longer than ever, some will find it difficult to stay in their beloved homes: Steep stairs or a slippery shower can pose dangers, and standard houses are not wheelchair accessible.

It’s a common problem — and an expensive one. Making a home accessible can cost tens of thousands of dollars.

A “Village” in the world of the aging is an organized network of volunteers dedicated to doing what is needed for seniors to stay in their homes.

For an annual fee, these communities help seniors manage household tasks they can no longer handle and arrange transportation when they can no longer drive.

the Boston Globe reports the end of year holds some good news for retirement investors – thanks to new rules put into effect by the small business bill passed last month making Roth IRAs a more attractive option.

The remaining months of 2010 may prove an uneasy time for tax and financial planning – with the status of Bush-era tax cuts and the possible return of the estate tax hanging in the balance while a “lame duck” congress still has the wheel.

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