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 well, you must use sound financial judgment as well as make healthy choices for your body and mind. The goal
A concerning trend occurring over the past several decades is the elevated rate of divorce among older adults. While younger and middle-aged couples are still divorcing at higher rates, more and more couples over age 50, are ending their marriages in so-called “Gray Divorces”, with the rate among senior citizens having tripled since 1990. What many Older Americans do not realize is that while Gray Divorces come with unique challenges, they are not insurmountable. Let
A strong health care power of attorney is indeed powerful for a condition like Alzheimer’s. But it may come as a surprise to learn that a good “basic” advance-directive document needs considerable supplementation when it comes to a dreadful illness like ALS – Amyotrophic Lateral Sclerosis, or Lou Gehrig’s disease. Ordinarily, if a patient becomes unable to communicate their health-care choices, a good advance directive gives the patient’s agent a lot of power to shape
Every year, many Older Americans are targeted by criminals who try to manipulate seniors into giving them their personal information. The criminals then use this information to access bank accounts and other important services. As a senior or the child of an aging parent, exploitation should be taken seriously. Unfortunately, it is becoming increasingly more difficult for seniors to identify when they are being targeted. Recognizing the common elements of a scam is the first
We lawyers prepare powers-of-attorney documents so that when our clients can no longer act for themselves, the documents will convey on other trusted people the authority to act on our clients’ behalf. But when it comes to actually using those documents at the time of a health-care crisis, clear and powerful documents are just the beginning. The decision-points can (and must) be put down on paper in advance, but when it comes to end-of-life situations,
