- Advanced Planning
- Elder Abuse
- Elder Law
- Living Wills
- Long-term Care Insurance (LTCI)
- Medicare & Medicaid
- Powers of Attorney
- Reverse Mortgages
What You Need to Know About Living Wills: Part 2
(This is the second half in a two-part series. Read What You Need to Know About Living Wills: Part 1.) In continuing last week’s discussion on advance directives and the various types, I ran across an article published by the Journal of the American Geriatrics Society, which illustrates the importance of these documents. In a recent survey put forth to families of some 1,500 people who died—71% of whom had advance directives—“families felt better about their communication with their...Read the rest of this article »
Aging in Place—When Needs Change
A few months back, I wrote a post on aging in place that focused on staying in one’s own home as long as possible. Aging in place isn’t limited to deed holders and renters—residents in retirement communities want to age in place as well. These are people who, like most of us, want to stay right where we are unless we decide an assisted living or skilled nursing facility can best meet our needs—needs that will most likely change over...Read the rest of this article »
FAQs: Durable Power of Attorney: Part 1
I’ve been thinking recently about assets, particularly because mine are all shoes, and it occurred to me that one day I’ll have more—assets, that is—not shoes! And when I do, I’ll need someone to protect them. Assuming your property consists of more than a brimming closet, you may find it beneficial to spend a few days researching the topic. Or you can read the list of frequently asked questions below, to which I’ve researched the answers. The list is...Read the rest of this article »
FAQs: Durable Power of Attorney: Part 2
Welcome back to my two-part series on durable power of attorney FAQs. There’s a lot more to cover, so let’s jump right in: 1. What does a durable power of attorney (POA) do? You can assign your durable power of attorney to do as much or as little as you choose. People generally give extensive power over their finances and expect their agent to keep accurate records and keep their own affairs separate, to avoid conflicts of interest. Some commonly...Read the rest of this article »
What Is…Guardianship or Conservatorship?
When a person is deemed incompetent in a court of law, their funds and property are then turned over to another person. This process is called guardianship—or in some states conservatorship. Guardianship is often granted to relatives of an elder with dementia; however, any person can ask the court for guardianship over another person. Guardianship is not without its controversy. To be a conservator in California, all one needs is to pay the state registration fee of $385 and have...Read the rest of this article »
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