Savings for Seniors: Lower Medicare Part B Premiums in 2023
For the first time in more than 10 years, Medicare Part B enrollees will see some of their costs decline.
Resources for Caregivers of Older Adults with Dementia
Although caring for people with dementia can be challenging, a variety of resources can help caregivers assist their loved ones.
What You Need to Know About Medicaid’s Personal Needs Allowance
Seniors living in Medicaid-funded nursing homes receive a personal needs allowance - a monthly stipend the Medicaid recipient can use to pay for needs that Medicaid does not cover.
What Are Medicaid Asset Protection Trusts?
When you put your assets in a MAPT, Medicaid will not count the money in the trust toward its resource limit.
No Will? You’re Putting Your Kids at Risk
As the recent death of Anne Heche shows us, not having a will can place a significant burden on your children and cause undesirable complications.
What Is the Difference Between a Springing and Non-Springing Power of Attorney?
You may have heard of the terms “springing” and “non-springing” power of attorney and wonder what they mean.
Majority of Adult Children Cannot Support Boomer Parents, Surveys Find
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
Can a Nursing Home Hold Friends or Family Members Responsible For a Resident’s Care?
If your loved one is entering a nursing home, you may worry whether you could be liable for their care.
What Is a Life Estate?
A life estate often comes up in discussions of estate and Medicaid planning. It is a form of joint ownership that allows one person to remain in a house until his or her death, when it passes to the other owner.
Do Frequent Flier Miles Expire When You Do?
Accumulated frequent flier miles can be valuable assets, but what happens to those miles after somene dies? Can a spouse or other heirs inherit them, or do the miles simply evaporate like a contrail?