In 2023, recipients of Social Security benefits saw the biggest increase in decades in their monthly checks. Although their payouts will indeed rise again in 2024, the cost-of-living adjustment (COLA) will be considerably more modest.
By creating Physician Orders for Life-Sustaining Treatment (POLST), individuals with long-lasting or terminal conditions can ensure they receive their desired treatment should their health decline.
During the COVID-19 pandemic, states could not take away Medicaid coverage from any residents enrolled in this program. In recent months, however, this has been changing. If you are on Medicaid, be sure to take some time to understand whether your coverage may be at risk.
The No Surprises Act is a federal law that was enacted to protect patients from unexpected charges. It provides a much-needed safeguard for the medical expenses of all patients, but especially for seniors.
Most estate planning attorneys can help you craft an estate plan that minimizes or avoids probate altogether. To some extent, however, probate is often necessary. So, it's important to understand how to navigate the process.
After losing a spouse or longtime partner, it's difficult to look past your grief. However, it's crucial to understand the important and timely decisions you must make regarding your finances and personal estate plan.
Many family circumstances can increase the risk of probate litigation. High-risk factors that often bring about probate litigation can include sibling rivalry, second marriages without a prenuptial agreement, and dysfunctional family dynamics.
Preparing and organizing your financial information for when you are no longer capable will bring peace of mind to you today. At the same time, it may relieve your loved ones' burden in the future.
Many older adults can no longer safely live on their own. However, they may not need the highly specialized care of nursing homes. Intermediate care facilities present one option for older adults who cannot live independently but require daily assistance.
Research shows that the rates of homelessness among seniors in numerous cities have increased yearly since 2011. In addition to the dangers unhoused people face on the street, there are exponential effects on their access to health care.