18 03, 2024

Survey Highlights High Costs of Long-Term Care in 2023

2024-03-18T08:54:32-04:00March 18th, 2024|

You may not foresee ever needing assistance with your day-to-day life. However, research shows that seven in 10 adults aged 65 and older will require long-term care at some point in their later years. Meanwhile, the U.S. population continues to [...]

14 03, 2024

11 Questions to Ask an Elder Law Attorney

2024-03-14T20:06:09-04:00March 14th, 2024|

Elder law encompasses a wide range of legal matters that affect older individuals. Attorneys who practice elder law advocate for seniors and execute legal plans to assist them in living better lives. Their expertise may encompass estate planning, as well [...]

8 03, 2024

Financial Planning: High-Net-Worth Wealth Transfer to Heirs

2024-03-08T09:28:21-05:00March 8th, 2024|

The great wealth transfer is underway in America. Through 2045, Baby Boomers will pass down assets worth roughly $84 trillion to Gen Z, Millennials, and Gen X. What constitutes a high-net-worth (HNW) inheritance? In the United States, that number averages [...]

3 03, 2024

HUD Housing Programs That Support Aging in Place

2024-03-03T15:53:34-05:00March 3rd, 2024|

Ninety-three percent of adults 55 and older want to remain in their homes as they age, according to U.S. News & World Report. “Aging in place” involves growing old comfortably and safely in one’s dwelling. As adults age, they may want to [...]

1 03, 2024

Older Adults Are Failing at Retirement Planning, Study Shows

2024-03-01T06:22:42-05:00March 1st, 2024|

Research by the American College of Financial Services sheds light on the need for improvements in retirement financial literacy. The 2023 Retirement Income Literacy Study revealed that most adults ages 50 to 75 lack knowledge about retirement income. With this lack of [...]

26 02, 2024

Who Does a Probate Attorney Represent: Executor or Heirs?

2024-02-26T06:48:16-05:00February 26th, 2024|

In estate planning, the executor, or personal representative, is responsible for managing the administration of the estate after an individual passes away. An executor may be a person or an institution. Their duties include applying for probate and ensuring that the heirs [...]

23 02, 2024

Medicaid Spend Down: Pay for More Than Just Medical Bills

2024-02-23T08:28:54-05:00February 23rd, 2024|

Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state program also benefits [...]

18 02, 2024

A Patient Advocate Can Support Your Health Care Journey

2024-02-18T11:37:35-05:00February 18th, 2024|

More than 70 percent of adults in the U.S. report being dissatisfied with the health care system, according to TIME Magazine. Navigating the medical services network can be stressful and overwhelming, particularly for older adults facing increasingly complex health needs. The American [...]

16 02, 2024

Navigating Disputes in Probate Court

2024-02-16T06:43:29-05:00February 16th, 2024|

When someone passes away, the probate process ensures that the deceased’s estate fulfills its debts and that the heirs receive their assets. The deceased’s will dictates how to settle and distribute their assets and debts. (If no will exists, state intestacy laws apply.) [...]