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Getting Your Affairs In Order
(General/Blog)
... to locate important documents, the family was left to make their own decisions about James long term care. The National Institute on Aging gives three simple, but important steps to putting your affairs ...
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Medical Bankruptcy: Will it Still Be Necessary Under Health Reform?
(General/Blog)
... settlements with credit cards for less than what is owed and other debt relief may help make an improvement in financial position without the public filing of bankruptcy. There are income tax implications ...
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Slow Medicine, a New Philosophy on Medical Practice for Elders
(General/Blog)
When an elderly person goes to a medical practitioner, he or she is often presented with numerous decisions to make, and is expected to make these decisions quickly. As most of us know, very elderly persons ...
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When Is It Time to Consider Moving a Family Member with Memory Impairment?
(General/Blog)
... not be the ones initiating a move to assisted living or nursing home facilities. It is the family of the person with memory impairment who will recognize the need to move, find a place and make the final ...
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The Benefits of a Roth Conversion
(General/Blog)
... is that income taxes paid on the conversion are paid with pre-estate tax dollars. • Charitable Giving. A taxpayer with a charitable deduction carry-forward or a taxpayer who desires to make a ...
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Gearing Up for Life on the RV Road
(General/Blog)
... Bureau or regulators. • Make sure your dealer has service department with RV-certified mechanics. • If you are buying a used RV, get as much history as you can, especially repair records. • Make ...
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Helping Older Relatives Articulate Their Long-Term Care Wishes
(General/Blog)
... time to do so. Unfortunately, events can sometimes intervene and make an elder’s need for assistance an emergency. This is why it’s so important for adult children and younger relatives to gather up the ...
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Should You Be a Borrower or Lender? The Return of the Personal Loan
(General/Blog)
... demand a credit check or other lengthy documentation. On the other hand, it could be one of the most dangerous financial transactions you ever make simply because money can drive a wedge between relatives ...
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Joint Ownership of Life Insurance
(General/Blog)
... ILIT avoids the risk that a child may inappropriately borrow on or surrender the policy during the parent’s lifetime, or fail to make the death proceeds available when needed for payment of estate taxes. ...
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The Pitfalls of Naming a Trust as a Beneficiary
(General/Blog)
... when the trust must make distributions, it can be difficult to distribute a retirement plan to a beneficiary without making a taxable distribution (the IRS, in several letter rulings, has permitted this, ...
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Employer Support for Care Giving Employees
(General/Blog)
... and eldercare service providers working together can make parent or senior caregiving a workable solution for all. ...
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Terms of Use
(General/Main)
... of the content. You will abide by any and all additional copyright notices, information, or restrictions contained in any content on the Web Site. You may download and make one (1) copy of the content ...
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Dangers of a Reverse Mortgage
(General/Blog)
... out of the house), they suggest an RM. But, what they don’t tell you is they are “bundling” the RM with a very expensive annuity where they make a handsome sales commission. Mr. Peter Bell of the ...
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Why Buy Long Term Care Insurance?
(General/Blog)
Long Term Care Insurance 1. It will help you keep your independence and dignity and allow you to make choices. When the time comes for paying for your long term care needs, you may end up spending your ...
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Using a Professional Care Manager
(General/Blog)
... a care plan Take steps to start the care plan and keep it functioning Make sure care is received in a safe and disability friendly environment Resolve family conflicts and other family issues relating ...
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ElderCare Web Links
(General/Resources)
... Articles, comprehensive checklists, and links to key resources designed to make it easier for family caregivers to quickly find the information they need and avoid overlooking something important in the ...
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Why do I need a Geriatric Care Manager?
(General/ElderCare Advocates FAQ)
The American Health Care System can offer more than any other in the world, if you know how to make it work for you. Unfortunately, most people are unaware of what benefits they should be receiving, or ...
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Absenteeism in the Workplace Caused by Eldercare Needs and Concerns
(General/ElderCare Articles)
... workloads by cutting corners and thus make the quality of their work suffer. These effects on quality and quantity of work only serve to increase the stress that one feels. Another effect is missing opportunities ...
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Are Gifts Taxable?
(General/ElderCare Articles)
Thinking about giving somebody some money? If so, you should consider the federal gift tax rules (as opposed to income tax rules) before you give. Generally the gift tax rules allow you to make a gift ...
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Checklist for Choosing a Nursing Home
(General/ElderCare Articles)
If your elder needs 24-hour personal and/or nursing care, or if s/he needs health care and rehabilitative services to make the transition between the hospital and home after surgery or illness, she/he ...