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How to Pay for Care without Going Bankrupt

Texas Updates Alzheimer’s Plan

Three generations of women play a key role in the updated Texas Plan for Alzheimer's Disease and Related Dementias.

Alzheimer’s Disease and Related Dementias (ADRD) present significant challenges for individuals, families, and communities. To address these challenges, the State of Texas has developed its second in a series of Plans. The 2024 – 2028 Texas State Plan to Address Alzheimer’s Disease and Related Dementias (The Plan) outlines a comprehensive, multi-pronged approach to improving public education, risk reduction, care coordination, and support for those living with and affected by ADRD.

Best Home Modifications to Maintain Independence

Accessible Home Modifications

As they get older, many — even most — Americans prefer to remain in their own homes as long as they can, AKA “age in place.” However, to do that, many will need to make their residences safer and easier to navigate, by making home modifications.

How to Support a Child with Special Needs?

Young man with Special Needs with his parents - needs Elder Law Planning.

Families that include individuals with special needs require planning to secure their loved ones’ security in the future, both in legal and financial terms. There’s usually no expectation of the child becoming an independent adult, so careful planning is needed, as advised in the recent article “Financial Planning for Families with Disabilities” from Wealth Management. Many families neglect planning for their retirement, focusing all their resources on developing a plan for their disabled child. However, retirement and their child’s future need to be secured, which is where an estate planning attorney can help.

Mothers Need More Than Flowers

Mother with two adult daughters for Mother's Day.

Women were already more likely to experience the stressors of “sandwich generation” caregiving – providing assistance to a parent, while raising children.  Women are more likely than men to withdraw partially or fully from the workforce when caregiving demands are high – negatively impacting their career advancement and retirement savings.

Should I Ask Mom and Pop about Their Finances?

Daughter talks with mom about estate planning on the couch.

There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.

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