Talk to Parents about Estate Planning without Making It Awkward
Discussing estate planning with your parents is a conversation that can be difficult to have. You might not want to think about the day they are no longer here, or even consider that they might experience a decline in health that severely limits their ability to think clearly or communicate with you.
What Do Elder Law Attorneys Do?
Elder law attorneys can help with a long list of legal matters that seniors often face…
Should I Ask Mom and Pop about Their Finances?
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.
Long-Term Care Costs
As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care.
What Is Elder Law?
Elder Law is made up of three major categories, which can be broken down further into deeper topics.
How Can I Be Better Long-Distance Caregiver for Dad?
Long pandemic lockdowns forced many older adults to become comfortable with video calls to stay connected with family. That, in turn, means that long-distance caregivers have a better way to see how their loved ones are faring.
Can I Get a Tax Break for Long-Term Care?
The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.
How to Prepare for Health Care Costs in Retirement
There is a simple and unsettling reality in the United States. Many Americans don’t feel financially prepared for health care costs in retirement.