28 03, 2024

Could Medicaid Payback Rules Come to an End?

2024-03-28T08:11:28-04:00March 28th, 2024|

Amid recent reports from such prominent news outlets as The New York Times and Associated Press about the negative impact of Medicaid estate recovery on families, the idea of ending this practice altogether has resurfaced. What Is Medicaid? Medicaid is a public assistance program [...]

25 03, 2024

Seniors and Caregivers: Establish an Emergency Action Plan

2024-03-25T09:21:58-04:00March 25th, 2024|

For seniors and their caregivers, having a plan in place should an emergency strike can provide some peace of mind in a turbulent world. A crisis, such as illness, trauma, natural disaster, or any other unexpected adverse event, may one [...]

22 03, 2024

5 Ways to Update Your Estate Plan After a “Gray” Divorce

2024-03-22T07:48:53-04:00March 22nd, 2024|

Deciding to end a marriage as an older adult is increasingly common. If your marriage ended later in life, you could be part of the “gray” divorce trend. AARP reports that Baby Boomers, those born between 1946 and 1964, are the [...]

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 [...]