As we grow older, many of us fear the possibility that we could be diagnosed with dementia. Few things are more frightening than the thought of losing our independence to this progressive disease. Researchers at the University of Cambridge now say signs of dementia may appear up to nine years in advance of when the illness is typically diagnosed.
As people age, health and mobility issues can make independent living at home more difficult. However, not everyone can afford a nursing home or assisted living, and not everyone wants to move to one of these facilities.
Beneficiary designations are very important. Before making a decision on a beneficiary, it's very important to check your state laws and speak with your estate law attorney and/or your financial advisor.
It’s easy to overlook an important task after a spouse or other loved one passes away – like retitling assets. It’s a little thing with big ramifications. Follow this checklist to help make a challenging time less confusing.
Are you aware that health insurance and Medicare don’t cover long-term care costs? If you’re planning how you’ll finance long-term services, this could create a problem. With the cost of long-term insurance rising, Medicaid might be the next best option. We’ll cover how to apply for Medicaid and what you should be aware of. Before […]
Do you have a close friend or family member who collects Social Security, but has difficulty managing their payments or similar finances? If so, they may need to assign someone as their representative payee. Keep reading to find out more and what a payee is able to do. A representative payee is any trusted individual […]
When thinking about social security benefits, have you ever heard of retroactive payments? It might be nice to receive a lump sum of payments all at once, but it comes with a catch! Before accepting the payment, learn what you’re missing out on. Follow along with the rest of our blog to see what you […]