Policymakers consider both direct and indirect costs when they consider the costs of dementias like Alzheimer’s disease. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month spent…
In the past, disabled people could only get government benefits like Supplemental Security Income (SSI) or Medicaid if they had very little money, or if their access to property was tightly confined by restrictive trusts. Federal legislation now permits disabled…
Identity theft can happen to anyone but senior adults can be more susceptible. Identity theft is a crime that is on the rise. It involves a criminal stealing personal identifying information to create a new identity or to steal money…
The likes of Amazon, Apple, and Google are plotting to take over healthcare in the US, and to a lesser extent, so are Microsoft and Facebook, which are also doubling down on entry into the healthcare market. Some of the…
Many parents find talking to their children about their finances uncomfortable. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talk…
The world we currently live in today is a world of the Internet of Things (IoT). Embedded electronics with internet connectivity simplify tasks and are a pervasive part of our daily lives. Typically, the younger generations are very adept at…
When you are Estate planning with a child with special needs, it requires specialized planning. Looking to the future as to how your child will be able to function in the world as they age is particularly tricky to assess.…
When the social insurance program was established on August 14, 1935 by the US federal government, its purpose was to provide retirement, disability, and survivors’ benefits. Since that time, in part due to the disappearance of extended family networks, an…
Diminishing brain function due to the onset of dementia can lead to the accidental destruction of your financial well-being. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings accounts,…
There are often day-to-day challenges that exist alongside the love and care a family member with special needs require. What some families don’t know is that there is a greater urgency to craft a solid financial and estate plan when…