As your parent ages, there may come a time when you must take on guardianship for your parent, accepting legal responsibility for their care and wellbeing. The duties include a parent's daily care, medical care, and possibly financial decisions made…
At age 65, seniors are eligible to receive health-care benefits through Medicare if they have paid into Social Security. Individuals under age 65 who qualify to receive Social Security Disability benefits are also covered under Medicare, as well as anyone…
Even though we have experienced a cycle of more than 10 years of economic growth, many wealthy retirees are reluctant to spend money for fear of running out of cash. Bloomberg.com is reporting many retirees, and near-retirees are sitting on…
With the boom in the elderly population, the technology industry has taken initiative to develop technologies that assist the elderly in many ways. There are continuous developments and implementations of inventive digital Internet of Things (IoT) solutions that transform the…
Kevin was watching his wife Winnie in her nursing home room with tears in his eyes. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her…
The need for estate planning becomes more and more critical as we get older. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate…
Your golden years should not be tainted by never-ending financial issues. The stress that money problems bring not only ruins your aging experience but can also be disastrous to your health. Rising health care costs and your increased need for…
Envision your grandfather, Martin is elderly and his health has deteriorated to a point where he is now unable to make decisions for himself. A court appoints you to be Martin’s guardian of property, to help Martin manage his money.…
Nursing homes are required by law to employ qualified licensed nursing staff and maintain certain government standards of care. According to McKnight’s.com, fully three-quarters of nursing homes seldom meet the federally registered nurse (RN) staffing level guidelines. In particular, on…
The US Census Bureau estimates that there will be 92.1 million Americans that will be 65 or older. Senior Americans will constitute slightly over 20 percent of the population as a whole if these projections are accurate. By the year…