Parents are familiar with guardianships in the context of making wills. When parents have minor children, lawyers encourage them to nominate a guardian who will care for their children if …
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Category: Finances & Insurance
When Should Seniors Apply for Social Security?
Retirement should be a time to relax and enjoy life. Unfortunately, it can be a time of financial insecurity. Regardless of any other retirement income that a senior might depend …
Continue ReadingExpect the Unexpected Costs of Retirement
Social Security, pension benefits, and savings can combine to help seniors maintain comfortable lifestyles after retirement. Careful preparation and advice from a financial adviser can produce a plan that addresses …
Continue ReadingLaw Enforcement Agencies and AARP Are Raising Awareness of Scams that Target Older Victims
The hosts of a Washington state event on July 28, 2021 plan to help older consumers understand how they can protect themselves against fraud. The Washington AARP will be joining …
Continue ReadingSeniors Are Wondering What Happened to Their Third Stimulus Check
Two economic stimulus checks were sent to most Americans in 2020. The first was for $1,200 and the second for $600, although those amounts varied depending on income and the …
Continue ReadingWill New Benefits Be Added to Social Security and Medicare in 2021?
Congress will have a full agenda during the first year of the Biden presidency. Economic stimulus will be a priority, although the political parties have different ideas about the role …
Continue ReadingIs Eldercare Assistance on the Horizon?
Family caregivers in the United States assist millions of seniors with their activities of daily living. Together with caregivers who assist disabled relatives, an estimated 65.7 million Americans serve as …
Continue ReadingDying Without a Will
Three months ago, a very close friend was running four miles a day. Two months ago, he was diagnosed with a “rare and aggressive” form of cancer. Two weeks ago, …
Continue ReadingCreator, Steward or Consumer?
You have heard the old adage “Rags to Riches to Rags”, or “Shirtsleeves to Shirtsleeves in three generations”. It is not just a dynamic of western culture; it is actually …
Continue ReadingA Decade of the Affordable Care Act: Has It Helped Seniors?
Nearly a decade after it was passed, the Patient Protection and Affordable Care Act (ACA) — also glowingly or disparagingly referred to as “Obamacare,” depending on a person’s politics — …
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