Author Archives: Site Administrator
Here’s How You Know You’re an Adult: 10 Documents
Fifty is a little on the late side to start taking care of these important life matters. However, it is better late than never. It’s easy to put these tasks off, since the busyness of our day-to-day lives gives us a good reason to procrastinate on the larger issues, like death and our own… Read More »
How Does the Disease LATE Affect Seniors?
The disease, called LATE, may often replicate the symptoms of Alzheimer’s disease. However, it impacts the brain differently and develops more slowly than Alzheimer’s. Doctors say the two are frequently found together, and in those cases may lead to a steeper cognitive decline than either by itself. CNN’s article, “Doctors newly define another type… Read More »
Who Is Working Past 65 Today?
The age for full retirement has gone up, and many people saw their retirement savings decimated during the Great Recession about a decade ago. As a result, many people are still working past the age of 65. In 1985, only 10 percent of people over the age of 65 were working or looking for… Read More »
Can a New Blood Test Predict Who Will Develop Alzheimer’s?
A cure for Alzheimer’s disease is not yet available, but researchers hope they will be able to identify the illness much earlier, so they can slow its progress. By the time people exhibit confusion or memory loss, the disease has been at work for years, and the nervous system has suffered degeneration and damage…. Read More »
Communicate Your Wishes and Have the Documents in Place
Without a will or other estate planning documents, your property is distributed according to the law of intestate succession in the state where you live at the time of your death. That means any wishes you might have as to how your assets are distributed will not be considered, says the article “Make Your… Read More »
Could You Lose Your Social Security Benefits to Creditors?
What if you are retired and the only income you have is your Social Security benefit? “Can Creditors Come After Your Social Security Benefits” is the question posed by Yahoo! Finance. While for the most part, you don’t have to worry about creditors coming after your Social Security benefits, there are others who can… Read More »
When is it Time to Take Over Parent’s Finances?
Losing the independence that comes with being able to drive, is often followed by the realization that parents can no longer be entrusted with their own finances. This is a difficult issue, because the parents of Baby Boomer kids are the “Greatest Generation.” As a general rule, they were and are extremely private about… Read More »
Who Will Control the Funeral Arrangements When I Die?
nj.com’s recent article, “Why does a funeral home need my signature?” explains that what happens with funeral planning, depends on the deceased’s will and state law. This issue may become important, depending on whether the deceased designated a funeral agent in his or her will. The funeral agent is the legal way to designate… Read More »
Retirement and the SECURE Act
The numbers for most Americans entering retirement are not encouraging, with one in three retirees having no money left at the end of the month and needing to dip into savings to pay monthly bills, according to Next Avenue’s article “Will the SECURE Act Really Bring Retirement Security to Older Americans?” With record numbers… Read More »
What Do I Need to Know About ABLE Accounts?
Millions of Americans with disabilities and their families depend on public benefits to help provide income, health care, food and housing assistance. Eligibility for assistance through Supplemental Security Income, SNAP and Medicaid is based upon a resource test, so disabled individuals seeking benefits are typically limited to no more than $2, 000 in savings… Read More »