If your parents are starting to get up there in years, you may want to have a discussion about living assistance. We are not talking about obvious situations that are going to naturally spawn the need for action right away. The suggestion is to set the stage early on so that everyone is on the same page before the need for care actually arises. In many cases, an elder will not want to be an imposition so a parent who needs your help may be reluctant to ask when the time comes. As an adult … [Read more...] about Discuss Living Assistance With Aging Parents
The Social Security program is extremely important to a significant percentage of American senior citizens. However, you should certainly recognize the limitations because benefits are often quite modest. At the same time, the income will help. You may hear that you could start to collect a monthly Social Security benefit when you are 62 years of age. This is true, assuming you paid into the program sufficiently during your working career. The FICA or self-employment taxes that you pay go … [Read more...] about When Do You Qualify for Social Security?
To be completely prepared for your twilight years, you should understand all of the eventualities and include family members who will be by your side. Death is one of the certainties of life so it is wise to be prepared and make things as comfortable as possible for yourself and the people that you love. With this in mind, it is important to understand the value of hospice care. Ordinarily, when you seek out health care assistance, recovery is the objective. Things are entirely different when … [Read more...] about Elder Law Answers: Hospice Care 101
As elder law attorneys, we educate people about the benefits that may be available to them. With this in mind, there is one way that veterans can get a boost during their senior years in addition to the retirement pension that longtime veterans receive after at least 20 years of service. Before we look at the benefit in question, we should briefly touch upon the way that the retirement pension can pave the way toward a comfortable period of rest and relaxation. Clearly, if you join up … [Read more...] about Look-Back Added to Veterans Pension Rules
Elder law and estate planning attorneys help people prepare for their senior years as they take steps to leave suitable legacies for their loved ones if it is at all possible. Loneliness can certainly be a challenge for elders that lose their spouses, and there is no one easy answer that is right for everyone. Some seniors have family members, friends, and neighbors that try to fill the gaps, but people live busy lives, and it can be hard for them to carve out sufficient time. In other cases, … [Read more...] about Estate Planning and Pet Ownership for Lonely Seniors
Most of our clients are somewhat surprised when they find out how an elder law attorney can help them preserve their legacies for the benefit of their loved ones. We often hear many of the same questions when we interact with people here in our office, and this gave us an idea. In this blog post, we'll share a hypothetical question-and-answer session between a client and a member of our firm. Do a lot of people need nursing home care eventually? One of the very best elder law resources on the … [Read more...] about Q & A Session With an Elder Law Attorney
If you are going to qualify for Medicare when you reach the age of 65, you may feel as though Medicaid is not relevant to you. After all, you have planned for retirement, you expect to have savings and income, and you own your own home. Medicaid is a program that is only available to people with virtually no financial resources, right? This is true, but Charlotte elder law attorneys counsel many people about a key Medicaid benefit. The reason why a significant percentage of seniors ultimately … [Read more...] about Can I Qualify for Medicaid as a Homeowner?
Within the elder law community, there is a great deal of concern about the apparently burgeoning plague of elder financial abuse. According to a Consumer Financial Protection Bureau report (summarized in an article from the Northern Kentucky Tribune), this problem is on the rise, costing seniors (and their eventual heirs) billions of dollars. The CFPB broadly describes two different types of scenarios that are common within this arena. One of them involves crimes of opportunity. These … [Read more...] about Opportunists, Predators Prey On Elderly
When Ashland KY elder law attorneys assist clients who are preparing for the costs of aging, they look in particular at potential long term care costs. If you have not done any research into the subject, you may be quite shocked to hear just how expensive this care has become in the United States. Genworth's Cost of Care Survey summarizes the long term care costs in America. If you had spent a single day in a private room in a nursing home in the United States in 2018, the national median … [Read more...] about Latest Long Term Care Costs Are In
If you are a wartime veteran who has 90 days of active duty, one day of that time beginning or ending during a period of war, you may be eligible for Veterans Aid and Attendance benefits. A surviving spouse who was married at the time of the veteran’s death may also be eligible for these benefits. There are both medical and financial qualifications that determine eligibility. Our Huntersville veterans aid and attendance attorneys can explain what you need to know in order to avoid making … [Read more...] about Huntersville Veterans Aid and Attendance Attorneys Can Protect Your Benefits