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Planning for long term care is a task many caregivers will ultimately face and there are many aspects of the process to explore.
It's vital that family members help their senior loved one find the right person to handle the finances they worked so hard during their lifetime to build up.
Seniors and their caregivers should know that there are laws protecting elderly Americans and ways in which seniors can safeguard their assets and wishes before it becomes an issue.
Unfortunately, most Americans are not well-versed in elder law, and the names of certain directives can be confusing.
When we contemplate elder abuse, we may immediately assume that elder abuse and neglect are things that happen at the hands of people in health care facilities, not in our own homes.
A reverse mortgage is an effective way for seniors (62 years or older) to liquefy an asset for important expenses, such as medical bills, food or utilities.
Being the caregiver to a senior loved one has rewarding moments, but also entails tough decisions. In some instances exercising a power of attorney regarding seniors may become necessary.
Most seniors do not complete advance directives until they come face to face with a health scare including hospitalization or a serious diagnosis.
Everyone should consider estate planning, regardless of how much money they have stored in the bank or how many possessions they have amassed over the years.
Planning for retirement depends on many factors. First and foremost, your plan must revolve around your own personal situation.