The benefits of a highly detailed, comprehensive power of attorney are numerous. Unfortunately, many powers of attorney are more general in nature and can actually cause more problems than they solve, especially for our senior population. This issue of the ElderCounselor highlights the benefits of a comprehensive, detailed power of attorney, including some of the [...]
Long-term care is becoming an important issue for our nation to address. We have 78 million aging baby boomers. The costs of long-term care to these baby boomers can be catastrophic and few people have sufficient resources to pay for needed long-term care. In an effort to deal with this growing concern, the Long-Term Care [...]
It is a common misconception that if one spouse goes into the nursing home, the remaining spouse will be required to use all of the family income and assets to pay for the nursing home care. This is not true. The Federal Medicare Catastrophic Coverage Act of 1988 contained provisions to protect the spouse of [...]
A recent report from the Alzheimer’s Association states that one in nine Americans age 65 or older currently have Alzheimer’s. With the baby boomer generation aging and people living longer, that number may nearly triple by 2050. Alzheimer’s, of course, is just one cause of dementia—mini-strokes (TIAs) are also to blame—so the number of those [...]
What They Mean for Seniors, Veterans and the Disabled Much has been made of the first 100 days of President Trump’s administration, and of the American Health Care Act (AHCA). This bill was just passed by the House as the first step to repeal and replace the Affordable Care Act (ACA). This issue of The [...]