September 8 is Grandparents Day! Grandchildren are a great bonus of growing older. You may have heard the old joke: “If I knew grandchildren were going to be this fun, I would have had them first.” Grandparents and grandchildren alike benefit by this special connection. For example, a study presented last month by the American Sociological Association showed that grandparents…
Funding Long-Term Care Insurance with a 1035 Exchange Many people assume they cannot afford long-term care insurance to protect themselves and their families from the financial, emotional and physical sacrifices needed to provide long-term care for a loved one. However, long-term care premiums are a reasonably small expense when compared to paying for care out of pocket, as these costs…
“Where did I park?” You dashed into the mall, visited a few stores, and now, shopping bags in hand, you realize you can’t remember where you left the car. “I’ve met that fellow several times…what is his name?” Names, phone numbers, even familiar words…things sometimes seem to be “on the tip of your tongue” but escape quick recollection. When you…
You probably think that providing love, care, and support to an older member of your family is a personal thing. At one level or another, you feel a sense of responsibility. You have a role to fill. But remember, eldercare is also a family matter—an important, appropriate part of the family’s agenda. So, everyone’s goal has to be staying…
It is not something most of us want to think about. But according to the U.S. Administration on Aging (AoA), each year an estimated 2.1 million older Americans are victims of elder abuse, neglect or exploitation. And that’s only part of the picture: Experts believe that for every case of elder abuse or neglect reported, as many as five cases…
