Funerals rank among the most expensive purchases many consumers will ever make. A traditional funeral costs about $6,000, although “extras” like flowers, obituary notices, acknowledgment cards and limousines can bring […]
Many retirees look forward to traveling in their retirement, and more and more are actually retiring overseas, in part as a way to stretch savings. But what happens to retirees’ […]
For most people, the durable power of attorney is the most important estate planning instrument available — even more useful than a will. A power of attorney allows a person […]
Medicaid’s Rules In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all […]
Some 29 states currently have laws making adult children responsible for their parents if their parents can’t afford to take care of themselves. These “filial responsibility” laws have rarely been enforced, […]
Back in the year 2000, a series of profiles of American centenarians debuted on National Public Radio (NPR) called “One Hundred Years of Stories.” Producer Neenah Ellis later translated those […]
Here in the great state of Connecticut, there have been several new communities opening and marketed to the older adult population. Communities designated as “Independent Living” (IL) and “Assisted Living” […]
If you are a Medicare beneficiary receiving skilled care for a chronic condition, you no longer have to show improvement in order to have the care covered, but your provider […]
How can you make sure your funeral and burial wishes will be carried out after you die? It is important to let your family know your desires and to put […]
Retiring to another country can be a very attractive option. Lower cost of living and health care expenses along with exotic locales and temperate climates persuade many seniors to retire […]