Blog
For care providers and aging seniors in the information age, the future is now. While still with some challenges, adoption of virtual care as a standard in senior living and aging services has become a fully integrated and accepted practice to overcome obstacles in senior healthcare. Virtual care techniques have been in use for over a decade and have moved beyond infancy stages. Several top providers of senior living care accept virtual care as an effective means to administer care. Furthermore, seniors and staff providing care recognize the value that… Read More
It’s an unfortunate fact that seniors can be prime targets for financial abuse and scams. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members. That’s why it’s important that planning is in place to help seniors protect themselves and their assets. As we age, it can become increasingly difficult to manage our assets. Most of us will, at some point, need assistance with these details to help ensure that our financial and other assets aren’t depleted. If you or an aging loved one…Read More
One cannot overstate the importance of family presence in a senior’s life. Family creates a consistent social network and connection that directly impacts the senior’s overall quality of life. Prioritizing family relationships provides continuity as a senior experiences change in their social network. Friends may change, become ill and unavailable, or even pass away, but family is multi-generational and, as such, has an enduring presence for an aging family member. The stability of family relations, even with the ups and downs of disputes, is a familiar source of social and… Read More
Veterans are an important class of our population and as such, it is important to know about the various benefits available to them. Many of the benefits are based on the type of service by the veteran, the health of the veteran, or a combination of these factors. We have outlined 4 of veterans benefits below. 1. Disability Benefits Disability benefits are available for military veterans who were disabled during their service or as a result of their service. In order to qualify, veterans must have a service-related disability rating… Read More
Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability. Others believe that an estate plan is only for rich people. However, an estate plan is helpful for the senior adult and their families regardless of overall wealth. The estate is all the property owned both individually and jointly, including bank accounts, real estate, jewelry, etc., and what… Read More
What Is A Special Needs Trust? In general, a trust is created when property or assets are managed by a person or firm for another person’s benefit. The person or entity who manages the trust is known as the trustee and will be responsible for making decisions in the best interest of the person who benefits from the trust, known as the beneficiary. Trusts are advantageous because they provide the ability to place conditions on how and when your assets will be distributed when you die, reduce estate and gift… Read More