Relocation and Downsizing Specialists Who Serve the Senior Market
[caption id="attachment_1198" align="alignnone" width="530"] Boston home care[/caption]
August 6, 2019 | by the National Care Planning Council
As people age, they often become overly attached to their homes and even though there may be compelling reasons to find other living arrangements, these folks will go to extreme lengths to remain in their homes.
Notwithstanding the affection for their dwellings, there is oftentimes undeniable pressure for seniors to move out and into different living arrangements. Consider the following:
The challenge of maintaining a yard and providing u ...... Read More
The Cancer You Can See – Skin Cancer
Skin cancer is very common. In fact, one in every three cancers diagnosed are classified as skin cancer. But what is skin cancer? The Epidermis (skin) is made up of four different types of cells Merkel, Langerhans, Keratinocytes, and Melanocytes. Skin cancer occurs when irregular skin cells form to create a malignant or benign lesion. Malignant lesions are more aggressive and considered cancerous. Benign lesions are considered non-cancerous. These irregularities within the cells are a DNA mutation caused by ultraviolet light.
Skin cancer is most commonly a result of sun exposu ...... Read More
What Every Adult Child Needs To Know About Home Caregivers For Seniors
It’s no secret that growing up is a real pain in the backside simply because we are constantly being bombarded by decisions that care serious weight and consequences. Perhaps no other decision you’ll make is harder than whether it’s time to hire a home caregiver for senior family members like your parents. We’d like to believe that the older we get, the more we can steel ourselves away from the realities of adulthood. The truth is, though, that we will have to face things like the mortality of our parents, and no matter your age, nothing makes you feel like a little kid quicker tha ...... Read More
How Can You Get Money Out of Life Insurance Without Dying?
July 23, 2019 | by the National Care Planning Council
A life settlement, or senior settlement, as they are sometimes called, involves selling an existing life insurance policy to a third party—a person or an entity other than the company that issued the policy—for more than the policy's cash surrender value, but less than the net death benefit.
The purchasers become the new owners and beneficiaries for the death benefits of these purchased policies. They also take over paying the premiums. This is a legitimate investment in the death of another person. The investor will pay the ...... Read More
Government Pays for Only about 16% of Long Term Care
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April 2, 2019 | by the National Care Planning Council
Government programs such as Medicare, Medicaid and the Veterans Administration will cover the cost of long-term care under certain conditions. Medicare will cover rehabilitation from a hospital stay or limited care at home if there is a skilled need. The Veterans Administration will cover the cost of nursing home care if the veteran is at least 70% service-connected disabled. The VA will also cover other forms of home-based or community-based care ...... Read More
Medical Care Decisions Prior to Death
[caption id="attachment_1210" align="alignnone" width="534"] Boston Home Care Agency[/caption]
February 26, 2019 | by the National Care Planning Council
No one in this country dies from old age. In the mid-1950s, "old-age" was discontinued as a cause of death on all US death certificates. The assumption was that old age itself was not a disease but contributed to life-threatening disorders that were the ultimate reason for death. The chart below shows the major causes of death for Americans. About 53% of those deaths are due to cancer or heart disease. But note also the high incidence d ...... Read More
Why Do You Need to Review and Update Your Beneficiary Arrangements?
November 5, 2018 | by the National Care Planning Council
Beneficiary Designations Override the Provisions of a Will or Trust
Beneficiary designations at death take precedence over the provisions of a will or trust. Regardless of the planning that has been done for distribution of the estate, if there is a designated beneficiary or beneficiaries, that person or persons will receive the asset at death. These beneficiary provisions have from time to time been challenged in court. No court, if the beneficiary and the contract were legal, has overturned distribution to a beneficiary.
Thos ...... Read More
Some Ideas on How to Avoid Probate
August 14, 2018 | by the National Care Planning Council
Probate avoidance is not as important as it used to be because of the many states that are bypassing the formal probate process with simplified options. But there are still a number of states that have not provided relief from the high cost and time involved. In addition, even in those states where it is simplified, it is much easier to avoid the process altogether. Here are some of the more common strategies.
Pay on Death for Bank Accounts
Almost any bank will establish a pay on death for savings, CDs and checking accounts. Thi ...... Read More
Elder Mediation Services
July 17, 2018 | by the National Care Planning Council
What Is Elder Mediation?
It is amazing how quickly formerly cordial relationships between family members will sour when the family has to deal with care of elderly parents or inheritance at their death. Sometimes the consequence of dealing with the final years of elderly parents can break families apart and create long lasting animosity.
Elder mediation is a promising new tool to help families heal broken relations, solve difficult issues arising from dealing with elderly parents, or prevent misunderstandings or problems from ...... Read More
Financial Abuse of Senior Citizens
June 12, 2018 | by the National Care Planning Council
Roughly 35% of the 25 million persons in the U.S. at age 71 or above have mild cognitive impairment or dementia, according to a Duke University study. These people with impaired decision-making capabilities are highly susceptible to financial abuse.
Financial abuse of elderly persons who are impaired in their decision-making can take several paths. First of all, because of confusion or uncertainty about handling their own financial affairs, elderly people are often preyed upon by unscrupulous individuals trying to take away their ...... Read More
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