Estate Planning, Elder Law, What’s the Difference?

The short answer: Both share similar concerns. The longer answer: The differences make all the difference.   The Concerns are Similar No matter what age we’re in, life can deliver some hard knocks. Hope for the best, but plan for the worst. We can get into accidents, especially when we’re young and under the impression that we’ll [...]

April 2nd, 2019|

Understanding When To Take Social Security Benefits

The Social Security Administration has changed the formularies for benefit payouts. Seniors and near seniors need to understand what these changes are in order to optimize their benefit. If you are sixty years of age or more you are in the forefront of a big change in social security. The full retirement age (FRA), when you can collect [...]

November 9th, 2018|

The rise of bankruptcy in the lives of aging Americans

The golden years are turning into bankruptcy red for many retired and aging Americans. While medical advances are keeping seniors alive longer, the associated healthcare costs in the quest for longevity are being off-loaded onto the older individual at a time when reduced income is a hallmark of senior living.  Older Americans are increasingly filing [...]

September 4th, 2018|

Helpful Ways to Pay for Assisted Living Costs

California assisted living rent can vary from $3,000 to $10,000 monthly. Depending on what type of care your loved one needs, assisted living can be the most affordable solution when compared to a nursing home ($8,000 to $16,000 or more per month) or long-term in-home care ($24 - $30 per hour). If closely monitored medical [...]

August 30th, 2018|

Making Sure Your Estate Plan Reflects Your Wishes

 Jack and Doris wanted to divide their property equally between their three children. The house should to go to daughter Mary who loved it, and the rest of their estate should be apportioned equally between sons Bob and Francis. Jack and Doris’s attorney drafted a will distributing the modest remainder to the sons and the [...]

August 27th, 2018|