When it comes to our family members, we like to think that we know what is best for them. For the most part that is true. After all, these are people we grew up with or in the case of family by way of marriage, got to know over the years.
Yet there are times, in particular when loved ones get older and need help, that the question, “Should I seek professional help?” arises with respect to the health and financial affairs of your loved one.
Continue Reading When to Seek Professional Help
Most people prefer to stay in their own home where they are comfortable, secure, and can be independent, rather than receive care in an assisted living/personal care facility.
However, if your loved one decides to remain in his or her home, support can be provided by a home health care provider. Home health care providers offer a wide range of services to ensure that your loved one is well cared for.. When you begin looking for the right home health care provider for your loved one, consider the following list of tips to help you find the right caregiver.
Continue Reading Checklist for Hiring an in Home Care Provider
Both a power of attorney and guardianship are tools to assist someone who is unable to make financial or medical decisions for him or herself by appointing an agent or guardian to act in their stead. However, these tools differ in their responsibilities and the freedom and control they give to the elder or person with special needs.
Continue Reading What is the Difference between Guardianship and a Power of Attorney?
Winter isn’t an easy season, unless you escape to Florida or Arizona until spring arrives.
Those of us who stay up north from December through March comes know that we’re in for a difficult few months. For senior citizens, this season can be even rougher, as they face a greater risk of accidents, injuries and health problems.
Continue Reading Senior Winter Safety Tips
It’s one of the most difficult decisions a family can face: Moving an older parent into a long-term care facility. Even if the parent recognizes they can no longer live on their own, there are other major questions to be answered:
How do we know a nursing home is safe? How can we make sure they’ll get the best care? As an elder care attorney in Bucks County, Richard Newman knows how difficult it can to answer these questions. That’s why we’re sharing this list from the AARP.
Continue Reading Questions to Ask Before Choosing a Long-Term Care Facility
There is new legislation that allows for a family that has a loved one with special needs to set up an ABLE Savings Account. The Stephen J. Beck, Jr. Achieving a Better Life Experience Act (ABLE Act) was signed into law in December 2014. This law allows states to create their own ABLE programs. Previously, Special Needs Trusts were the only way a family could save money for a special needs individual without losing eligibility for SSI and Medicaid benefits. But now with the availability of ABLE Savings accounts, families have another option to save for their disabled loved one’s future.
Continue Reading What should you know about ABLE savings accounts for your loved ones with special needs?
Supplemental needs trusts in PA serve a specific and important purpose: to provide for someone with a physical or mental disability after the death of a parent or another loved one.
Here are some common questions we hear about these trusts:
1. Who can create supplemental needs trusts in PA?
These trusts – which are also referred to as special needs trusts –are typically set up by a parent, grandparent or legal guardian, although siblings or other relatives can establish a trust as well. In some cases, a judge can create an SNT for a person with a disability.
Continue Reading Common Questions About Supplemental Needs Trusts
You are now in your late 50’s and getting closer to retirement. As you were working, discussions about Social Security benefits have been prevalent in the mouths of the government, the media, family and friends.
Everyone relies on Social Security, but it is especially important to those that are older. Recently, older Americans have been feeling the pressure from wages not increasing and pensions becoming smaller and smaller. This pressure is only likely to grow in the future. How do you make sure that your plans for the future will be viable?
Continue Reading Present and Future Social Security Outlooks for Older Americans
No one likes to think about the end of their life, but planning for the end is important.
It’s doubly important when you know you’ll be leaving behind children, whether that means juveniles or adult children or other family members with special needs.
Making arrangements for the care of minor children is its own topic. Today we’re going to focus on children with special needs, and the concept of the special needs trust, also known as a supplemental needs trust.
Continue Reading What to Do When Drafting a Special Needs Trust
Despite concerns about finances and health, most people look forward to retirement. The idea is that people will have more time for personal interests since they no longer have to work or care for small children.
Of course, things aren’t always ideal. A serious illness, dementia, or even death can mean that retirement won’t be so golden. While many health issues can’t be prevented, they can be planned for, especially since a stroke, complications from diabetes or osteoporosis can lead to long-term care situations, such as assisted living or nursing home placement.
How do you plan for a future that may include chronic health issues when you aren’t sure what the future may hold for you? These things can help:
Continue Reading Do You Have A Plan For Your Future?