Planning for Alzheimer Care Costs

Jun 11, 2023 | Debt

  Paying for care is a big concern for families as Alzheimer’s progresses for a loved one. Putting financial plans in place as soon as a diagnosis has been made can help secure their financial future. Understanding the Costs Your Loved One May Face. To plan...

7 Tax Deductions for Seniors You Might Not Know About

Apr 2, 2023 | Debt

  It’s tax season, which means you might be feeling overwhelmed at the prospect of helping file taxes for your aging parent. The IRS offers several tax deductions for seniors, though not everyone knows about them. Here are 7 tax deductions for seniors and how you...

Why are They Considering a Medicaid Divorce?

Jan 26, 2023 | Debt, Divorce

Medicaid divorce is the dissolution of a marriage in which one spouse requires long-term care. Medicaid divorce is intended to protect assets for the non-applicant spouse, also called the healthy spouse or community spouse. By divorcing, a healthy spouse may be able...

Managing an Aging Parent’s Money

Jan 9, 2023 | Debt

When we think about those struggling with finances, we usually picture recent college graduates and young adults. Yet 60% of seniors are working into retirement because they can’t afford to retire. It’s important to understand the most effective ways to assist your...

Gifts for Seniors for Healthy Living

Dec 22, 2022 | Debt

If you’re shopping for a beloved senior in your life, look for a present that can make daily life easier, healthier and more enjoyable. Here’s a guide to gifts for seniors that encourage both healthy living and fun times.   A Medical Alert System. Prioritize a...