AI and Aging
Artificial Intelligence (AI) is revolutionizing various sectors, and elder care is no exception. As our population ages, the need for innovative solutions to support seniors becomes increasingly critical....
Coping with Caregiver Burnout
Approximately 53 million Americans provide unpaid care to another adult, and providing adequate care to a loved one requires over 24 hours per week on average, according to the Caregiving in the U.S. 2020...
Understanding Medicaid’s Look-Back Penalties, Exemptions and Exceptions
For an elderly person to be eligible for nursing home care, assisted living, adult foster care, or in-home care from Medicaid, they must have limited income and low assets. To prevent applicants from simply...
How to Avoid Challenges in Your Will or Trust
Although you may have taken the time to create well structed wills and trusts, there are some common challenges which may present themselves upon your passing. Disputes amongst beneficiaries can result...
The Importance of Business Planning
If you already own a business or are considering starting one soon, you are likely exploring strategies to ensure your venture can maintain profitability and staying power. As one of your most valuable...
Managing a Medicaid Crisis
As of 2022, the average monthly cost of a semi-private room in an American nursing home was estimated at around $8,000 and $9,300 for a private room. These figures represent the national average and actual...
How to Identify Signs of Abuse in Nursing Homes and Assisted Living Facilities
Those who find themselves in the care of a nursing home or assisted living facility are often some of the most vulnerable members of the population. Although nursing home care offers multiple benefits...
Why Transferring Home Ownership Does Not Replace an Estate Plan
It can be tempting to avoid the costs of creating an estate plan when your only significant asset is your home. Afterall, what’s the harm of simply putting your home in your child’s name to avoid probate...
Should Your Beneficiary Serve as Your Executor or Trustee?
For most people, choosing an executor or trustee means choosing someone close to them – a family member or a friend. However, this often means their executor or trustee is also a beneficiary. But, will...
Could You Benefit from an Irrevocable Living Trust?
When properly designed and implemented, Irrevocable Living Trusts can provide an almost unsurpassed level of asset protection, keeping your assets safe from the high cost of long-term care. And, similar...