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Have you thought about the consequences for you and your family if you were suddenly incapacitated due to an accident or illness? Powers of attorney act as safeguards in terms of your medical and financial needs. Making sure you have them will put your mind at ease....
If your elderly parent is like most people who need nursing home care, he or she is either “over-income,” “over-asset” or both. Yet, your family may still struggle to afford the high cost of long-term care. Your family is not alone. Medicaid’s income and asset...
You want to help support your aging parents while they enjoy their golden years in Pennsylvania. Lately, you wonder whether supporting them means helping them with or taking over certain tasks for them. Forbes describes scenarios that may indicate your aging parents...
Long-term care is the assistance you receive as you age and can no longer take care of all your needs on your own. Not everyone will need long-term care. You may be independent and healthy enough to avoid it as you age. However, most people will need it at one time...
If you have a child with special needs who requires care and will require care for the rest of his or her life, then you have a need for special needs planning. Putting a plan in place is essential to ensuring that your child has the right care when the time comes...
Fraud can have detrimental side effects for anyone but can be especially devastating for an elderly loved one. With the loss of independence being a central part of aging, one of the only things your loved one may still feel in control of are the assets he or she has...
An important part of the estate planning process in Pennsylvania is establishing a power of attorney. This legal document gives one person (the "agent") the authority to act for another person (the "principal"). The agent should be a person the principal implicitly...
When Pennsylvania first acknowledged problems within its guardianship system, there was guarded optimism that timely changes would be made. Reform was long overdue and better protections for our vulnerable loved ones were necessary. So, how much progress has the state...
The majority of Americans understand what a will is, at least in concept, but many people are not nearly as familiar with living trusts. Living trusts may be important components of estate or long-term care plans. There are two main types of living trusts -- revocable...
If you disagree with the contents of a loved one's will, then you might wonder if there is anything you can do about it. In Pennsylvania, you can contest the will in certain cases. But not just everyone can contest a will for any old reason. You must fulfill several...
