Dementia is a horrible part of aging. While there is no guarantee that you will suffer from it, it is still a scary prospect. If you have a loved one who has this condition, then you truly understand how it works and what it does to a person. Someone with dementia...
Picking your own financial adviser
Financial advisers are one of the most important components of your team when you prepare yourself for what lies ahead. You are not only trusting them with your current finances but essentially putting your future in their hands. Unfortunately, not all financial...
Pick your own financial advisor
Financial advisers are one of the most important components of your team when you prepare yourself for what lies ahead. You are not only trusting them with your current finances but essentially putting your future in their hands. Unfortunately, not all financial...
Developing a plan for a parent with Alzheimer’s Disease
A parent's mental capacity, memories and sense of self may become impaired over time. For family, it's difficult to see a loved one change and decline in these ways. However, you can take steps and make decisions to help maximize your parent's quality of...
Difference between Medicare and Medicaid
Many people in Pennsylvania may find it difficult to distinguish between Medicare and Medicaid, given the similarity in their names and the fact that both programs relate to health coverage. Understanding the difference is important when planning for or reviewing...
Preserving your priceless collection
The things that matter to you may not always make sense to your loved ones, but any enthusiast feels a closeness to their collection – whatever the medium. While most of your personal effects may not matter to you once you’ve passed, your collection may be...
Should you use an annuity to pay for long-term care?
As people age, certain tasks become more difficult, and health concerns multiply. Some illnesses may be short-lived, but other conditions may linger or become long-term issues. The Pennsylvania Health Care Association estimates that 70 percent of people turning 65...
What is a power of attorney and do you need one?
Perhaps you have heard of powers of attorney (POA) and are wondering if you should have one. Or, maybe you have an elderly parent who may soon need help making financial or medical decisions. These are all great reasons to learn more about powers of attorney and what...
When family members are the perpetrator of elder abuse
Elder abuse happens more than you might think, and often the perpetrators are members of the elder individual’s family. This can be difficult to come to terms with, especially if you are close with the elderly victim, or the perpetrator is also part of your family....
On what grounds can a Will be contested?
Pennsylvania residents have been encouraged many times on this blog to engage in estate planning, including the creation of a valid and legal Will. When drafting a Will, many people let their loved ones know what to expect, which can help to prevent family disputes in...