Betty Jensen was an elderly woman with dementia, who resided in her home in Muskegon, Michigan. In May 2011, when she needed assistance, her concerned grandson, Jason, acted on her behalf and hired a non-relative, Teresa … [Read more...]
Print This PageNon-Borrowing Spouses Can Still Face Eviction Due to Previous Reverse Mortgage Rules
Amy (59) and her husband, Frank (66), decided to get a reverse mortgage, sometimes known as an HECM (Home Equity Conversion Mortgage), last summer to supplement Fred's Social Security. Amy was left off the reverse mortgage, due to … [Read more...]
Print This PageDid I Read That Right? Rates for Long-Term Care Insurance Rose 9% This Year!
Q. My wife and I like to plan ahead. Unfortunately, both of her parents and three of her aunts died of Alzheimer's, and we want to make sure we are prepared should one of us need long-term care in the future. We are aware of the … [Read more...]
Print This PageHelp Someone Else and You Might Go to Jail
Ray is a loving father and a good friend who enjoys helping others. He helped his son build a deck, assisted his friend in finding a home, and even does his daughter's taxes on Turbo Tax each year. However, when it comes to estate … [Read more...]
Print This PageWant Free Long-Term Care? Try Medicare Part G.
Q. Nursing homes are so exorbitantly expensive. There is no way I can afford long-term care for myself, when the time comes, or for my husband, Morty. Is there any way to qualify for free long-term care in this country? A friend … [Read more...]
Print This PageHow Nursing Homes are Collecting Debts- More Reason to Plan Ahead
Lillian Palermo, a 90-year old retired insurance executive, entered a nursing home after she began experiencing dementia, falls, and surgical complications. Her husband, Dino, who is eight years her junior, visits her every day. … [Read more...]
Print This PageAsk the Expert: Forgetfulness: When to Call a Doctor
Q. My mother, Meg, has not been herself lately. Last week, when going to the neighborhood post office, she got completely disoriented and lost. She asks the same questions over and over again and often repeats stories. She even … [Read more...]
Print This PageVirginia 529 Prepaid Education Plan Limited Time Open Enrollment: Plan Ahead for Your Child or Grandchild
We all dream of the day when our child or grandchild is accepted to college. From the time he or she is diapers, we begin planning for great things. We drive them to soccer, gymnastics, and music lessons in hopes that they are … [Read more...]
Print This PageHalloween Can Be Scary for those with Dementia
Q. My mother-in-law has dementia and lives at home with a caregiver to assist her with activities of daily living. Before she was diagnosed, she loved Halloween, especially all the decorations, seeing the grandchildren dressed up … [Read more...]
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