For those interested in information on Medicare, understand that applying for the benefit sometimes seems like a double-edged sword. On the one hand, Medicare is obviously a good resource because it provides medical benefits to seniors who are often on a fixed income.
Many people are stunned to learn how much information is public record and easily accessible to anyone with internet access. Land records reveal where you live, how much you paid for your home and even photos of the house and land.
The military profession comes with inherent risks. While everyone benefits from proper estate planning, it is especially imperative for military personnel. Having a comprehensive estate plan provides the peace of mind that your family will be cared for in the event of your death or disability.
Senior care is being re-envisioned with the advent of artificial intelligence. There is a need to provide an ever-increasing aging population with consistent and competent health aides.
With more seniors choosing to live with adult children who work full-time, adult day care centers offer a valuable service. It allows the senior to socialize, engage in activities and receive proper care during the time that the family members either work outside of the home or need a break from caregiving.
A trust is a legal document funded with certain assets, managed by a trustee and upon certain stated conditions transfers the assets to named beneficiaries. A living trust is created during a person’s lifetime while a testamentary trust is created under a will during the estate administration process after the person dies.
Transferring real estate can pose a variety of issues during the estate administration following the real property owner’s death. Real property includes the physical property of real estate as well as a bundle of ownership and usage rights.
For care providers and aging seniors in the information age, the future is now. While still with some challenges, adoption of virtual care as a standard in senior living and aging services has become a fully integrated and accepted practice to overcome obstacles in senior healthcare.
A comprehensive estate plan transfers assets from one owner to chosen beneficiaries while also minimizing administration expenses and tax liabilities. A category of assets that can be included in an estate plan is intellectual property interests.
Whether it happens unexpectedly or after a long illness, facing the death of a loved one can be a painful experience. Everyone grieves differently which makes those wanting to help often at a loss of the best manner to go about offering that help.
