Technology can be difficult for seniors. Often, technology developers don’t keep older adults in mind when creating a product. Many of us, not just seniors, would enjoy bigger buttons on our phones and tablets, easy to use reminders and well-lit screens. Although many seniors shy away from using modern day devices, some items can improve their daily lives. Every senior should try to use a cell phone, a medication management system and a medical alert system.
It is an incredibly stressful and traumatic experience to have a loved one face a serious medical issue and hospitalization. In the moment, you are focused on the minute-to-minute recovery, and not necessarily thinking about what happens when your loved one is well enough to leave the hospital. However, it is important to prepare for next steps.
In recent years, seniors and many others have fallen victim to email scams. These scams prey on the victims’ trust, and allow them to move forward with fraudulent transactions. Although there are many different email scams, here are two popular scams to watch out for.
Fake telemarketing is a billion dollar business for scammers and the large majority of the victims are over the age of 50. Phone scams target seniors because older adults are twice as likely to make a purchase over the telephone. Learn more about a couple of popular scams.
The biggest tax reform in twenty years was passed on Dec 22, 2017 known as the Tax Cuts and Jobs Act (TCJA). It makes fundamental changes in the way families and businesses calculate their federal income tax bills, and most individual provisions stay in effect from 2018 through 2025. Learn more…
It is important to understand the options available to help you help your parents from in-home care and adult day programs; assisted living and board and care; to skilled nursing care. Although many of these options have significant costs, Medi-Cal may offer some financial relief. In particular, Medi-Cal will cover the cost of skilled nursing home care. Although Medi-Cal is a resource-based program, there are many strategies available to Californian residents to qualify for benefits without having to spend down your assets.
Having an estate plan is critical to ensuring the right people are in place should you ever be unable to take care of your needs.
Teachers (and Government Employees)—Don’t Make This Social Security Mistake. Please read this important information to learn more.
Many of us find that a good portion of mail includes appeals from charities for financial help—whether it be to find a cure for a serious illness, help people who just need a hot meal, or to support our service men and women. All of these causes are important, but it can sometimes be difficult to determine legitimate charitable organizations from scams. Learn more about some common scams that you can easily avoid.
When you create a living trust, you appoint a successor trustee to be in charge and manage the trust in the event you are unable to do so either because of incapacity or death. Your trustee is bound to administer the trust by a fiduciary duty. Generally, this means that the trustee must act in each trust beneficiary’s best interest. Find out how this happens.