People who are involved in elder law and geriatrics are always going to encourage seniors to make healthy lifestyle choices. Celebrating a certain birthday doesn't have to equate to the expectation of ill health. Many health problems are brought about by an accumulation of poor choices, and indeed many illnesses are preventable if you do the right things. The above having been stated you don't want to harbor any illusions as you are making preparations for the latter stages of your life. While … [Read more...] about Make Healthy Choices, but Don’t Harbor Illusions
Life is precious, and everyone strives to achieve longevity. However, you do have to be pragmatic about the eventualities that you may face if you do in fact live to an advanced age. Back in 2010 the United States Census Bureau released some interesting demographic statistics. One of them is very much relevant to the field of elder law. Among ten-year age groupings the fastest-growing of all between the years 2000 and 2010 was the set of Americans between the ages of 85 and 94. 40% of people … [Read more...] about Something to Think About as Population Ages
With nursing home costs being so extraordinarily high these days people have a very strong financial incentive to look for other options. In addition to the financial element, many people obviously would prefer to stay at home if possible for their own reasons. In-home care can be facilitated by taking a couple of different steps. One of them would be to evaluate the needs of the person in question and make home improvements to accommodate them. Common improvements would include the … [Read more...] about Have You Considered a Residential Care Home?
The high cost of nursing home care is something to take very seriously when you are budgeting for your senior years. In fact, these expenses are quite relevant when you are planning your estate as well because they can erode your financial legacy considerably. It can be difficult to envision a time when you may not be able to care for yourself, but the statistics don't lie. The MetLife Mature Market Institute puts out an annual survey that sheds light on the state of long-term care costs. In … [Read more...] about Nursing Home Facts to Consider
There are some rather challenging realities that we all may face when we reach an advanced age. Because things like limited mobility and incapacity are not very pleasant to consider some people sweep these possibilities under the carpet and never think about them or discuss them with their family members. This is a mistake because the truth is that most people who reach the typical age of retirement are going to need living assistance eventually. In most cases family members provide the care, … [Read more...] about There May Come a Time When Your Parents Need Assistance
If you are not concerned about incurring nursing home expenses late in your life you should be. These costs are extraordinary, and they are steadily rising as the years pass. There are those who are under the impression that it is unlikely that they will ever need care. But if you were to ask these individuals if they expect to live to the age of 65 virtually every one of them would say yes. Statistics provided by the United States Department of Health and Human indicate that the majority of … [Read more...] about Are You Concerned About Potential Nursing Home Expenses?
Nursing home care is extremely expensive these days, and you certainly want to know exactly what you are getting into before you sign a contract with a nursing home either for yourself or on behalf of someone else. If you make assumptions and sign on the dotted line without having a complete understanding of what your responsibilities are you could find yourself in a difficult situation later on. This is something that a Connecticut woman found out about firsthand not too long ago. A court … [Read more...] about Seek Legal Counsel Prior to Signing Contracts
Any time you enter into a contractual agreement the conventional wisdom is to make sure that you "read the fine print." When it comes to long-term care insurance you should certainly take this advice to heart. Given the state of nursing home costs long-term care insurance is a very viable option for many people. However, is a good idea to consult with an elder law attorney before you make any final decisions. With the above in mind a case that was decided by a court in Kentucky recently … [Read more...] about Elder Law Case of Interest Decided in Kentucky