Grandparents play a unique role in the lives of their grandchildren. Typically, they get to have all of the fun with little of the responsibility where their grandchildren are concerned. At the same time, they are able to pass down their wisdom and life lessons to their grandchildren, providing them with invaluable advice and guidance. Grandparents also frequently include their grandchildren in their estate plans. Usually, including a grandchild in your estate plan requires nothing more than … [Read more...] about Special Needs Planning for Grandparents
If you are the parent of a child with special needs you undoubtedly worry about your child’s future just like any other parent. You may not worry more than other parents; however, you may have more to worry about as the parent of a child with special needs. Will your child be able to live independently as an adult? Will your child need ongoing assistance as an adult? Who will help your child is something happens to you? Most importantly, how can you ensure that your child has sufficient … [Read more...] about Can Special Needs Planning Protect My Child’s Inheritance?
A child with Down syndrome is playing with toys Every parent worries about providing for their child in the event they are suddenly taken away from the child. The parent of a child with special needs, however, typically feels a more urgent need to plan for that possibility. In addition, as the parent of a child with special needs you are undoubtedly planning for the day when your child reaches adulthood. You already know that the costs involved in caring for your child can be high. … [Read more...] about How a Special Needs Trust Can Protect Government Benefits
If you are the caregiver or loved one of someone with Alzheimer’s or special needs one of your biggest fears is likely that your loved one will turn up missing. Whether your loved one simply wanders off from the grocery store, or decides to take a drive and gets lost, the idea that he/she is out there somewhere lost and frightened is something you never want to go through. While there are steps you can take to try and prevent just that scenario from unfolding, there is no guarantee that it will … [Read more...] about Residents with Special Needs or Alzheimer ’s Disease Now Have New Police Program in New Hampshire
In the one area of the federal government’s program budgeting that demands a higher commitment to accuracy and accountability, the collective Medicare Advantage Plans programs show neither. In a years-long investigation, complete with mounting evidence at every turn, there are still countless cases of government overpay. Our seniors and elderly are the ones who shoulder the results from a lack of oversight. The Centers for Medicare and Medicaid Services recently revealed that as far back as … [Read more...] about Billions Gone: Medicare Advantage Plans Overcharges
Many who receive Social Security are hearing COLAs are becoming more unlikely for 2016. Cost of living adjustments, or COLAs, are adjustments made to Social Security and supplemental security income in order to ensure the income is in line with other economic influences, such as inflation. They were put into place in 1975 so that those who receive benefits were able to keep up with inflation. Not only that, but for higher income seniors, they could see their benefits decline as the premiums … [Read more...] about Your Social Security and COLA
The Department of Justice announced that it has created an online complaint process. It’s already released formal regulations, marking the first time disabled Americans have had this more convenient option. The Americans with Disabilities Act was passed in 1990. Since then, it’s gone through many revisions, including the way we access its information. We’re doing everything online these days, from filing for insurance to renewing our drivers’ licenses. It makes sense that there’d be a … [Read more...] about DOJ Ramps Up its Online Complaint Process for Disabled
Here’s the thing about statistics: no two studies on one subject will ever reveal identical numbers. In fact, important as they are, the results are subjective. Datasets should, however, reveal similarities. There’s one area where the numbers have been consistent for years: long term care in America. There are about 12 million elderly or disabled Americans who rely on long term care for a number of needs, from eating and taking medication to housework and ensuring there are no missed doctor’s … [Read more...] about Long Term Care Truths
Fifteen years ago, there were around 40 long term care providers that offered these types of insurance policies in Massachusetts. Today, there are less than twelve. Genworth is the latest provider of long-term care insurance that has opted to cease offering these types of policies in the state. Unfortunately, it was also the largest insurer in the state. Massachusetts consumers in search of this type of insurance with the goal of helping to pay for the rising prices for nursing homes and elder … [Read more...] about The Long Term Care Crisis in Massachusetts
Have you ever wondered to yourself what life looks like once the kids are raised, out of the house and raising families of their own; or what you’ll be doing years after retirement? Many people say they’re not quite sure that should look like; no one knows, after all, how long they’ll live and who they might outlive. It’s overwhelming at times, but one country has a solution that is the epitome of “win –win”. The question is, could aging in place look like this in the US at some point? Living … [Read more...] about Have the Dutch Figured Out Aging in Place?