Nursing homes and assisted living facilities for the elderly must be constantly monitored for signs of abuse. The National Center on Elder Abuse reports the most common types of abuse include physical (29%), psychological (21%), gross neglect (14%),…
Thinking about death, especially your own death, can be uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other…
When you become seriously ill or injured, nursing home care can cost an astronomical amount. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet…
The Medicaid program provides comprehensive health coverage and financial protection to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and provides nursing home or community long-term care services. As…
A living will is also called an advance health care directive. It specifies what decisions you want medical professionals to make if you are incapable of making them due to accidents or illness. A living will is crucial…
American inflation will continue through 2023 and beyond without any significant course corrections. It is likely that the forty-year inflation high Americans have been experiencing will last well into 2023 and beyond unless there is a significant course…
When your loved one dies without a will, known as intestate, what happens? According to your state’s intestacy laws, a probate court will oversee the distribution process of the decedent’s property. Also known as intestate succession, it has…
During your adult life, you strive to get financial security in the first half and aim to maintain it in the second half. This adage is why many people spend substantial time and effort maximizing their legacy goals…
A person's will outlines who will inherit their property upon their death, and who will handle the estate settlement (called the executor). For many reasons, beneficiaries can feel slighted by what they did or didn’t receive, and some…
When you die without a plan, your estate's financial future and legacy to your loved ones rely on the courts to administer your state's intestacy laws. Dying without an estate plan or a basic will creates confusion, work,…