Keyword Search Result: seniors

How to Avoid a Lapsed Policy

The Facts: My father purchased long term care (“LTC”) insurance decades ago. Since he had been widowed at a relatively early age, he felt it was important that he have coverage in the event he ever needed skilled nursing care or in home care. Recently it has become obvious that my father’s ability to handle […]

How a Power of Attorney Works

The Facts: My elderly aunt, Mary, has no spouse or children and is getting to the point where her heath is failing and she is forgetting to pay her bills. Mary has a will and a healthcare proxy but, she has not appointed anyone to handle her financial affairs or assets. The Question: What do […]

Is Long-term Insurance the way to go?

The Facts: I am in my late fifties and am thinking about purchasing a long term care insurance policy. The Questions:  What are some of the factors I should consider before I purchase a policy? The Answer: Long term care insurance can be very confusing and may not be the best option for some people. […]

What is a Living Will?

The Facts: I want to be sure that I do not receive end of life medical treatment that will do little other than prolong my life. The Questions: Is the document in which I can state my end of life wishes called a living trust or a living will? The Answer: The document in which […]

Here’s to the Older Americans in my LIfe….

May is Older Americans Month.  Since 1963 when President John F. Kennedy proclaimed May to be “Senior Citizens Month”, May has been the month in which communities across the nation acknowledge the important contributions older Americans have made and continue to make to our country.  In 1980 President Jimmy Carter changed the designation to “Older […]