Banks Refuse to Honor a Durable Power of Attorney Because of a Small Name Problem.A Durable Power of Attorney (“POA”) can be a useful tool in estate planning. In a POA, a person termed the “principal” gives legal authority to a different person, termed the “agent,” to take certain actions on the principal’s behalf. But […]
<p>It may be impossible to prevent relatives from fighting over your will entirely, but there are steps you can take to try to minimize squabbles and ensure your intentions are carried out.</p>
<p>Medicare Advantage plans are a popular alternative to regular Medicare because the plans often offer lower out-of-pocket costs, but buyers need to make sure they know what they are paying for.</p>
<p>Taxpayers with long-term care insurance policies can deduct some of their premiums from their income. Whether you can use the deduction requires comparing your medical expenses to your income in a complicated formula.</p>
<p>A new Medicare rule will promote earlier diagnosis of Alzheimer's disease. Medicare will now reimburse primary care doctors who conduct an Alzheimer's evaluation and offer information about care planning to elderly patients with cognitive impairment.</p>
The Benefits of Adaptive Clothing Getting dressed and undressed is one of the essential activities of daily living (ADLs) that many of us can take for granted. Our daily lives require clothing adjustments during toileting, showering and attending medical appointments. Older adults living with chronic conditions such as arthritis and paralysis can face frustration with […]
The Estate of Philip Seymour HoffmanPhilip Seymour Hoffman was a talented actor who left an impressive body of work when he died in February 2014 at the age of 46. His cause of death was an accidental drug overdose. He left an estate of approximately 35 million dollars. As we have seen in a number […]
What Aging Parents Expect of their Adult ChildrenWhen does the role of adult child change to include caregiver? Longtime family dynamics can impact how the boundaries between adult children and their parents become blurred. When do adult children feel the need to “step in” and play active roles in managing their parents’ lives? The […]
<p>Finding love later in life may be unexpected and exciting, but should it lead to marriage? </p>
<p><span>The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 income as a result of buying long-term care insurance.</span></p>