Aging Parents

The Benefits of Positive Thinking for Body and Mind

  “Wondrous is the strength of cheerfulness, and its power of endurance – the cheerful man will do more in the same time, will do it; better, will preserve it longer, than the sad or sullen.”   -Thomas Carlyle The benefits of a positive attitude are talked about a lot, but today’s research shows evidence that […]
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Why Bother with a Care Agreement?

In our last post we provided a brief overview of Care Agreements.  This week we consider a recent Louisiana court decision that illustrates a big problem that arises when relatives are paid for providing care services to a loved one and that arrangement is poorly documented.  See Widley David v. State of Louisiana Dept. of […]
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What is a Care Contract and why should you have one?

As individuals get older, they often need more and more help with their personal and financial needs.  It becomes harder to do a whole host of things ranging from paying bills and balancing a checkbook to keeping track of medications, transportation to medical appointments, and bathing.  While that help may be delivered by a home […]
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I Don’t Have Children – Who Will Care for Me?

Over the years, many women decided that they didn’t want children. Their decision was made not necessarily because they were selfish; many were career-oriented and received fulfillment through their work. But as these women age they wonder who will care for them, especially when they watch their friends’ children help them through illness or life […]
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Observations on the U.S. Trust Annual Wealth Survey

U.S. Trust conducts an annual survey of high net worth individuals to prepare a comprehensive report it calls the “Insights on Wealth and Worth” (“Survey”).  While there are many fascinating observations and conclusions that may be drawn from the 2014 Survey, we have highlighted a few below that have a direct bearing on our practice […]
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