Estate Planning Articles

When Aged Parents Refuse to Discuss End-of-Life Care

Posted by Eric P. Rothenberg – No one likes to discuss their own death, as if talking about it will somehow hasten it, or not talking about it might prevent it from happening! By encouraging your parents to prepare for the end of their lives, you are not only acting as a responsible and loving child, but you are saving time, money, and heartache for yourself and the rest of your family. All parents want to leave their children as much as they can as a legacy, and that’s precisely why estate planning is beneficial to them as well. A short answer: if they become incapacitated before signing a durable power of attorney or their will, you are out of luck and their estate will pass under intestacy laws [when there’s no will]. In approaching your parents next time, it may be best to remind them that while making end-of-life

Read More »

4 things to know about a Financial Power of Attorney

Posted by Gerald J. Turner – Most of the information you find about financial powers of attorney regards the person assigning the power to another person. However, it is essential to understand what your duties and responsibilities entail if you are named as the attorney-in-fact under an older loved one’s power of attorney. It is an important responsibility to be asked to care for another person and keep track of his or her money. Unfortunately, the adult child or other loved one who has been asked to have financial power of attorney often does not have all the information or resources they need to be successful. Here are a few tips to help you stay on the right track: 1. Do not commingle funds. It is imperative that you keep your personal finances separate from the elder’s. Money should not be mixed, nor should it be transferred from one account

Read More »

5 things seniors need to know about falling down

Posted by Gerald J. Turner – “I’ve fallen and I can’t get up!” Remember that old commercial? No one wants to imagine getting older and facing the potential embarrassment or medical problems that can come along with a nasty fall, especially if home alone. But, unfortunately, the truth is that 1 in 4 seniors suffers from a fall every year in the United States. Hospitals see a new case of fall-related injuries every 11 seconds. Let’s delve into some of the facts of falling and how you can prevent it from happening to you. One of the biggest myths of falling is that it is a normal part of aging. It doesn’t have to be. Even though your muscle mass may not be what it used to be, there are definite steps that you can take to avoid falling. 1. Proper management of medication is important, as is having your

Read More »

Healthy eating tips for seniors

Posted by Gerald J. Turner – It is well-settled that a healthy diet benefits us in all sorts of ways. Healthy eating can prevent common health problems like diabetes, heart disease, high blood pressure and any other number of consequences of a less-than-healthy diet. Healthy eating becomes even more critical as we age into our senior years. For seniors, dietary choices can affect health in even more significant ways. Your metabolism slows down significantly as you grow older, leading to decreased muscle mass and the possibility of increased fat. Here are a few tips to help seniors optimize their daily diet so that they can remain healthy, vibrant and strong: Drink enough fluids For aging people, the sensation of thirst may lessen. So it’s important to make sure you are drinking the proper amount of water throughout the day to stave off dehydration and its side-effects. To figure out exactly

Read More »

5 tips to get the most out of your doctor’s visits

Posted by Gerald J. Turner  – It is an unfortunate truth that getting in to see a doctor in America can be a cumbersome process. Sometimes it takes months of waiting to secure an appointment – and this only entitles you to fifteen or twenty minutes to cram in everything you want to talk about. Because of this, it makes sense to make sure you are well-prepared before you visit the doctor. Here are a few tips to help you get the most out of your medical visits. 1. Fill out the paperwork ahead of time Many doctor’s offices allow you to fill out paperwork on their website before your visit to avoid unnecessary delays and the possibility of office staff misreading your handwriting. If you are not tech savvy or do not feel comfortable using a computer, ask one of your children or another trusted person to help you

Read More »
Top