If you are a baby boomer approaching retirement age, one of the many issues associated with aging that you might need to think about is the possibility of becoming a victim of elder abuse. According to studies, as many as 2 million seniors are abused every year, though many researchers believe that abuse is widely under reported. Because seniors are often very reluctant to report being victimized by abuse, are unable to recollect it, or were not aware of it occurring, experts say as many as … [Read more...] about Aging Americans Face Increase in Elder Abuse
Elder Law
If You’re a Senior, You May Be a Targeted by Financial Con Artists
As people age they are often less able to recognize scams and swindles designed to cheat them out of their money. Con artists know this, and as more people reach retirement age many criminals are trying to take advantage of elderly people through any number of scams. Here are a few tips that can help you prevent falling victim to some of these common schemes. Never send money. Con artists will say anything to get you to send them money, and are very good at disguising their attempts in any … [Read more...] about If You’re a Senior, You May Be a Targeted by Financial Con Artists
Living Longer May Cost You Big
These days everything comes at a price, including living longer. That’s right: living to a ripe old age is going to cost you the allegorical “arm and a leg,” and may even levy a price against your children. Humans may be living longer than ever, thanks to advances in science, medicine, and technology; but, by extending our life span, we have the likelihood of our succumbing to physical or mental afflictions such as Alzheimer’s. In turn, the elderly have to resort to assisted-care facilities and … [Read more...] about Living Longer May Cost You Big
Have a Plan When You Look at Nursing Homes
After deciding that transitioning to a nursing home or elder care facility is the right choice for you, you need to take a little time to plan how you want to select the appropriate facility. While matching the right type of facility to your needs is paramount, you’ll also want to make sure that you get to know the facilities closely enough so that you can make an informed decision. Here are a couple of tips to help you do that. Tip 1: Make a list of questions. Start your process by … [Read more...] about Have a Plan When You Look at Nursing Homes
More to Worry About in Probate: Post-Death Identity Theft
If you are ever asked to serve as an executor in New York, you should view this question as an indication the person asking you trusts you very much. Your job as executor will be to manage the property that person leaves behind after he or she dies. And while the probate process in New York can be somewhat daunting, you should understand that there are some new problems you might have to face that executors in the past rarely had to deal with. For identity thieves, stealing someone’s … [Read more...] about More to Worry About in Probate: Post-Death Identity Theft
More Elderly Facing Debt Problems
Recent figures suggest that elderly Americans have come under increasing debt pressures during the past several years. The Employee Benefit Research Institute recently published an analysis of government information that studied death rates between 2007 and 2010. During that time, people age 75 and older increased their chances of falling under debt pressure. While people in this age group are less likely to have debt than younger people, they have increased their chances of acquiring debt in … [Read more...] about More Elderly Facing Debt Problems
Retirement Home Basics: The 4 Main Types of Elder Care Facilities
The time may come when you decide it’s best to transition to a retirement home environment. But before you begin looking at individual homes, it’s a good idea to gain a basic understanding of the types of elder care facilities that are available. Each different type will offer specific amenities and services, and you will want to match your needs and desires with those offered by the appropriate type of facility. Independent Living These retirement homes give seniors the opportunity to live as … [Read more...] about Retirement Home Basics: The 4 Main Types of Elder Care Facilities
More Elderly Workers in Workforce
From figures released by the U.S. Census Bureau, the workforce is becoming an increasingly grey place. As more Americans reach the age of 65, more of them are also choosing to stay employed and are significantly altering the demographics of the modern labor force. About one out of every eight Americans is a senior citizen, but by 2040 that number is expected to rise to more than one out of five, or greater than 20%. As the recent recession has also taken a toll on birth rates, that percentage … [Read more...] about More Elderly Workers in Workforce
How to Determine if Your Parents Need Elder Care
The beginning of the year often marks a time when many adult children with elderly parents start looking for assistance to assist their parents in their day-to-day lives. This phenomenon often occurs because adult children have recently spent time with their families during the holidays and because New Year’s resolutions often make helping their parents find elder care a priority. For some people, however, it’s harder to determine if an elderly parent requires assistance. It’s also hard to … [Read more...] about How to Determine if Your Parents Need Elder Care
States Modernizing Medicaid
Since the U.S. Supreme Court ruled this past summer that the Patient Protection and Affordable Care Act (PPACA) could not require states to expand Medicaid, there have been dozens of stories about which states will or will not choose to accept the PPACA’s Medicaid expansion. But, according to the results of a survey by the Kaiser Commission on Medicaid and the Uninsured, along with the Georgetown University Center for Children and Families, regardless of which way a state is leaning over … [Read more...] about States Modernizing Medicaid
