According to a new article published by Financial Planning, “How to Fix LTC Insurance” claims that the best way to make long-term care insurance accessible to more seniors, as well as affordable, is to integrate the use of short-term elimination periods. The Director of Research at the Pinnacle Advisory Group…
Articles Posted in Elder Law
How the Elderly Can Stay Independent Longer
Most of the questions surrounding elder care revolve around who will take care of that senior or determining where that senior will reside. However, a more important question that the elderly should be asking is how can they take care of themselves for as long as possible without becoming dependent…
Nursing Homes Filing for Guardianship to Collect Debts
Few people are aware that a nursing home has the power to file for guardianship over its residents. Because guardianship cases are difficult to gain access to or track through the court system the rate at which this occurs is difficult to ascertain. However, research is emerging that shows that…
Benefits and Programs for Elderly New Yorkers, Pt. 2
The first part of this article explained that there are many programs and benefits available to seniors that live in New York. The second part of the article continues to explain various services that are available to the state’s elderly population. Temporary Assistance This program provides cash benefits for senior…
Benefits and Programs for Elderly New Yorkers, Pt. 1
As an elderly resident of New York state, age sixty years or older, you have access to many programs, benefits, and community services that you might not be aware of. Different benefits throughout the state have varying requirements regarding age, finances, and other rules regarding eligibility. This article, and the…
Deciding if Long-Term Care Insurance is Right for You
According to researchers at Georgetown University and Penn State University, over seventy percent of seniors in America over the age of 65 will need some type of long-term care in their lifetime, either at an assisted living facility or nursing home. However, according to a new study only a fraction…
A Growing Trend in Senior Housing: In-Law Apartments
With the number of elderly people in the United States growing at a fast rate, it is becoming common knowledge that most seniors wish to stay out of nursing homes and similar facilities as long as possible. In addition, research has shown that seniors who stay in their own homes…
Dealing with a Major Problem in Elder Hunger: Dental Needs
For many seniors around the country who still live at home, the biggest challenge in keeping from going hungry is not having the money to buy food or being able to prepare it, but being able to chew. The first of its kind, a pilot program is aimed at researching…
Downsizing as Seniors, One Step at a Time
As people age and children leave the house, many parents entering retirement age use the opportunity to downsize their home and belongings. Rather than downsizing all at once, a growing trend among seniors is to do so in steps over a period of years. In earlier generations, the elderly usually…
When to Get Power of Attorney for a Parent
Caregiving is about more than just tending to the physical needs of an elderly parent. If your parent is also dealing with dementia or another degenerative disease, you must also prepare to cope with effects on both the body and mind. In the event that your parent becomes incapacitated, you…