Hidden hunger: Elderly hunger is on the rise during Covid

Hidden hunger: Elderly hunger is on the rise during Covid https://www.nbcnews.com/news/us-news/hidden-hunger-elderly-hunger-rise-during-covid-n1254415 according to a study by NYC. A warehouse worker packs boxes of shelf-stable food.NBC News Jan. 17, 2021, 6:00 AM EST By Cynthia McFadden, Emily R. Siegel and Kevin Monahan Every weekday morning…

How to Plan for Spouse’s Medicaid

February 1, 2021
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

When a spouse enters a nursing home, the cost of care can be financially devastating. Many families are simply unable to afford long-term care without applying for Medicaid.

How Does Family Pay for Parents’ Care?

January 25, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

More than 53 million Americans are unpaid caregivers for family members. The majority are women—often, an adult daughter who lives closest to an aging parent starts out helping with daily activities. As the parent/care recipient requires more assistance, the daughter cuts back on work hours– risking her own financial security.

What Should I Know about Reverse Mortgage Scams?

January 23, 2021
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

For some older homeowners, a reverse mortgage can be a way to supplement retirement income, consolidate debts or cover expenses, like health care. For scam artists, they can be a lucrative tool to fleece people in their 60s and up out of large sums of money, or even their homes.

Have Your Parents Planned Carefully for Retirement?

January 22, 2021
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Life Insurance, Long-Term Care Planning, Probate and Estate/Trust Administration

According to Pew Research, roughly 13 percent of self-employed workers in single-person firms reported participating in retirement plans at their current jobs, compared to almost three-quarters of traditional workers.

Helping Elderly Parents to Live Safely at Home

January 20, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning

When you envision your “golden years,” what do you see? Are you living independently, being active and enjoying life? Or do you worry that you’ll struggle with declining health and physical limitations? For many seniors, reality falls somewhere in between. Perhaps you see that in your own aging parents.

What Kind of Estate Planning Do I Need During the Pandemic?

January 18, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

The COVID-19 pandemic has made 2020 a nightmare for many people, and inadequate estate planning can exacerbate the pain.

How Can Blended Families Use Estate Planning to Protect All of the Siblings?

January 16, 2021
Bill O’Leary, Esq.
Blended Family, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning, Power of Attorney

No matter how solid the relationships might be, it is important for parents to be aware how blended families can create unique estate planning issues.

How Can I Easily Pass My Home to My Only Child?

January 14, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

I am a single retired parent to an adult daughter, who is an only child. The home I currently reside for the last 26 years still has a mortgage and the deed is in my name only. I have a will that states everything is left to my daughter, and then to my grandson, if she proceeds me in death. Should my daughter be added to the deed?

Will Vietnam Vets with Serious Illnesses Get Presumptive Benefit Status in the Defense Budget Bill?

After years of fighting with federal officials, Vietnam veterans suffering from bladder cancer, Parkinsonism or hypothyroidism would be granted presumptive benefits status under language included in the final version of the annual defense authorization bill unveiled Wednesday.