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Last week I talked to a woman about her aging parents. They are living in an apartment in the independent-living section of a Continuing Care Retirement Community (CCRC). Her 89-year-old dad is blind, and her 87-year-old mom has dementia. According to the daughter, they are just getting by with the on-site meals and regular housekeeping;…
Read More On April 15, Americans will file their taxes. April 16, following Benjamin Franklin’s saying, “nothing can be said to be certain, except death and taxes,” is a day for health care decision planning. Each year, National Healthcare Decisions Day (NHDD) is observed the day after tax day. NHDD is a day of education and awareness, aimed at encouraging…
Read More The 2018 Legislative Session in Georgia has ended. Listed below are outcomes regarding issues affecting seniors, as reported by the Alzheimer’s Association National Office, alz.org SB 444—Establish the Georgia Alzheimer’s and Related Dementias State Plan (GARD) Advisory Council—Senator Renee Unterman and Representative Eddie Lumsden. This bill passed the Senate by a vote of 55–0; passed the…
Read More Last July, the Uniform Law Commission (ULC) adopted a new act to help states reform their current guardianship laws. Guardianship laws are complex, and they, like all laws, need updating. The ULC last issued a Uniform Guardianship and Protective Proceedings Act in 1997. Their current one took two years of committee work and is now…
Read More “My dad has early stages of dementia. He hasn’t been diagnosed, but we’ve been noticing some major changes over the last year and a half. My mom just discovered that he’s been taking out thousands of dollars from their checking account. When asked about it, he says that he’s just helping a friend out and…
Read More It is important to keep in mind that not all assets are affected by the terms of a will. Bank accounts, trusts, and retirement accounts that have designated beneficiaries transfer to the beneficiaries; these assets never go through probate if they have another way of being transferred. Likewise, certain properties can be transferred to co-owners…
Read More I have a healthcare power of attorney over my father, and I am the executor of his will. He lives in another state and is currently in a rehab facility. He has no cell phone and no way of communicating from his bed. Can I use that healthcare power of attorney to contact his bank…
Read More We highly recommend that individuals complete a Durable Power of Attorney for Financial Matters (or a POA for short). This important document is priceless in the unfortunate event of incapacity and is relatively painless to put in place. Despite its usefulness, many are still wary or ill-informed about the POA. Here are four of the…
Read More A cost-of-living increase of 2 percent has been announced by the Social Security Administration. Approximately one in five Americans will receive the cost of living benefit in 2018 which is more than 70 million U. S. residents; these include Social Security recipients, disabled veterans and federal retirees. The COLA (Cost of Living Adjustment) of 2…
Read More A cost-of-living increase of 2 percent has been announced by the Social Security Administration. Approximately one in five Americans will receive the cost of living benefit in 2018 which is more than 70 million U. S. residents; these include Social Security recipients, disabled veterans and federal retirees. The COLA (Cost of Living Adjustment) of 2…
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