Aging
The MeToo and Black Lives Matter movements have shed significant light on some of the structural inequality we face in America. Incremental progress has been slowed even further by the COVID-19 pandemic. It is hard to believe the dismal statistics showing the financial vulnerability aging women face due to a lifetime of gender inequality. Making…
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Today, due to divorce, spousal death and remarriages, blended families have become the new normal. Your new aging ”blended family” should consider specialized estate planning to avoid needless family drama and financial missteps. All families have their own unique dynamic. Combining families creates its own complex dynamic and can cause conflict. The complications of aging…
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The new aging family looks significantly different than it did at the height of the baby boom. There are fewer and fewer nuclear “traditional” families with a husband, wife, son, and daughter. Now, more families look like the Brady Bunch or the Pritchetts from Modern Family, or even resemble the movie “Yours, Mine, and Ours”. …
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Today, seniors are living longer often with complex medical issues and a disjointed family support structure. During the month of October, we will look at aging for the 21st century “modern” family and explore the unique issues today’s seniors are facing. According to the US Census Bureau, one in five adults age 65-74 live alone…
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Our September newsletter discussed the importance of including your pets in your estate plan. After sending our newsletter, we received a great deal of interest in Pet Trusts so we thought we would share more information about Aging Ally for our pet lover followers. Pet owners aging without a limited support structure Hurley Elder Care…
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What is a pet trust and how can establishing one, help you take care of your furry friends? For many of us, a pet is a true part of the family. According to the ASPCA, about 44% of households have a dog, while 35% have a cat. There are proven health benefits to owning a…
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One major concern for vulnerable older adults is financial exploitation. Almost daily, we hear stories of older adults being taken advantage of or falling for a financial scheme. Financial exploitation of older adults is pervasive, expensive, and difficult to detect. As NPR reported, “as we get older, we become more vulnerable to fraud in so…
Read More Many adult children saw their parents last week for Thanksgiving. And many of those adult children had not seen their parents in months or even in almost a year. Work and family obligations paired with substantial distance makes it difficult for all of us to get together as often as we’d like. Did you see…
Read More Last week’s blog explored the complexity of and potential changes to the nursing home admission rules laid out by the Center for Medicare and Medicaid Services. There are specific requirements that must be met in order for Medicare to pay for nursing home care. These rules are complex and confusing, and mistakes can be costly.…
Read More Many older adults are aging without a safety net. The belief that every older adult has a concerned, competent, involved family member to help with medical decisions, legal decisions, bill paying, transportation, and other caregiving responsibilities is being shattered by reality. Current data estimates that almost 30% of baby boomers will age…
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