Decisions regarding medical care can have some very big implications on a senior's health and quality of life. Thus, many elderly individuals care very much about remaining the one in control of these decisions. However, there are things that can cause a senior to no...
Helping People Age With Dignity And Peace Of Mind
Year: 2015
Using an estate plan to protect a beloved pet’s future
Providing their pet with love and care is something many pet owners care deeply about. Thus, one of the things pet owners may have a fair deal of worry about is what would happen with a beloved dog, cat or other pet if they were to pass away before the pet...
Acting wisely important in charitable giving
Many individuals here in Massachusetts give to charity. There are many different charitable giving goals an individual can have, both for gifts made during their life and after-death gifts set up in their estate plan. Lack of proper care when it comes to one's...
Survey: seniors not that worried about financial abuse
Elderly individuals can suffer greatly when they are subjected to financial abuse, and seniors can sometimes have significant vulnerabilities to such abuse. A recent survey indicates that, despite this, being worried about financial abuse is actually rather uncommon...
Digital assets can pose estate planning difficulties
One of the changes the internet and computer age has brought about is a change in the types of assets individuals have. In today's world, many people have a fair amount of digital assets, such as digital photos, digital videos, social media accounts, digital...
Could hearing aids help curb cognitive decline?
Hearing aids can have many quality of life benefits for seniors who have hearing loss. Might the use of such devices also help elderly individuals with hearing problems retain more of their cognitive abilities as they get older? A recent study points to it being a...
Tax implications can be important to factor in in estate planning
Sadly, there are ways in which the after-death distribution of a deceased person's estate could end up not matching the deceased's goals for the distribution.One way is if a person failed to have an estate plan. Without an estate plan, it is state law (specifically...
The Massachusetts estate tax and small business owners
Here in Massachusetts, there is a state estate tax for estates that exceed $1 million in value. There are many different kinds of people that could potentially end up with an estate that could cross this threshold. And it is not limited to just the people society...
How much in out-of-pocket health care costs arise in retirement?
Getting the right medical care is important when one is in their retirement years. There are certain challenges that can arise for seniors when it comes to getting the medical care they need for the medical conditions they have. One are challenges when it comes to...
Updating an estate plan when approaching retirement
The transition into retirement can be a very critical and complicated time. Thus, as a person is approaching retirement, it is very important for them to have the right sort of finance-related planning in place for their particular circumstances.Consequently, as a...