Majority of Adult Children Cannot Support Boomer Parents, Surveys Find
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
The Food and Drug Administration (FDA) has authorized the sale of over-the-counter hearing aids. Devices for adults with mild to moderate hearing loss will be available in October 2022.
Many retirees meet the requirements for federal and state benefits programs, yet do not know they are eligible and miss opportunities to receive assistance.
Even a modest monthly income may disqualify you from Medicaid. A Miller Trust may help you resolve this dilemma.
Seniors living in Medicaid-funded nursing homes receive a personal needs allowance – a monthly stipend the Medicaid recipient can use to pay for needs that Medicaid does not cover.
Unfortunately, neither health insurance nor Medicare covers long-term care. Medicaid could become your only option, so do what you can to plan ahead.
If you currently receive – or are planning to apply for – Social Security or Supplemental Security Income, you can now visit the Social Security Administration’s recently updated My Social Security portal to complete many tasks online.
If you are enrolled in Medicare Part D, you may feel overwhelmed by your prescription drug costs. Proposed legislation currently awaiting review by the Senate could bring you some relief in the form of significant savings.
A new book by an ElderLawAnswers member attorney seeks to reduce the stigma of applying for Medicaid while dispelling pervasive myths.
In appointing guardians, courts can restrict a ward’s rights in some circumstances.