Navigating the Long Term Care Maze
Dear Jill: My aging parents moved to an assisted living facility in Naples two and a half years ago. When they first entered the facility, both were very independent and the cost for the facility was approximately $3,500 per month for the two of them. At that time, they had about $600,000 in their brokerage... Read More
Home for the Holiday
The annual trek to the family homestead for the holiday can bring more stress than joy for adults with elderly, disabled or chronically-ill parents. Mom’s chronic condition is getting worse. Dad can barely take care of himself, let alone manage mom’s needs. The bills aren’t getting paid. The house is a wreck. We have found... Read More
When Should a Senior Stop Driving?
We often speak with families who are concerned about the driving ability of their elderly loved ones. Giving up driving it very difficult because it can signal a great loss of independence. However, a senior need not lose all independence, just because he gives up driving. The costs associated with car maintenance can be exchanged... Read More
Planning for Potential Incapacity
Have you considered what would happen if an elder in your family had a medical problem which prohibited the elder from being able to make decisions? Do you know if appropriate documents are in place that would empower another person to make decisions? Do you know whether the elder would want asset protection strategies utilized... Read More
When is Guardianship Necessary
Guardianship is a protective legal proceeding for incapacitated persons who are unable to manage their own affairs. Through the process of guardianship, certain or all of an individual’s rights are removed. The law provides extensive procedural safeguards to insure that this process is not abused. However, because of those procedures, the process is not only... Read More