CICOA Aging & In-Home Solutions is a not-for-profit agency, one of 700 Area Agencies on Aging nationwide. CICOA is not a government agency, but oversees state and federal funds and private donations to provide information, advocacy and support services for older...
“Tales of estate planning gone wrong makes for juicy reading and a lot of head shaking, but there are also commonsense lessons we can take from these estate planning mistakes,” writes Denver estate planning attorney Dan McKenzie. Of course, it’s always best if we can...
Stretching is very important, Health Fitness Revolution reminds us. Stretching decreases the risk of injury, improves our energy levels, even encourages an optimistic outlook. The primary reason stretching is so vital is that it is important for flexibility. In the...
“Here’s some good money advice: Don’t cosign someone else’s loan,” writes Jean Chatzky in the AARP Magazine. Chatzky cites a new survey from CreditCards.com showing that: 38% of cosigners lost money because the primary borrower defaulted 28% saw their own credit score...
The executor of an estate has to write up an inventory listing all of the assets she’s dealing with in settling that person’s affairs. But that list does not necessarily include all the assets the person owned before death. The executor is responsible for accounting...
“The administration of an estate operates on the same principle that applied while the testator was alive: A person must first attend to his owns debts and expenses before he can give away what is left,” Alexander A. Bove, Jr., explains in The Complete Book of Wills,...
“Long term care is generally defined as hands-on assistance provided for an extended period of time to people who can’t take care of themselves due to a prolonged disability, illness or cognitive impairment such as Alzheimer’s disease,” AARP explains. As elder law...
Jeff Anderson, writing in aplaceformom.com, lists ten reasons families members have tended to fight among themselves about senior care issues: Siblings view parents’ needs differently Parents resist care Family members regress to earlier roles and past issues...
Until this year, Indiana was ranked at the bottom of all states for support of family caregivers, but the CARE Act, a law that went into effect January 1, 2016, now provides better assistance for the 1.3 million Hoosiers who care for loved ones. The acronym CARE...
Not every family member who owns a business intends to pass that business on to other family members. But for high-net-worth families who are over the estate tax thresholds, just a few months remain to engage in transfer planning before some new, stricter, Treasury...
