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Although we are living longer, our brains tend to be less sharp with aging and understanding of finances tends to lessen with age. If you start to notice that it takes longer to perform financial tasks or you are missing things in your paperwork, it's time to seek...

Estate administration of protection of assets from nursing home costs is the latest challenge for seniors where government is demanding an uncapped spend down of their asset if one of them falls victim to a nursing home. Canada and some other countries offer this...

There's a gambling saying that goes something like, "If you want to be a winner, you have to walk away from the table a winner." One time-honored method of reaching this result is to systematically take your chips off the table as you win them, so that your potential...

Helping your elderly parents with estate administration and finances can be a tricky thing to do. It can be frustrating for both parties. In addition, it can cause hurt or embarrassment for your parents. If you go about it with discretion and respect, though, you can...

Republicans in the Senate released an updated version of the Better Care Reconciliation Act, their plan to overhaul the US healthcare system, on Thursday. While the new bill makes a number of changes, including an infusion of $45 billion to combat the opioid crisis,...

Many people have heard the term "fiduciary" but might not know what it means. A fiduciary is simply an individual who is in charge of managing another person's assets. However this is not just a friend, they are required to manage within ethical and legal guidelines....

Many senior citizens rely on Medicaid to access healthcare and needed services. There are specific income and asset requirements in order to qualify for Medicaid. According to Jeffrey P. Scott & Associates LLC, there are some mistakes to avoid while planning for your...

Coming to grips with your mortality is important. You need to figure out what you want to do with your things for example. Deciding this is called estate planning and there are lawyers who can help you. If you have anything you need to decide who to leave it to. You...

Let's face the fact that not everyone is good with money, and if you have some to leave your heirs you may be concerned about this. You can get an incentive trust and that may help. Doing this can insure your beneficiary does what they should with the money, and it...

Wills and trusts are often confused and there are many differences that people need to be aware of. If you want to create a trust, or a will for people, then you can always use both. If you want to use only one, then there are certain benefits that each one offers....