If you or a loved one has had to enter a hospital in the last several years, you’re undoubtedly familiar with this scene that was recently highlighted by the AARP. The patient is lying in a hospital bed, either awaiting or recovering from a procedure. Suddenly, a staff person who isn’t a doctor or nurse […]
Sooner or later, given enough time, most elderly adults will require care assistance, with much of this assistance requiring long-term care. While 65% of those needing care rely exclusively on those close to them, another 30% will employ paid providers for supplemental assistance. In contrast to men, women are significantly overrepresented as care providers and […]
We all know that a positive outlook can have an immense effect on your quality of life. If you’re looking for silver linings, you’ll generally find them - if all you look for are clouds, that’s what you’ll see. This can become even more important during retirement. Seniors who work hard to maintain a positive […]
Contemporary Alzheimer’s disease treatment has long been dominated by drug-based interventions. Though pharmaceutical approaches have shown some success in halting cognitive decline, their use is quite limited and not without the many serious side effects that may accompany the use of any drug.
As many families know all too well, Alzheimer’s is a devastating disease in so many ways. According to the Alzheimer’s Association, in 2016, 5.5 million Americans had this illness, and 15 million Americans provided unpaid care for someone with the disease. That means Alzheimer’s is affecting at least 20.5 million Americans in a highly personal, […]
iYou’ve just helped your client complete a life settlement. Congratulations! You’ve saved them years of expensive premium payments, increased their financial security, and given them a financial cushion in case they need long-term care. Now that your client has received their lump sum payment, the question becomes - now what? While some clients may know […]
One issue that financial advisors, elder care lawyers, long-term care advisors, and insurance advisors may all experience in common is that they don’t know when a life settlement might be a good fit for a client. Since many financial professionals are unfamiliar with the life settlement market already, it can be difficult to determine how […]
Caregiving today looks very different than it did 50 years ago. Thanks to improvements in medicine, technology, and psychology, among other things, today’s family caregivers have more resources available to them, as well as a greater ability to maintain their loved one’s quality of life. With the speed at which technology is currently developing, family […]
For as long as many of us can remember, seniors who needed a little help getting around had two options: move in with family, or enter an assisted living community. Most seniors, of course, would rather stay in their homes, but this often proves so difficult that they find themselves unable to do so. Unfortunately, […]
