As the end of the summer approaches, our thoughts turn to the wonderful times we have enjoyed with our family. During the past week, we were blessed with the arrival of Jack, our second grandchild. As a result, I have spent a lot of time thinking about how we want to pass something along to our children and grandchildren. It is the …
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As the population ages, the conversation surrounding the financial challenges faced by seniors has gained prominence. Among the various concerns, the cost of long-term care has emerged as a particularly pressing issue, arguably posing a greater threat to the financial well-being of seniors than inheritance taxes. This essay explores the reasons …
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Dear Attorney Tully: Dad’s physical health is failing rapidly. He is already in a wheelchair and I suspect it’s probably time for him to go into a nursing home for long-term care. But, I’m worried because costs are so high in the nursing homes and Dad has not done any of the things you have suggested over the years in your column …
As seniors age, many times they will be confronted with some type of crisis situation. In order to avoid a crisis, it is best to be proactive, which means to plan as if there could be a crisis in the future. Unfortunately, many seniors do not plan until they are faced with a crisis situation, such as having to go into a nursing home for …
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