With the end of the year in sight, many of us have already begun to think about New Year’s resolutions we might want to make, such as exercising more, spending more time with our family or losing weight. However, one resolution you should make and follow through on is to do some legal and financial planning. This is true regardless of your …
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While no one ever wants to move to a nursing home, it is estimated that over 40 percent of our senior population will end up in a nursing home for long-term care. There are 18,000 nursing homes in the United States caring for approximately 1.6 million residents. Of these residents, 90 percent are over age 65 and about half are over the age of …
In November we change our clocks back to standard time. Just as we are encouraged to change the batteries in our smoke detectors when we go off, or on, daylight savings time, I’d like to encourage you to take the time to review your estate planning documents and to make important choices for your legal and financial future. It’s easy to …
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Dear Atty. Tully, Several years ago I went through a horrible experience with my mother when she became ill and had to go into a nursing home. Unfortunately, my mother did not plan in advance and she lost just about everything she owned. I vowed from that date to plan early and to protect my estate and family. I plan to retire in 10 years. …
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Aging persons and their family members face many unique issues. As you can tell from topics in this column, the legal, financial and care planning issues facing prospective nursing home residents and their families can be particularly complex. If you or a family member needs nursing home care, it is clear you need competent and experienced legal …
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