Financial Advocacy for Seniors
On November 11 we celebrate the men and women who have served and sacrificed for our country. It seems only fitting that my topic this month be about the benefits available for Veterans and their dependents. In 1789 U. S. Congress passed as law that pensions were to be provided to disabled veterans and their dependents, and in 1811 the first domiciliary and medical … [Read more...]
According to surveys conducted among the elderly, their top three concerns about aging are: Remaining independent in their home without intervention from others Maintaining good health and receiving adequate health care Having enough money for everyday needs and not outliving assets and income Addressing these concerns requires some pre-planning. Yet few … [Read more...]
As people grow older they tend to need more help from others, and many elderly people rely entirely on family or other “trusted” individuals for this help. Unfortunately, this dependence on others often makes an older person more vulnerable to abuse, and less likely to talk about that abuse if it occurs. An older woman relying on her children to provide meals, … [Read more...]
According to a report from USATODAY/ABCNews/Gallup Poll, 41% of Baby Boomers are caring for their elderly parents, either personally or financially or both. Many of these caretakers find themselves in a situation where their parents did little or no planning for their physical or financial long term care. This puts the burden squarely on the shoulders of the adult … [Read more...]
Accreditation Federal law dictates that no one may help a veteran in the preparation, presentation and prosecution of an initial claim for Veterans Administration (VA) benefits unless that person is accredited. The only exception to this law is that any one person can help any veteran -- one-time only -- with a claim. To help any veteran a second time requires … [Read more...]
As our parents age, many of the routine activities they performed when they were younger – cleaning house, paying bills, grocery shopping – become difficult for them. This may be for physical reasons - arthritis, for example – emotional reasons – or simply a diminished capacity to handle numbers or make decisions. It’s pretty easy to spot if they aren’t … [Read more...]
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