Posts by Vanessa Carlson
How to Know If Your Aging Parents Need Home Care
As our parents get older, we must make tough decisions regarding their health care. It can be hard to know when to bring in professional support in the form of home care. Consider the following as you decide whether your aging parents need home care. What Is Home Care? Home care is professional, supportive care…
Read MoreAdult Day Care: Providing a Break for Caregivers
Caregiving is hard work and it is easy for caregivers to get burned out. Adult day care centers provide care and companionship in a group setting to seniors who need supervision during the day, allowing their caregivers to go to work or take a much-needed break. Often affiliated with another facility, such as a nursing…
Read MoreYonkers Senior Law Day – October 19, 2022
A program of the Senior Law Day Collaborative On Wednesday, October 19th, Yonkers Senior Law Day will be held at the Grinton I. Will Branch of the Yonkers Public Library. Presentations and educational programs will start at 10:30 am. They include: Financial Fitness for Older Adults Your Will – Making Sense of the Terms &…
Read MoreIf You Haven’t Been Regularly Reviewing Your Estate Plan, Start When You Hit 60
How frequently you should review your estate plan depends on how old you are and whether there has been a significant change in your circumstances. If you are over age 60 and you have not updated your estate plan in many decades, it is almost certain that you need to update your documents. After that,…
Read MoreWhat to Do and Not Do with Your Estate Planning Documents
Creating and executing estate planning documents is just the first step. Once you have completed the documents, you need to know what to do with them. All estate plans should include, at minimum, two important planning instruments: a durable power of attorney and a will. A trust can also be useful to avoid probate and…
Read MoreMake Sure Your Estate Plan and Other Essential Documents Are Safe from Disasters
It is an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, and hurricanes, the chance that you could lose your house and possessions has become more likely. In the event of such a calamity, it is important that your estate planning and other important documents are beyond…
Read More6 Steps for Your Senior Downsizing Plan
Courtesy of Right at Home Westchester The time is right! You’ve decided your home is too big for your current needs, or you want to be free of maintenance and upkeep. Maybe you’re moving to be closer to family, or moving into a more manageable space so you can age in place. Downsizing works for…
Read MoreAging-in-Place Funds to Benefit Low-Income Senior Homeowners
The U.S. Department of Housing & Urban Development (HUD) has announced that $15 million in funding will be newly available for a program aimed at helping low-income seniors continue living safely in their homes instead of needing to relocate to a nursing home or assisted living facility. Designed to give low-income homeowners aged 62 or…
Read MoreTips on Creating an Estate Plan that Benefits a Child with Special Needs
Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper planning by parents is necessary to benefit the child with a disability, including an adult child, as well as assist any siblings who may…
Read MoreWriting a Memorandum of Intent for a Special Needs Child
How can you ensure that your special needs child will remain well cared for and secure once others assume the role of guardian or caregiver? While creating a financial plan and establishing a specialized trust are central to preparing for your child’s future, special needs planners also advise families to write down their intentions and…
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