Price rollbacks throughout the U.S. economy during the past year did not apply to long-term care service providers, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs. Private room nursing home rates rose 3.3 percent to $79,935 a year or $219 a day, while assisted […]
Read the rest of this article
Although talking to your parents about money can be difficult, not discussing finances now could mean more problems and conflicts later. Can We Talk? is a practical guide to working with your parents to make financial plans and preserve legacies while you both still have the luxury of time.
Written by certified financial planner Bob Mauterstock, […]
Read the rest of this article
A “Durable” Power of Attorney (”DPOA”) should be a part of every estate plan, regardless of whether you are using a will, a living trust, or do nothing at all. A DPOA is a legal document in which you appoint someone, called an “agent” or an “attorney-in-fact”, to handle your personal, non-medical, decisions. Without one, […]
Read the rest of this article
There is perhaps no more important task than hiring someone to assist with the personal care of family member. Given the recent proliferation of individuals and agencies holding themselves out as “home care givers” it is especially important to do your “homework” on the home helpers. Here are list of questions to ask in order […]
Read the rest of this article
A “Durable” Power of Attorney (”DPOA”) should be a part of every estate plan, regardless of whether you are using a will, a living trust, or do nothing at all. A DPOA is a legal document in which you appoint someone, called an “agent” or an “attorney-in-fact”, to handle your personal, non-medical, decisions. Without one, […]
Read the rest of this article