Aging In Place

As a fiduciary, you help clients plan for tomorrow. But what happens when the person managing the household finances can’t anymore? In many homes, responsibilities are divided, and often, one person takes the lead on managing the family’s financial life.   If that person becomes incapacitated—or passes away first—everything can unravel quickly. Many older adults don't realize how much information lives "in their head" until someone else tries to step in. [...]

Res·o·lu·tion – noun: a firm decision to do or not to do something. As we ring in a new year, many of us are inspired to set resolutions that improve our lives. One of the most profound commitments you can make is to develop a comprehensive plan for aging. This isn't just another resolution. It's a roadmap to ensure you live comfortably, securely, and with dignity in your later years. [...]

For many seniors, the ability to remain in their home for as long as possible is a priority. For some, the set up and supports may already be in place, but for others the question becomes how do you achieve it? Determining the feasibility and longevity of that goal is a multi-step process. It requires older adults and family members to analyze the current and future potential living conditions to [...]

Although the vast majority of Americans (about 90 percent over age 65) want to stay in their homes to live out their golden years, unfortunately, it’s not always that simple. As time marches on and we age, homes that were perfectly functional to us can pose obstacles later on as our abilities decline. Think about when you were young and could bound up and down the stairs. As you age, those steps [...]

It can be heartbreaking when one of your clients dies and leaves a grieving spouse behind. During this sad and often tumultuous time, it’s hard for some surviving spouses to know how to move forward amidst their grief. As you know, after a spouse dies, there are many tasks that have to be tended to. Luckily, they have you as an advisor who can point them in the right direction [...]

Although the vast majority of Americans (about 90 percent over age 65) want to stay in their homes to live out their golden years, unfortunately, it’s not always that simple.  As time marches on and we age, homes that were perfectly functional to us can pose obstacles later on as our abilities decline. Think about when you were young and could bound up and down the stairs. As you age, [...]