Decades ago, your parents purchased a long-term care (LTC) policy. They have invested tens of thousands of dollars – or more – to give them the peace of mind that when and if they need it, the policy will cover the cost of their care. The policy has sat, untouched, for all this time and now your parents are ailing, and they are not sure how their policy works. It’s [...]
A standard practice when drafting estate documents is for an attorney to ask their client to name someone they can trust to make important decisions including those regarding financial, legal, and healthcare matters when they are unable to do so for themselves. Of course, choosing the appropriate person is critical. But what happens when the client has no immediate family members or close friends available or nearby? It gets complicated. [...]
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 [...]
Everything we do at Life Managers & Associates is dedicated to helping seniors maintain their independence. Advance planning is the key. Over the past twelve years of supporting older adults, we have experienced it all. We started in 2012 managing the administrative and organizational needs of our clients to make it easier for seniors to tackle day-to-day activities – enabling independence. During this time, we have seen families that have [...]
The end of the year is a frenzy of activity for financial and legal professionals as you rush to assist clients with maximizing retirement contributions, minimizing tax bites, facilitating donations, reviewing estate plans and so much more. Completion of these tasks can become more challenging as your clients age. As professionals who work with seniors, whether you are an attorney, financial advisor, or you provide support in the home as [...]
Over the past several decades, advances in healthcare have extended our life expectancies. New smart technologies have enhanced our ability to remain at home for a longer period as we age. What was a stark line in the sand that indicated the need for care has become blurred. There is now a time in between. A time when our minds and bodies are slowing down, but our ability to remain [...]
When we think of “wellness,” often our thoughts turn to physical health. We think of a nutritional diet and exercise. But wellness, as a concept, is more encompassing than how our bodies feel day-to-day. Striving for wellness also includes mental, emotional, social, and financial well-being. And, while holistic wellness is important at any age, as we get older, practicing wellness can allow us to not only live longer, but also [...]
When we think about safety for older adults, we often think of it in terms of the risks at home and how to eliminate falls. We focus on immediate hazard prevention such as improving lighting, adding grab bars and handrails. Removing items from high shelves and dark basements. All these things are necessary and important for successful aging in place. But safety for seniors goes beyond tangible tactics. Here [...]
“Spring cleaning doesn’t have to be a dreaded list of chores. It can be a rewarding experience that helps provide some structure and organization in your life.” — Peter Walsh Ah spring. The days get longer, the sun gets warmer. Spring is traditionally that time of year to give your home a cleansing scrub after being cooped up all winter, but it’s also a good time to assess your home [...]
What comes to mind when someone says the word “accessible” in the context of aging in place? Does it conjure up images of an institution? A sterile environment? An accessible home, when given the right foresight and consideration, can be just as “homey” as any non-accessibly transformed home. Sadly, however, either due to the fear of creating an unattractive environment or the natural tendency to ignore a decline in health [...]
