Financial Planning

When you first took on the role of executor, you were probably more focused on the honor than on the responsibilities, being recognized as the go-to person in the family making things right. Perhaps you were the one to resolve difficult issues in the past, but you should know that being an executor is different, especially when there is a surviving spouse.  ...

While it may be tempting to just take out a pen and make changes by hand, this is not recommended. Changes will not be effective unless you use the same formalities as you did when drafting the will. And depending on state law, changes made by hand on the will may void the will altogether. If you sign your name to handwritten changes and have the changes witnessed, it is possible a court will find that the changes are valid, but there is no guarantee and there are likely to be delays with the court while your final wishes are sorted out. ...

People with Alzheimer’s disease and their caregivers must figure out how they’ll pay for care. Social Security benefits and services are vital to people with early-onset Alzheimer’s who are unable to work and have no other source of income. ...

Most of us know that Medicaid and nursing home care expenses are intertwined, but exactly how? If you're exploring ways to pay for a nursing home for a loved one, it's good to understand the basics and how they can vary, state by state. ...

Northeast Ohio Boomer & Beyond, in cooperation with The Normandy Senior Living, is thrilled to bring you Boomer Bash West 2021. The Hawaiian-themed night will include a mix of entertainment, education, meet our editors + trivia fun, raffle/giveaways, complimentary small bites, happy-hour priced cocktails, photo spot fun and much more. It is all about Celebrating Better Living After 50! ...

The latest COVID-19 relief bill — in addition to authorizing stimulus checks, funding vaccine distribution and extending unemployment benefits — also provides assistance to seniors in a number of ways. The $1.9 trillion American Rescue Plan Act (ARPA) delivers a broad swath of relief, covering families, employers, health care, education and housing, including provisions that most directly affect older Americans. ...

Long-term care is the care you need if you can’t perform daily activities on your own for an extended period of time. There are a number of different ways that long-term care can be provided. It's a good idea to become familiar with the ins and outs of long-term care before you or a loved one needs it. ...