Financial Planning

With so many people (luckily) living longer, many of us have older parents in our lives. Ideally, they can make good decisions and care for themselves up until the day they die. But what happens when an aging parent loses their ability to think clearly or make informed decisions about their life? ...

Many people consider a funeral or burial a reflection of their feelings for their deceased family member or friend. As a result, they may tend to overspend on these services. ...

Hoarding and housing: If you or an aging loved one want more information about these topics, you may want to check out programs offered by the Benjamin Rose institute. ...

Joint bank accounts serve as a useful estate planning tool for passing money to loved ones outside of probate and planning for disability. But while they can achieve these goals, and are useful in certain circumstances, joint accounts also present risks. ...

How you choose to store your relevant data depends on the amount of labor and time you are willing to invest. Going paperless is generally safe and convenient, and relatively easy if you've already scanned and saved your printed documents. ...

If you are a homeowner who is falling behind on your real estate taxes, you may end up facing foreclosure on your property. Because your property taxes hinge on the value of your property, you may find your taxes rising beyond what you can afford. Before your situation becomes more serious, be sure to educate yourself. ...

One of Greater Cleveland's best assets for older adults and caregivers is Ben Rose, a nonprofit organization that promotes aging well. This summer they're offering workshops that range from hoarding to homebuying. ...

Knowing what you can expect to pay for long-term care services is important for older adults and their families. However, as you plan for the future, you may worry that budgeting and saving for long-term care will pose a serious challenge. ...