Archive | Elder care

cosign

Co-sign a loan? Think carefully …

There are many unconsidered risks when you co-sign a loan. Your credit rating goes down because your credit ratio has gone up with the added debt … yes it is considered your debt in the eyes of the credit bureaus! Your own ability to borrow is reduced because of your credit utilization and possibly lower credit score. As […]

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LTC

What is the difference between Disability and Long Term Care insurances?

            Disability usually covers lost salary or wages. Long Term Care means convalescent care (not acute care that is covered by health insurance or Medicare/Medicaid/Medi-Cal). Insurance addresses the issue of WHO is going to pay the expenses should the condition occur. No insurance means your assets do. 0812 differencedisability from […]

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brain

Aging and Finances

The aging process makes decision making a challenge as one ages … interestingly the peak decision making ages are in the 50’s for our brains. This article (How to Protect Aging Clients’ Finances) by Mark Miller brings up points we should consider about ourselves as well as our aging parents. This is a natural process that should be […]

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aging services

Resources to help with aging issues

Here are links to various resources to help you with aging issues … your own … or your parents. This topic is so important that I have a permanent link to this blog on my website’s Current Client Resources page.   U.S. Government’s Department of Health and Human Services Administration on Aging Elder & Families information. […]

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CAPS

Seniors: Do You want to Age in Place?

We are either young with older parents, or are older ourself. Either way, you probably know someone who is a senior, or getting there, who has a wish to continue to live in their own home as long as they can. This is a great goal … however, there are some things to consider! The most […]

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Medicare

Medicare … what and when?

What is Medicare? Medicare is health insurance … what are the different Parts? (Note: Medicare does NOT pay for Long Term Care except in very limited cases!! That is what Long Term Care Insurance is for). When are you eligible for Medicare and when must you enroll ? (the 3 months before, the month of, and 3 months after […]

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