Financial scams targeting senior citizens have become unfortunately common, because they target a vulnerable population that tends to have more money in their bank accounts. These scams often go unreported and can be very difficult to prosecute, which makes them especially devastating to their victims. Therefore, it is important that victims are aware of someRead more
Every year, Genworth conducts a Cost of Care survey that pinpoints the median cost of private nursing home rooms in the United States. This year’s survey results were released at the end of October, and indicated a three percent increase in the median cost of a private nursing home from 2017. Now, that figure isRead more
At some point, your elderly relatives might reach a point at which they are incapable of keeping up with their financial matters, including paying their bills, managing their retirement income and Social Security and budgeting their expenses. If you decide to take on the responsibility of assisting them in these matters, it’s important you approachRead more
It is with unfortunate frequency that we see stories in the news about seniors being abused or neglected in the nursing homes that are supposed to keep them safe and happy. This abuse can range from stealing money and emotional manipulation to actual physical abuse and neglect. If you have an elderly parent in aRead more
