by Michael Baker | Nov 5, 2020 | Elder Care, Estate Planning
It is natural for people to feel a greater sense of urgency as their parents advance in their senior years. The amount of time left to spend with them begins to feel as though it is constantly evaporating. Every new illness or medical issue starts to feel more and...
by Michael Baker | Jan 21, 2020 | Elder Care, Estate Planning, Financial Management
It can be tough when you face the moment where you become responsible for your parents—but it may happen. It’s smart to plan for that before illness renders your parents incapable of handling their own finances. Aging parents may find it hard to believe they are no...
by mbaker | Sep 10, 2019 | Elder Care, Estate Planning
Part of life is a role reversal that hits as our parents reach old age. For many people, at some point they become incapable of truly caring for themselves or maintaining their own home, at which point that role reversal hits, and the children become the caretakers....
by mbaker | May 22, 2019 | Elder Care
It is an unfortunate reality that many seniors will become victims of elder abuse, and that these incidents of elder abuse add more than $5 billion per year to healthcare expenses in the United States. One report from the National Center on Elder Abuse estimated...
by mbaker | May 15, 2019 | Elder Care
Many states have laws in place that make adult children responsible for paying for their parents’ medical care in certain circumstances. While these laws are not always (or even frequently) enforced, it is still worth understanding them to determine if you have any...