Considering Health Care Costs & Life Expectancy When Planning for Retirement

Rising healthcare costs, increased longevity, family responsibilities, and two major bear markets make it difficult for seniors to plan for retirement.  Today, many people nearing retirement are considered “Baby Boomers,” or those born between the end of WWII and the introduction of oral contraceptives in 1964.   Now, seniors are living longer than ever before, as […]

Growing Older & Keeping Control

Everyone ages at a different pace, and everyone deals with issues as they age.  Some will be physically and mentally active into their nineties, and others will suffer through the experience of terrible illness or disease when they are in their early fifties.  Being in control is important to everyone.  Growing old and accepting help […]

Loved Ones and their Long-Term Care Options

As seniors become older, they tend require assistance with their activities of daily living (such as toileting, bathing, or dressing) as a result of health issues or general forgetfulness.  Often, the role of primary caregiver falls to the spouse, and if he or she is unavailable, then to the children.  Caregiving can be an exhausting […]

Obamacare

Last Tuesday, October 1st, marked the first day that you could begin shopping for health insurance exchanges to obtain coverage from competing private insurers under the Affordable Care Act, also known as Obamacare.   While there are some disadvantages to Obamacare, which requires you to obtain health insurance coverage by the end of March, 2014, there […]

Legal Do-It-Yourself

There are many legal websites and boxed software products available today for roughly $50-$100 that offer consumers quick “solutions” to their every legal need, whether drafting a will, incorporating a business, forming an LLC, or even handling an uncontested divorce. Sometimes these at-home do-it-yourself solutions, such as LegalZoom or Rocket Lawyer, are okay, and better […]

What’s a Trust?

In elder law and asset protection, trusts are used frequently as a significant planning tool. There are many different kinds of trusts that are used for different purposes.  Most homeowners have a trust already without knowing it.  For example, if you have a mortgage on your house, then you have a “deed of trust” on […]

An Ounce Of Prevention

This week we are taking an opportunity to have our intern at Alexander & Associates, Elizabeth Wilkinson, write a guest blog post. Elizabeth is a third year student at Campbell Law. The legal content of this post is not intended to provide specific legal information; a licensed attorney has verified this post for accuracy. When […]

Long-Term Care Insurance

It is common today to see advertisements of senior couples in the golden years of their retirement happily enjoying their time together without any worries or stress.  The reality, however, is that our retirement years may not go exactly as we have planned, especially if we face an unforeseen health crises.  In order to prepare […]

“Too Good to be True”

People of all ages run the risk of being taken advantage of by those that they should be able to trust; today, many professions that historically offered solely one service to consumers now mix the types of services that they provide to their customers.  For example, bankers used to be bankers, insurance brokers used to […]

Maintaining Control

Control over your life is essential to being who you are; making choices for yourself defines who you are.   While we may devote ourselves to God or our family, the power of that devotion is determined by our everyday choices.  No one willingly gives up control over their own lives.  Seniors, as they grow older, […]