202102.18
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Why you must have an estate plan

If you believe estate planning should only be addressed by senior citizens, or those with terminal conditions, or wealthy individuals, you are mistaken. The fact is every adult can benefit from estate planning regardless of age, health, or wealth. Let me repeat that sentence…every adult can benefit from estate planning regardless of age, health, or…

202012.23
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Include digital assets in your estate plan

Digital assets are simply defined as content that is stored digitally. Some common types of digital assets include photos, music, videos, power point presentations, Excel spreadsheets, Word documents, logos and other branded graphics, audio files, PDF’s, and access codes to bank accounts, credit card accounts, investments, and the like. For some, these assets comprise a…

202006.18
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The Basics of Advance Directives

“Putting your wishes in writing can relieve a tremendous burden for your loved ones.” Life Choices, published by the Office of the Missouri Attorney General. Advance directives are written, legal documents that explain to others what kind of health care you want when you were too ill to speak for yourself. Those documents generally considered…

What seniors should know about debt collection (second part of a two-part article)
201910.25
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What seniors should know about debt collection (second part of a two-part article)

In part one of this article, we discussed the substantial increase in consumer debt by older Americans and the anticipated increase of subsequent debt collection efforts against older Americans. Thereafter, we began a discussion of what seniors should know about debt collection so as to prepare for that unwelcome event should it arise. We now…

201903.19
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Alcohol abuse among seniors – a growing trend

The United States and alcohol consumption go hand in hand. Throughout the history of our great country, Americans have struggled to find a healthy balance between reasonable alcohol consumption and the over indulgence of intoxicating beverages. Our forefathers, seeking a new life in America, brought with them a culture of alcohol consumption, and sometimes alcohol…

201903.12
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Reverse mortgages – the good, bad and the ugly

Congratulations seniors, these are your Golden Years. Your Social Security check exceeds your expenses and your children are all doctors and lawyers who never ask for handouts and seem terribly happy with their lives. You have very few wrinkles and a head full of dark hair. Your home continues to appreciate annually and your mortgage…

201902.22
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Should Seniors Create a Written Contract When Paying Relatives for Elder Care?

According to the State of Missouri’s Office of Administration, our state’s elderly population has increased more consistently and proportionately than any other age group. While Missouri residents age 65 and over represented only 10% of the population in 1950, by 2030 the Office of Administration predicts their numbers will represent more than 20% of all…

201807.11
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Choosing a Skilled Nursing Facility or Long-Term Care Facility

The choice of a skilled nursing facility or long-term care facility is challenging, and chances are good that you, along with many Americans will someday be faced with the need to find such a facility for yourself or a loved one.  What’s the difference in the two you ask? The care provided in a skilled…

201804.23
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Do Older Adults Have Too Many Possessions?

“Your peers will respect you for your integrity and character, not your possessions.”  David Robinson  But if possessions are temporary and do not reflect the character of man, why are so many older Americans swimming in them?  The overabundance of personal property is troubling when you consider many older adults live on limited or fixed…

201803.13
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Should We be Concerned Our Political Leaders are Aging?

Seniors play a vital role in our everyday lives.  They contribute to our economy by purchasing items, paying taxes and employing service industry professionals.  Their ability to care for grandchildren and other family members allows others to work full-time and achieve their goals in life.  Seniors also volunteer at a pace on par with most…