A Growing Number of Older Couples are Living Together – and Risking a Host of Potential Legal Problems

Back in the dark ages, before the 1960s, the phenomenon of unmarried couples living together used to be somewhat rare. That’s definitely not true anymore, especially among aging boomers.  The number of men and women aged 50-plus who decide to live together and not get married is on the rise – but what many of…

Doctor with digital tablet talking to family

Opponents of Medicare “Observation Care” Loophole Will Finally Get Their Day in Federal Court

We’ve written about the problem of what hospitals and doctors call “observation care” multiple times before here on the AgingOptions blog. When most people hear about this Medicare rule, they respond with angry disbelief – but in spite of new regs designed to curb the practice, the problems associated with what amounts to a giant…

Forbes Report: Family of Rocker Tom Petty Embroiled in a Battle Royal Triggered by a Poorly-Worded Trust Document

If you’ve heard Rajiv say it once, you’ve heard him say it a hundred times: when it comes to your retirement, having plenty of money is absolutely no guarantee that you’ll leave behind the kind of legacy you hope to. Now once again, that axiom is being played out in the headlines in an ongoing…

Good News for Drug Costs: U.S. to Finally Allow Prescription Drugs from Canada, Reversing a Long-Standing Policy

At long last, U.S. consumers will soon be legally permitted to buy prescription drugs from Canadian pharmacies, if the Trump administration and a bi-partisan group of lawmakers have their way. Late last month, according to a recent Associated Press report, government officials announced that they plan to “create a way for Americans to legally and…

AARP Report: Older Homeowners Association Members Who Fall Behind on Dues and Fees Face Increasingly Harsh Treatment

We’re not certain where all our AgingOptions blog readers live – but those here in the Pacific Northwest know that, for the most part, the housing market remains sizzling hot. Seniors planning for retirement often think about downsizing, and for many that means moving into a low-maintenance condo or a planned senior community. Those can…

Designating a Power of Attorney is a Critical Step – Just Make Sure You Don’t Start a Family Feud in the Process

Over the years here at AgingOptions we’ve dealt with hundreds of families, and we’ve seen some of the harm that poor planning combined with toxic family dynamics can create. Estate planning done poorly offers limitless opportunities for family tensions. As you approach retirement, you may be thinking about designating one of your adult children as…

Health insurance for a younger spouse

Syndicated Columnist Chuck Jaffe Advises Readers to Have “The Financial Talk” Now to Avoid Pain Later

If something were to happen to your spouse, would you know how to find all the important information about your financial accounts? Would all your beneficiary designations be up to date? Do you even agree on who your beneficiaries should be? If your answer is no, you’re not alone. The sad reality is that many…

An Ongoing Scandal: In Spite of Laws on the Books, Many Cases of Elder Abuse are Never Reported to Authorities

Vulnerable seniors living in nursing homes are entitled to the best of care. They should be able to live out their lives in a safe and secure environment. But tragically that is often not the case, and all too often those in charge are never reporting cases of suspected abuse to regulatory authorities – in…

New Laws to Protect Seniors from Financial Scams are Being Adopted, Yet Billions of Dollars are Still Lost Annually

Here on the AgingOptions blog, we felt it was time for an update on the topic of financial scams targeting seniors. Are the new rules and regulations at the state and federal level that have been adopted over the past few years having any effect? The answer appears to be yes, there’s some evidence that…

Beware of Do-It-Yourself Wills: They Can Save You Money but Leave Your Heirs Uninformed and Unprotected

These days you can get practically anything online, and that includes do-it-yourself wills and other estate planning documents. These services (and there are thousands of them) promise to let you create legally sound estate planning documents at a fraction of the cost of having them prepared by an attorney. But unless you know what you…