If the Coronavirus Outbreak Has Prompted You to Get Serious About End-of-Life Directives, AgingOptions Has the Solution

As part of our commitment to helping you make the most of the unusual circumstances triggered by the coronavirus pandemic, the team at AgingOptions, along with our partners at LifePoint Law, want to make it as easy as possible for you to experience the peace of mind that comes with proper legal planning.  But how…

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. A prime example: as you approach retirement, you may be thinking about designating one of your…

“A Uniquely American Phenomenon” – Crippling Medical Debt Puts Millions Under Severe Financial Pressure

It’s a financial burden that in other countries would be “unfathomable,” say the health care policy experts. Millions of Americans, even many with insurance, are finding themselves with “crippling amounts of medical debt.”  Those are some of the sobering phrases we found in this 2019 article from The Atlantic that we first shared with you…

Important New Year’s Resolution: If You Want Your Estate Distributed Properly, Now’s a Good Time to Update Your Beneficiaries

Here’s a question: if you’ve made it clear in your will which of your heirs should inherit money from your estate, how it is possible that those funds will end up going to someone else? The answer is simple: if you’ve forgotten to update the beneficiary information on a life insurance policy, retirement plan, or…

Been Putting Off Writing a Will? These Reminders Might Just Help You Stop Procrastinating and Get It Done

Just about everybody knows that dying without a will can cause serious problems for your loved ones. Here at AgingOptions, we are frequently asked about this topic, and as you can imagine, we have some strong opinions which we’ll discuss in a moment. First, though, we were drawn to this recent article by Liz Weston…

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…