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…

Can Adult Kids Be Held Legally Responsible for Parental Support? In Some Countries – and Some States – the Answer is Yes

Here at AgingOptions, we feel we’ve seen it all when it comes to relationships between aging parents and adult children. In some cases, these relationships are wonderful models of love, respect and support; in other families, plagued by bitterness and old wounds, parents and kids are barely on speaking terms or are openly antagonistic toward…

Before Signing That Divorce Agreement, Make Sure Your Rights to Retirement Savings Will Be Protected

Several months ago we were reading financial columnist Michelle Singletary’s column in the Washington Post when something in the article really grabbed our attention – a reader comment buried far down in the column that set off warning bells. We felt this information needed to be shared once again with our AgingOptions blog readers. Divorce…

Age Discrimination Was Outlawed in 1967, Yet It’s Alive and Well Today, New Research Finds

2017 marked the 50th anniversary of the Age Discrimination in Employment Act (ADEA) of 1967. That landmark piece of legislation made employment discrimination against anyone 40 years old or older illegal. But subsequent court rulings combined with often deceptive employment policies have left a majority of older workers vulnerable to unfair labor practices. Age Discrimination…

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

As people plan ahead for retirement, they often think about downsizing – and that often means selling the large, old family home and moving into a low-maintenance condo or a planned senior community. Those can be terrific options for seniors looking for the dream of carefree living. But be careful: that type of home typically…

Aging Couple planning for Medicare

Your 2019 Legal Laundry List: Make This the Year You Accomplish These Ten Estate Planning Priorities

Most of us like lists. Some people make To Do lists and follow them scrupulously, while others make lists and then ignore them. Still, whatever kind of list-maker you are, there’s something about seeing those important tasks on paper or your computer or smart phone screen that focuses our thoughts and rearranges our priorities. Being…

Best of Intentions: If You Want Your Estate to be Distributed Properly, Remember 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…