Financial Elder Abuse – Identify and Protect
How common is financial elder abuse? If you detect any sudden changes in a loved one’s financial situation which may indicate exploitation, you should be very concerned and consider getting involved.
How common is financial elder abuse? If you detect any sudden changes in a loved one’s financial situation which may indicate exploitation, you should be very concerned and consider getting involved.
If you know of a relative, or even a friend offering care to a loved one, it sometimes helps just to have an understanding of what resources are available. Some options are more appropriate than others depending on the individual needs.
Most extended families are familiar with a circumstance or two where a relative provides the primary care for a dependent due to special needs, short term medical condition, or an elder who requires home care. Regardless of the situation, caregiving can be challenging. We are here to inform you that there are resources available in your community to help relieve such challenges. If you know of a relative, or even a friend offering care to a loved one, it sometimes helps just to have an understanding of what resources are available. Some options are more appropriate than others depending on the individual needs.
Life Care Planning is a service that helps people find and pay for good care for life. It is a “team” approach serving the needs of the client, which combines the skills of both of the Elder Law Attorney, Financial Advisors, Care Coordinators and Other Professionals.
A Continuing Care Retirement Communities (CCRC) is a progressive development in housing alternatives for active and engaged seniors, but with an assisted living component and even a nursing home. Wouldn’t it be nice if you could find a place to live for the rest of your life? Namely, a place that is comfortable, so that as you (or your spouse) require more care, you wouldn’t have to leave your complex, leave behind friendships and support systems, or face the uncertainties of future care needs?
When a loved one cannot make proper decisions of their own, it is important to protect them from abuse, exploitation or neglect. At the same time you want to develop the maximum self-reliance and independence of the ward.
Strohschein Law Group is sponsoring a team this year to support research to end Alzheimer’s Disease. We see the impact with families as we help them navigate through the journey of caring for a loved one with Alzheimer’s and making difficult choices related to care, finances and legal concerns. Our team is walking in DeKalb on September 23rd (registration at 9am – walk at 10am) in Hopkins Park. We would love for you to join us, or would appreciate your thoughtful contribution.
Many adult children are finding themselves advocating for a parent or parent(s) during the transition from needing care to end-of-life care. Caring for a parent or loved one at the end of life can come calmly if you’ve planned for it. Going through the process of deciding on the best possible care often leads to added stress and confusion, especially if your family is already in a difficult situation. However, coping with the onset of loss will greatly be relieved by having already had the conversations with family members and the communication was put in place.
Learning of unexpected expenses related to “in-patient” vs. “observation” hospital status leaves many hospitalized patients and their families confused and upset. And, when they find out that a “three overnight stay” in the hospital did not count as a pre-condition of payment of care in a skilled nursing facility when rehab is needed, the related expenses can rapidly deplete hard earned savings. The Centers for Medicare and Medicaid Services (CMS) issued notice of proposed rulemaking published in the Federal Register on July 30, 2012, and is asking for public comment. Take the opportunity to share your experience with observation status and to recommend changes that you believe would improve access to medically necessary hospital and skilled nursing facility care!
A will serves as the basis of your estate plan. Most people understand the importance of having a will. However, a will is a document that becomes effective when you die. What happens if during your lifetime you become disabled…