Dedicated to the security and well-being of seniors and their families facing today’s complex legal and social services environmentSM
“The Act doubles an individual’s exemptions for…This act contains significant tax legislation that offers numerous planning and gifting opportunities for individuals and couples…”
“Caregiving for an elderly parent or relative is hard on anyone. But for the nation’s seven million long-distance caregivers, “there’s an extra layer of stress,” says John Schall, who heads the Caregiver Action Network, a Washington, D.C., nonprofit. He’s a long-distance caregiver himself, too, for his mother in Livonia, Mich. He calls it “the worry factor”—you’re not…”
“Connecticut wants to make it easier for taxpayers to care for aging or impaired dependents at home by allowing small, freestanding structures (a.k.a. “granny pods” or “MEDCottages”) on their properties; however, the new law grants municipalities the right to “opt-out” of this land use advancement, and many are doing just that. On July 6, 2017, the Connecticut legislature adopted Public Act 17-155: “An Act Concerning…”
“…If it is difficult to broach this subject. don’t feel alone: a survey by the National Endowment for Financial Education found that 70 percent of adults who responded have difficulty talking about who will make financial decisions for elderly family members if or when they no longer can make those decisions on their own. The range of money problems among aging adults varies from something as simple as forgetting to pay an occasional bill to being completely incapable of making any financial decisions because of dementia or Alzheimer’s….”