Every August is National Make-A-Will month and if you don’t have a will, consider creating one. According to LexisNexis, approximately 55% of people in the United States do not have a will. Taking the time to make your own will allows you to determine what happens to your assets and belongings. Some of the reasons … Read More »
Many seniors prefer to remain at home instead of moving into an assisted living facility or nursing home. Home healthcare provides support with daily living tasks such as chores and going to the store or taking care of a home. This type of care is often less expensive than living in a facility, and it … Read More »
Both a living will and a Do Not Resuscitate Order (DNR) are advance directives. They both provide instructions on what to do if someone becomes incapacitated and cannot make medical decisions. However, each one has a specific purpose. A living will which is also called an instruction directive in New Jersey, is used to tell … Read More »
Family members who care for the elderly may be eligible to be paid by Medicaid. When a senior needs ongoing daily care, often the family members assume the responsibility of transporting the individual to doctor appointments, tests, and daily errands. Many family members also have to give up jobs or work fewer hours to provide … Read More »
Student loan debt is no longer just a concern for those in their 20s and 30s. Older individuals have student loans too. Seniors now have the highest rate of student loan debt. TransUnion, a credit reporting firm, recently released data showing student loan debt rose 161% for those 60 and older from 2010 to 2017. … Read More »
Pour-over wills and living trusts work together to make sure that all assets go to the intended beneficiaries after death. With a pour-over will, all property not specifically given to someone in the will at death is “poured over” into the trust. A pour-over will works to transfer property into a trust which was bought … Read More »
Bratton Estate & Elder Care Attorneys is pleased to announce our newest team member, Katie Knook, as Elder Care Coordinator. Ms. Knook comes to Bratton Law with significant experience in the South Jersey senior community. As part of the Bratton Law Life Care Planning team, Ms. Knook oversees the coordination of our client’s health and … Read More »
There are many options to consider when choosing a retirement community for yourself or someone you love. The first thing to do is to do some research to find what will work best for your situation. Senior living communities or retirement communities offer different levels of care and making sure you find the right place … Read More »
Most seniors do not realize how vulnerable they are when it comes to identity theft. Recently, an older adult received a text message that his bank account had been frozen. The text message appeared to be from his bank, and he was asked to call a number to fix the issue. He called and was … Read More »
The House of Representatives recently passed a bill that may have far reaching effects on retirement planning options for Americans. The House passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 on May 23 of this year. The law encourages more small employers to offer 401(k) plans and SIMPLE IRAs due … Read More »
