Most adult children feel the need and responsibility to take care of their aging parents if they become unable to care for themselves. Family caregivers are often unpaid, which seems fine initially, but this role can become more difficult as time goes by. If the parent’s needs cause the child to miss work or have…
In December 2018, the Social Security Administration (SSA) had a nasty surprise for Laura Marshall (not her real name), a 74-year-old woman just scraping by in senior citizen housing in New York City’s Harlem neighborhood. The agency demanded that she repay more than $10,000 in benefits, claiming that she owned two properties — one in…
The federal government has expanded access to protections for spouses of reverse mortgage holders who are not named in the loan document, allowing more such spouses the ability to stay in their home if the borrowing spouse dies or moves to a care facility. Reverse Mortgage Protection Prior To 2014 A reverse mortgage allows homeowners…
RELEASE: Connecticut’s elder law attorneys group elects new leadership The Connecticut chapter of the National Academy of Elder Law Attorneys (CT-NAELA) announced that new members have been elected to key leadership posts. Attorney Joan Reed Wilson, the managing partner of RWC, LLC Attorneys and Counselors at Law, has been selected as president-elect. Who Is Attorney…
President Biden has introduced a plan to spend $400 billion over eight years on home health care and community-based care for the elderly and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs. As the elderly population grows, our long-term care system is becoming increasingly strained. The AARP found…
Today’s video talks about the language of a statutory power of attorney document and the limitations it has when it comes “self dealing”. Essentially, your Power of attorney may not have the ability to transfer assets to themselves. This becomes a problem when you have a couple who are each other’s POAs. I hope this…
