Category: FINANCE & LEGAL
Giving thanks for proper estate planning, which reduces stress and gives families peace of mind
By Elizabeth A. Caruso, Esq. Instead of a Myth or Fact, this month, in honor of Thanksgiving, I’m going around the figurative dinner table to say why I am thankful for estate planning.I’m thankful that a proper estate plan can...
Read MoreFinancial advisors have duty to help seniors understand if a reverse mortgage will help them achieve their goals
By George A. Downey Home equity, older homeowners’ largest asset, is not liquid and seldomly a consideration in planning practices. However, reverse mortgages change that and obligate financial advisors to know the potential and...
Read MoreSenior Living. Senior Solutions. Made Simple.
Maybe it’s time to think about selling the family home. Here’s how to get started By Korey Welch, Owner of Boom Realty and Senior Mortgage Broker, Loan Factory Maintenance is becoming a bit much. Utility bills are...
Read MoreIs your adult child on your company health plan? Here is how they can save money on prescriptions
By Patricia PrewittMy Personal Rx Adviser Topics for this column often come from real-life questions I receive when teaching a consumer education class, or questions from friends or referrals. Recently, a working Mom called with...
Read MoreAgeism Awareness Day offers a chance to fight stereotypes, prejudices, and discrimination
By Nicole Long, MSW, LICSWCEO of Old Colony Elder Services What is Ageism?The World Health Organization defines ageism as “the stereotypes (how we think), prejudice (how we feel), and discrimination (how we act) toward others or...
Read MoreMyth or Fact? An irrevocable trust estate plan is the best plan for me
By Elizabeth A. Caruso, Esq. To find out whether this is a myth or a fact for you, you’ll have to read this whole article!I want to use this opportunity to highlight a few points about irrevocable trusts that sometimes make my...
Read MoreCondominiums approved for reverse mortgages reduce legal risk and increase value
By George A. Downey Reverse mortgages are financial products that enable older homeowners to convert part of their home equity into cash without having to sell their property or make mandatory monthly mortgage payments. In...
Read MoreAging successfully: Easy ways to help you ‘stay young’
By Michelle Sonia, President and CEOSeniors Helping Seniors Boston South Shore We all want to age successfully to enjoy our partner, our kids, our grandkids, our pets, our hobbies, traveling the world – not just go to the doctor...
Read MoreSocial Security Administration celebrates 90 years of service to the American people
The Social Security Administration is proudly commemorating its 90th anniversary, marking its unwavering commitment to the financial security and dignity of millions of Americans. Since President Franklin D. Roosevelt signed the...
Read MoreWhy isn’t my medication covered by my health plan? What can I do about it?
By Patricia PrewittMy Personal Rx Adviser We are all unique individuals, and each of us will respond to prescription medications differently. It can be quite frustrating to find a product that works well, only to discover that...
Read MoreMyth or fact? MassHealth pays for assisted-living care
By Elizabeth A. Caruso, Esq. This is a trick question; partial myth and partial fact, but for the most part, it is a myth.Seniors today have myriad options to turn to for assistance as they grow older and their needs increase....
Read MoreAs parents age, have the difficult conversations before there is a crisis
By Mark Friedman Looking back, I remember the tough conversations my parents use to have with me. They guided me on eating right, managing my money, taking care of my health, and choosing whom to trust. Now, I find myself on the...
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