What's the Difference between Assisted Living and a Nursing Home?
This article discusses the differences between assisted living and nursing homes.
This article discusses the differences between assisted living and nursing homes.
This blog is about the 2023 update to the asset rules that apply to married couples when one spouse requires nursing home care in Michigan.
It is tough to know when you should step in and help your parents with their finances. You may go back and forth about when to take over. Deciding whether your parents still have the cognitive ability to manage their money is a difficult call to make. A recent report reveals why it may be importa...
A diagnosis of dementia, a category of diseases affecting memory and thinking that includes Alzheimer's disease, can feel overwhelming and upsetting. You might worry that you will lose control over your life and ability to make your own decisions. Fortunately, receiving a diagnosis of dementia or...
This blog discusses crisis Medicaid planning, which is the legal planning we can assist with when a senior may be about to enter a nursing home or is already in a nursing home.
Traditional Long-term Care Insurance faces increasing premiums, decreasing benefits, and less insurers to choose from, but there are other options.
This post discusses the differences between Wills and Trusts created under the estate planning laws of the State of Michigan.
This article reviews important legal issues to address when becoming an adult.
This post discusses the challenges of caring for someone with dementia.
A Last Will and Testament and a Trust are legal instruments that contain a set of instructions that communicate your wishes.
This blog discussed how to distribute your stuff to minimize family feuds after your death.
As you have probably heard by now, there is some push back occurring against the Governor's stay at home order.
There has been an increase in the numbers of Americans rushing to make their Wills and other estate planning legal instruments during the COVID-19 crisis.
If you are concerned about long-term care costs and want to have more care options, read about the hybrid long-term care insurance policy.
This blog discusses some of the ways to hold title to real estate.
This blog reviews issues to consider and be aware of before adding an adult child to your bank account.
This blog provides an overview of revocable and irrevocable trusts.
This post discussed the difference between Medicare and Medicaid, two programs created in the 1960's with confusingly similar names.
Information about assisted living facilities.
Waiting to claim Social Security benefits can result in a substantial economic benefit for those who live longer.
As we age, it may become increasingly difficult to manage our assets and pay our bills. Many of us will, at some point, need assistance with these details to help ensure that our financial and other assets aren’t depleted.
According to the U.S. Department of Health and Human Services, someone turning age 65 today will have a 70 percent chance of requiring some long-term care (LTC) service and support during the remainder of their life.
Somewhere in the world, every three seconds, someone is being diagnosed with dementia. Dementia is a catchall phrase that refers to many types of neurodegenerative diseases.
When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71, according to survey data — lack any type of estate plan.
The short answer: Both share similar concerns. The longer answer? The differences make all the difference. The Concerns are Similar No matter what age we're in, life can deliver some hard knocks. Hope for the best, but plan for the worst. We can get into accidents, especially when we're young a...
I help seniors and their families to prevent the devastating financial effects of long term care. I assist and represent clients in and from the entire metro Detroit area, including all communities in Oakland, Macomb, and Wayne Counties. In-person meetings with Andrew Byers are available at his office Monday through Friday. Video conferences over Zoom or Microsoft Teams are also available.