Retirement Finance Legal

Although many Americans are living longer, there is still a significant number of older adults in the United States who haven’t adequately planned for their retirement. A recent American College of Financial Services study found that the majority of seniors are surprisingly...

Do you know the facts about long-term care and costs so you can plan for future needs? Here are seven long-term care myths debunked. 7 Long-Term Care Myths We all hope we’ll remain in good health as we age, but someone turning age 65 today has a 70% chance of needing some type of...

Last Updated: February 18, 2019 Are you procrastinating your estate or legal planning? A Place for Mom’s legal expert, elder law attorney Stuart Furman, explains how estate planning procrastination can impact your financial and medical options in later life and why planning...

Estate plans need to be updated periodically, especially by older adults. Frequently revising your estate plans is important as you age because your circumstances change more frequently than at previous points in your life. While you and your estate planner should review your...

If a parent or senior loved one appointed you in an advance directive to make his or her medical decisions, would you know what to do? In a medical crisis, even straightforward instructions may seem ambiguous when you’re the one responsible for life-and-death decisions....

Last Updated: February 12, 2019 There are a number of reasons that elderly parents suffer from financial duress. From cognitive impairment to illness to medication problems, it doesn’t take much for everyday expenses and unpaid bills to cause financial trouble. It’s...

The needs of families balancing their employment and senior care have now been recognized by Starbucks. The multi-billion dollar company is unveiling a new perk to help employees care for their senior parents. While this move is one that is greatly needed by many, and will...

The New Year brings hope for many things, including better finances. In order to achieve better fiscal success, you need to be diligent about your financial forecasting, spending and strategizing. Here are three of the top ways to achieve better finances. 3 Ways to Achieve Better...

The new Trump Tax Plan may look intimidating, but the good news is that this new tax plan can actually help you save on healthcare expenses. This is great for seniors and their families who may have high healthcare costs or be paying for senior living. Learn more about the new...

Life expectancy is increasing, yet many families haven’t planned for a long retirement. If you, a parent or senior loved one are looking to expand your retirement income, here are a few tips. How to Expand Your Retirement Income Life expectancy is increasing with today’s...