Finances

Janet Smith, an elder law attorney with the Northwest Elder Law Group, spoke at Discovery 2019, the 34th Annual Alzheimer's Regional Conference. Elder law...

Nichole Smith at CarePartners Senior Living says that surprisingly, a majority of financial abuse comes from family members. We often have so many red flags that families are squirreling away money. When a person loses their safety awareness, of course they trust their family more than anybody else, and family members may be making decisions which they think are in the best interest of their loved one, but later down the line it may make it so they can’t get on a state Medicaid program because they’ve gifted money within the last five years.

Kelley Smith at CarePartners Senior Living talks about funding options for senior care. If a retirement/assisted living/memory care community really is the best solution, then we are going to talk about financing. What are you supposed to do if your dad’s gone, and all your mom has is her social security and her house? We have the largest floating Medicaid license in the state. Mom can take what little assets she has, and when she runs out of money, Mom qualifies for the state benefits and is guaranteed to be able to stay with us.

Funding long-term care is a huge topic that stymies people. Daphne Davis at Pinnacle Senior Placements says one option that’s overlooked is Aid and...

Generally, until you cross into this world of needing to find options for care and housing for elders, it’s not something you think about,...

Money is not a pleasant topic to talk about, nor am I an expert.  What I do know is that if you are helping...