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Veteran Disability Benefits

The U.S. Department of Veterans Affairs (VA) has many different kinds of programs to benefit the more than 18 million American military veterans living in the United States. Among others, these include assistance with health, education, and home loans. But surprisingly, VA disability payments are one of the most common entitlements veterans overlook – even

WEBINAR RECAP: Protect This House: Part I: Legal Measures to Safeguard Real Estate of Married Nursing Home Resents

Incorporating legal measures as part of one’s estate and retirement planning to protect against catastrophic healthcare costs, especially nursing home charges, is important but often overlooked. Elder law attorneys have the expertise needed to properly address those concerns in addition to handling other aspects of estate planning. But what if someone has already entered a

Should You Sell Your Life Insurance Policy?

Many older adults have life insurance that they no longer need. With children grown and no debt, the purpose for which the insurance was acquired no longer exists. Life insurance is an asset that many older adults have. According to Vital Life, 57 percent of Americans aged 65 and older have life insurance policies. In

Is an Independent Living Facility Right for Me?

Housing options and the associated costs are among the top priorities for many seniors. Today, more than ever, seniors are opting to enter an independent living facility as an affordable means of maintaining their desired way of life. What Is an Independent Living Facility? An independent living facility is a housing arrangement that caters

PACE Program Helps Seniors Remain at Home

Most seniors want to stay at home as long as they can. The little-known Program for All-Inclusive Care of the Elderly (PACE) allows persons to do just that instead of going into a nursing home. Program History PACE’s inception dates to the 1970s when the federal and state governments were developing community-based services for some

Social Security Benefits In 2024

The Social Security cost-of-living adjustment (COLA) in 2024 is a 3.2 percent increase.  This follows a record-high 9 percent increase in 2023. Does COLA Only Affect Retired Workers? Each fall, the Social Security Administration (SSA) announces changes to the annual cost-of-living adjustment for the forthcoming year. Based in part on the consumer price index, the