As parents get older, many adult children are finding themselves in a position to provide care and support for them. This might mean living with them, visiting them every week in a nursing home facility or calling them more frequently to check in on them. However, if...
People over the age of 60 are becoming the fastest growing age group in Colorado and around the rest of the country. As this age group gets older, estate planning becomes an important consideration. There are many facets to estate planning and it is not a...
One of the most difficult parts of getting older is having to watch your parents get also older and dealing with the emotional and financial stress that comes with it. On average assisted living can cost between $2,000 and $5,000 per month, which may sound...
As you get older, you may wonder what your grandchildren will grow up to be and what your children will do when you are no longer with them. This thought process can be even more difficult if you have a loved one with special needs in your family. Obviously, you want...
Experts say that the life expectancy of the average person is rising, with many saying that people will soon regularly live to be 100 years old. This means that many families will need to be prepared for the financial demands of longer lives. Unfortunately, senior...
There is a prevalent misconception that Medicaid only provides coverage for low-income families. While Medicaid does help families with lower-incomes, it also allows millions of residents across the United States each year.According to research from the Colorado...
Regardless of the size of one's estate and the holdings contained therein, having a comprehensive estate plan in place is critical in ensuring that a person's final wishes are carried out as intended. When a sizable estate is involved in Colorado, it's even more...
People in Colorado, and the United States generally, are living longer and healthier lives. The longer a person lives the more likely it becomes that he or she will require some form of long-term care. Medicaid is a principal provider of coverage for long term care...
In 2016, WealthCounsel, an estate planning and guidance company, conducted a study to understand what Americans really know and what they think about estate planning. The most common response, by over half of the respondents, believed estate planning is only for the...
Many people may think of nursing homes when they hear about an assisted living facility, but the two are not quite the same. Assisted living facilities are usually not equipped with the same level of medical care that is available in a nursing home, and instead focus...