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Yes, people can apply for benefits before they are eligible, with the approval taking effect on the date of eligibility. While the nursing home resident’s application is pending, generally [...]

The median cost of a private nursing home room in the United States has increased 4.2 percent to $91,250 a year, according to the 2015 edition of a Cost of Care survey that the insurer Genworth [...]

A power of attorney may seem like a simple document, but there are several important decisions that need to be made when creating one. From whom to appoint to what powers to grant, care and [...]

If your mother is still legally competent, she can revoke her existing durable power of attorney and execute a new one naming you or someone else as her new agent. If she does not have legal [...]

It probably depends on the investment and the facts. If your mother made an investment that didn’t work out with an independent third party, it should probably not be a problem. But if, for [...]

We accumulate a lot of stuff over a lifetime and at some point – perhaps due to death, divorce, debt, or downsizing – we need to get rid of it. An estate sale is one way to dispose of [...]

Do you want to live out your last days hooked up to a ventilator or a feeding tube? Whether you want your life to be extended as long as possible or whether you want no life-sustaining measures [...]

If possible, the resident should sign the agreement him- or herself. If the resident is incapacitated, someone else may sign the agreement. Whether this person is financially responsible depends [...]

A power of attorney allows a person you appoint — your “attorney-in-fact” or agent — to act in your place for financial or other purposes when and if you ever become [...]

A trustee is the person or institution appointed to manage a trust. A trust is a legal arrangement through which a trustee holds legal title to property for another person, called a [...]