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Tag Archives: financial power

Preparing for the Cost of Long-Term Care

As you plan for your senior years, you will need to devise a budget and allocate funds appropriately for your elder care.  If you are planning to rely on Medicare to cover most of your health care expenses, there are some things you should know.  Read on to learn more about elder care financial planning. […]

Aging with Alzheimer’s: Protecting Your Finances

One in eight American families will be affected by Alzheimer’s disease.  As this disease progresses, it takes a toll on everyone involved and can fuel a lot of anxiety about the future.  If you have been diagnosed with Alzheimer’s, it is important to understand that you are at a greater risk of becoming a target […]

Types of Powers of Attorney

In the previous posts, the different approaches to elder law were discussed. The most advantageous approach, the proactive approach, includes the preparation of several important documents. Foremost, among those documents, are Powers of Attorney. In the Commonwealth of Pennsylvania, the law provides for two types of powers of attorney: Financial Powers of Attorney; and Health […]