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Michigan Elder Law Today

Wednesday, April 25, 2018

When Keeping Care in the Family, Put it in Writing


Ruth lived alone after her husband died. Soon her son Ted noticed that she didn’t have enough clean clothes, her fridge was empty, and she had fallen a few times.

Clearly if Ruth were going to stay at home – and who wouldn’t rather do that, if possible – she would need help. Ted was willing to move in and care for Ruth, but he would have to sell his house and quit his job, losing employment benefits and putting his career on hold. However, if he could be paid for Ruth’s care, that would ease the sacrifice considerably.
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Thursday, April 12, 2018

Medicare and Medicaid: Unlocking the Mystery

Medicare and Medicaid have long been a mystery to many consumers. In fact, it can baffle and confuse even some of the smartest citizens.
Read more . . .


Monday, March 26, 2018

Creative Financial Approaches for Paying for Long-term Care

Long term care insurance was sold aggressively in the 1980s, 90s and thereafter to offset the costs of seniors needing to live in a nursing home, assisted living or needing at home health care. Now, however, the business of long term care insurance has dramatically changed.

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Saturday, March 3, 2018

5 Things to Include in an Estate Plan

Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability.



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Tuesday, February 27, 2018

Considerations for Retirement Planning


Most people dream of the day they can retire. The problem is that many do not move beyond dreaming to planning. Planning can be done no matter what your age, but experts encourage people to start as early as possible. Retirement planning can seem like a daunting endeavor for many people as they focus on day-to-day financial obligations. Many people have no idea where to start.
Read more . . .


Thursday, February 22, 2018

What the New Tab Bill Means for Seniors

Congress passed the Tax Cuts and Jobs Act in December of 2017 which is aimed at cutting taxes for corporations and all Americans. While the bulk of the legislation went into effect January 2018, most taxpayers will not see much of a difference in their taxes until 2019, when they file their 2018 taxes. However, there are several important changes seniors need to be aware of now that could affect not only their tax bill, but other items such as their health care premiums. 



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Monday, January 29, 2018

Aging is a Success Story

Aging is the sign of a successful life. After all, when you think about the alternative to aging your perspective about getting older shifts.



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Tuesday, December 26, 2017

Memory Care Innovations

Within the next 20 years, there will be an increased need for memory care housing options as the Baby Boomers continue to age. In 2016 alone, more than 2.5 million Baby Boomers turned 70 years old, the youngest boomers hitting age 52. With advancing age comes an increased risk of Alzheimer’s disease and other dementia. Recent estimates state that the number of Americans living with Alzheimer’s disease could potentially triple from the 5 million sufferers in 2013 to around 14 million by the year 2050.


Read more . . .


Thursday, December 14, 2017

Changes to Social Security in 2018


There is good news! Social Security payments will increase by 2% in 2018. The bad news? It’s not enough to keep up with inflation.

Many senior citizens will be happy to learn that the amount of money they will receive in their social security checks will increase two percent in 2018. This averages about $27.38 per month, or $329 per year under a new Cost of Living Allowance (COLA).


Read more . . .


Monday, November 27, 2017

Need Help Understanding Medicare?

Here are tips and resources for assistance with Medicare.


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Wednesday, November 22, 2017

What is Daily Money Management?

With our rapidly growing population of seniors, more and more families will be dealing with loved ones who will face trouble managing their daily finances. Being unable to fully manage financial matters puts the elderly at risk of financial insecurity, debt problems or serious paying for long-term care down the road.
Read more . . .


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Estate Planning & Elder Law News

Elder Law, Estate Planning, and Probate attorney Andrew Byers helps people in Troy, MI and throughout Oakland County, MI including Royal Oak, Clawson, Berkley, Huntington Woods, Rochester Hills, as well as throughout the metro Detroit area, including Macomb County and Wayne County, Michigan.



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