Blog Archives

Are You Worried That You May Have To Be Financially Responsible For Your Aging Parents?

*FOR IMMEDIATE RELEASE Are You Worried That You May Have To Be Financially Responsible For Your Aging Parents? If you don’t know what to expect as your parents grow older and you’ve never thought about what can go wrong, you

Three Ways Families With Aging Parents Can Stay Out of Court

Do you get along with everyone in your family?  Lots of people don’t. Old conflicts can rise up when aging parents start to decline in health and need help.  When there is conflict in families, it can sometimes escalate to

Who Is Competing For Your Aging Client’s Attention and Dollars?

Competition for clients has always been there, but as investors age, something you might not have anticipated can happen. The vultures are out there.  Competition with you for their invested assets can become an increased threat when an older client’s judgment is compromised.

Do you know about these 5 scams targeting seniors ?

Would You Immediately Recognize These Elder Abuse Hidden Scams?

Most days at I get a call from an adult child of an elder, asking me about shady dealings over a parent’s finances. Sometimes it’s the niece, grandson, or other family member the caller is worried about. Sometimes it’s the

Do You Want To Live To Be 100?

Hello again We are always fans of those who have figured out how to age well and we always want to learn a few things from them.  Here’s a fine example:   The Philadelphia Enquirer recently published a piece about Murray Shusterman,

Tax Scams and Your Aging Parents: Phone Scams Escalate During Tax Time

A new and fast moving telephone scam is targeting taxpayers across the country.  The Fraud Watch Network sent out a press release detailing how thousands of victims have already lost more than $1million.  Please caution your aging parents and others as

Busting The Myth That You Should Let Impaired Aging Parents Make All Their Own Decisions

I am compelled to share these stories with you, sad as they may be. I hope you can learn from the way others handled what was supposed to be doing the right thing.  Or so they thought.   Are you

Shocking True Story: The Nurse Who Refused to Give CPR to an Elder: Elder Then Died

Hello again, Carolyn and Mikol here. As a nurse and attorney, I can tell you I really had a problem reading about a nurse who refused to give CPR to a dying resident in the seniors’ community where she worked.

Legal Limits of Care in Assisted Living Facilities

When aging parents come to the point when assisted living seems like the best choice, it is usually their baby boomer children who see it first. Perhaps the adult children live in another state. Perhaps they are unable to visit

The Smart Way to Resolve Family Fights About Your Aging Parents

We’re looking at something we know is painful: family conflicts. Sibling battles.  Arguing with your aging parent. Do you have a dispute going on in your family? As parents age, many problems can crop up among adult siblings and sometimes with

Elder Financial Abuse Under Our Noses?

This is unbelievable.  Here we are, always trying to alert people to financial abuse and we think Mikol’s own mom, Alice, has been taken advantage of by her financial advisor!   Alice is 91, is blessed with a great memory

How to handle a dangerous older driver

“How To Help A Dangerous Older Driver Give Up The Keys For Good”                                                          There comes a time in every elder’s life that driving is no longer safe for anyone on the road. Whether you’ve already had “the talk” –

There’s No Law Against Making Stupid Decisions

Howard, 92, loves women.  He has dementia and is legally blind.  He likes to give women checks when they tell him their sob stories about needing money.  He has one daughter, Missy, who is aghast at his conduct. After her mother

“How To Help A Dangerous Older Driver Give Up The Keys For Good”

“How To Help A Dangerous Older Driver Give Up The Keys For Good” There comes a time in every elder’s life that driving is no longer safe for anyone on the road. Whether you’ve already had “the talk” – which

The Catch 22 In Efforts to Cut Medicare Spending

Some of our Congressional leaders are vehement about it.  Some disagree.  Everyone seems to get that we need to fix our debt problem by reducing government spending on something. But what? For those who are extremists about cutting government spending

The Unexpected Cost of Aging Parent Crises

Aging Parent Crisis – How To Cope Aging parents are living longer than ever and it creates a new need for their adult children: you have to know what to do with the many crises that come up. As our

3 Critical Things Left Out Of The Health Care Reform Debate

The political battle on health care reform rages on. But the debate totally misses some important features of the Affordable Care Act that directly affect elders. Maybe people who oppose the Supreme Court decision don’t want to look as if

Are You on the Hook for Mom’s Nursing-Home Bill?

Are You on the Hook for Mom’s Nursing-Home Bill? •    By KELLY GREENE, Wall Street Journal Thought you were immune from your parents’ debts? Not so fast. Twenty-nine states have “filial support” laws that could be used to go after

The Tough Question: Move In With Your Aging Parent?

The Tough Question: Move In With Your Aging Parent? We hope you are enjoying the beginning of spring and this time of renewal.  Mikol and I have recently moved our offices to new, brighter and better space and we’re feeling

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Testimonials by our readers
"Thank you for the article on the "grey area". It validated what I am currently going through with my Mother. It is so painful for me to go back and forth with her behavior. I just don't know what to do about the estranged sister who has exploited well over $50K of my mother's savings and my Mothers admitted " lack of "will power" to say no to her." Robert ________________________________ "I do want to thank you for the Webinar you offered. It helped me a great deal as I was facing the need to lead our family in finding a safe living situation for our mother. That information and the other information you offered as downloads gave me much needed guidance when I was feeling tremendous anxiety and uncertainty." Betty
FREE Report: 10 Warning Signs Your Aging Parent Needs Help With Money
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Archives
  • What To Do When Medicare Screws Up Your Aging Parent’s Bill August 21, 2017
    Most of our aging parents receive Medicare, which is supposed to pay “covered medical costs”. And for the most part, it does. But then there are the mistakes. Are your aging parents helpless when Medicare refuses to pay for something that…Read more ›
    Mikol Davis
  • Nip A Predator’s Scheme In The Bud — Stop Your Aging Parent From Becoming Prey July 12, 2017
    Rhonda is a 91-year-old widow and lives independently. She has a few million in investments and has planned well for retirement. Her two sons are busy and leave her to make decisions about her money independently. What Rhonda’s sons didn’t…Read more ›
    Mikol Davis
  • Intrusion or Just Being Safe? Monitoring Aging Parents’ Finances June 13, 2017
    For most adult children with aging parents, there is often the dilemma of whether or not they should be involved with monitoring their aging parents spending habits. You want to honor their independence, but what if they show signs of…Read more ›
    Mikol Davis
  • Heed These Warnings About Aging Parents’ Medications June 9, 2017
    Is your aging parent one of the many battling Alzheimer’s disease or another form of dementia and taking medication? Dr. Elizabeth Landsverk, a Silicon Valley, California-based geriatrician, recently quoted in an article in The Mercury News, strongly advises against elders…Read more ›
    Mikol Davis
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