Blog Archives

Nip A Predator’s Scheme In The Bud — Stop Your Aging Parent From Becoming Prey

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

Intrusion or Just Being Safe? Monitoring Aging Parents’ Finances

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

Avoid These Three Retirement Mistakes That Can Make A Mess For Your Family

Retirement talk is on a roll. With 10,000 Boomers turning 65 every day, no wonder. But besides advice on how to “live the life of your dreams” and have a “secure retirement” there’s some important information too few are taking

The Looming Crisis: Aging Parents And Adult Children Still Living At Home

You may know of an older individual or couple who has a middle-aged adult child living with them in their home. We are not talking here about those who sensibly chose a multi-generation household for good reasons. And this is

Boomers: Will You Need Care In Your Own Future?

Hello again, from Carolyn and Mikol at AgingParents.com!   Wishing all of you a beautiful season. Here’s a subject that many of us are involved in right now. Millions of us Boomers are caring for an aging parent.  Some take

Can Your Aging Loved One Learn To Use Technology?

Hello again.    Mikol here.   We hope this finds you well. Today, I want to share with you an experience I had with my Mom, who was 86 when this happened.  My Mom, Alice, was computer phobic before Dad

The Saga Continues: Should You Support Your Low Income Aging Loved One?

As many of your may know, my brother had a massive stroke and was hospitalized for weeks. He went to a rehab facility (aka nursing home) where he got physical therapy, speech and occupational therapy. When it came time for

Smart Ways To Talk To Aging Parents About Finances

A recent survey by the National Endowment for Financial Education found that seven in 10 adults say they have difficulty talking to their families about who will make financial decisions on behalf of an aging family member who becomes unable

Hidden Truths About Long Term Care Insurance

Should you or shouldn’t you? Seems as if someone is always promoting the purchase of long term care insurance. Most of us don’t want to think about getting old and needing anything like that. If we ever think about it,

Son Hit with Aging Parents’ $93K Nursing Home Bill

Could this happen to you? John Pittas’ mother entered a nursing home for rehabilitation following a car crash. After she left the nursing home, she moved out of the country.  His mother’s $93,000 bill at the home was left unpaid. 

Hidden Truths About Reverse Mortgages

The ads make them look so great. Vacations, living a great lifestyle, happy couples, smiling at their good fortune. Rewards are repeated again and again. Sincere movie stars of a certain age make the commercials believable.  You can get cash

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

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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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