Topics: Business Owners
According to National Institute on Aging, November is National Long-term Care Awareness Month and most long-term care is provided at home by friends and family. Taking care of a loved one can be tough at times but it is also a rewarding task.
As we age, we will tend to need a little more help with everyday tasks. Eventually some people will find themselves being cared for by a close friend or family member. For many elders, the transition from an authority figure to a more subordinate role is a difficult one. The shift in power can oftentimes be a big adjustment for all that are involved.
What will you do with your time, post-sale?
It is important to figure out what you are going to do after you’ve sold your business such as taking up a hobby, volunteering at an organization or traveling. You will need to give this some serious thought.
There will be time between when you decide you want to sell and the actual sale itself, so you will have about a year to contemplate what you are going to do in your next life.
Topics: Business Owners
Special needs trusts (SNTs) are financial instruments designed to enhance quality of life for individuals with disabilities by supplementing the government benefits available to them. Assets that held in SNTs are not counted when determining an individual’s eligibility for means tested public programs such as Medicaid and Supplemental Security Income (SSI). Since personal circumstances change, it sometimes makes sense to update an SNT. But how can you tell when it’s time to modify one?
Topics: special needs
Being able to pass along belongings to our children or loved ones is important to most people. Throughout our lives, we save and save to make life a little easier for the people we care about. The last thing anyone wants to do is to give a large portion of their hard-earned money to the government in the form of probate fee. Also, we don’t want our loved ones especially our spouses and children to wait months, even years to receive a dime.
Older adults with developmental disabilities want to age in place.
Pamela Merkle is executive director of the St. Louis-based nonprofit Association on Aging with Developmental Disabilities (AADD). “Individuals with developmental disabilities are living longer, thanks to advances in healthcare.” She begins. “For the first time, large numbers are outliving caregiver parents, and because they seldom have children of their own, their support networks shrink. The biggest awareness issue that we face is that many members of the public simply don’t know this population exists. We’re committed to helping them live independently and with dignity during their “older years.”
While other natural disasters may occur such as snowstorms and fires, the challenges for those with disabilities are often even more acute. But with careful planning, individuals with special needs and their families can reduce the disruption.
Begin by contacting your local emergency management office to understand what arrangements are in place to handle disasters, including warning systems, shelters and evacuation of those without their own transportation. Communities often ask individuals with disabilities to register with the local fire or police department in order to speed needed assistance to them.
According to research, there are specific steps you can take make sure that you enjoy a more rewarding post-career life.
Experiences of older Americans show that there are three main ways you may be able to have a more enjoyable retirement.
1. Spend more money on having fun.
- When researchers examined how retirees spend their money, that noticed that they were only spending money in one category such as cars or housing related items to food and insurance.
- Retirement satisfaction will come from activities such as dining out, travel, entertainment and hobbies. Being able to “social spend,” will take us outside of our comfort zone and keep us more engaged with the world. You don’t want to overdo it, but don’t be afraid to target activities that will give you the biggest happiness with out spending a fortune.
Topics: Business Law
All parents who are in search for child care are looking for someone who provides consistent, loving and quality care for their child. If you have a child with special needs, you may need to ask a few more and different questions to find a situation that meets your requirements. You will want to find a child-care provider who has experience working with children who are special needs. You will want to find a provider that is willing to work with you and meet the needs of your child. The number of special-needs children ages 3 to 5 who are helped under the Individuals with Disabilities Education Act has nearly doubled in the last two decades. If you are looking for special-needs child care, here are the best places to start your search.
Topics: special needs