When it comes time to give someone power of attorney, it’s vital to pick someone you trust implicitly. This person (or people) will have the “power” to make legal and financial decisions on your behalf if you can’t make them yourself, so you need to make sure they’re up for the task.
$322,000: The average lifetime cost of care for dementia. Far from a financial setback, the disease takes a devastating toll on caregivers – more than 15 million Americans who provide unpaid care for their loved ones. Is there anything we can do to better prepare for the unexpected?
Naming a power of attorney is the responsible thing to do, if only to make sure your financial and legal issues are tended to if something were to happen to you. But what type do you need, and what does it mean if you opt for a durable POA?
Did you know you could do something today to limit your risk for dementia tomorrow? Alzheimer’s disease alone currently affects more than 5 million Americans. But many cases of Alzheimer’s and other dementias could be prevented with lifestyle changes. Here are seven ideas for strengthening your cognition.
You can grant power of attorney (POA) to someone you want to have the legal right to handle all your legal and financial matters if you’re unable to do it yourself due to health, mental, or other reasons. This includes paying bills, managing bank accounts, overseeing investments, and preparing and filing your tax returns.
Digital estate planning is the process of organizing your digital property and assets − this includes devices, online accounts, services, and passwords − and making arrangements for what should happen to that property after you’ve shuffled off this mortal coil.
When your doctor asks if you have any questions, does your mind go completely blank? When it comes to preventing the No. 1 killer in the U.S., these seven topics are great starting points for beginning this important conversation.
Alzheimer’s disease affects more than 5 million Americans and kills more people than breast cancer and prostate cancer combined. Fortunately, scientists believe preventing Alzheimer’s is possible by controlling your risk factors through these dietary and lifestyle habits.
One in three U.S. adults has high blood pressure, which leads to higher healthcare costs and more risk for cardiovascular disease. Here’s how maintaining a lower blood pressure can save you money and help you stay healthy.
The tragedy of Alzheimer’s and other dementias goes beyond your health. It affects your wealth. In this heartbreaking video, you’ll meet a woman who developed early-onset dementia and suffered terrible financial consequences when she was unable to continue her career.
Enrolling in life insurance at work can be a smart move. It’s usually convenient and affordable. But as Beyoncé, Justin Timberlake, and many other great solo artists can attest, going beyond the group has its advantages.