Tag Archives: costs

Things to Consider Before Signing a Contract for Assisted Living

When someone gets ready to move into an assisted living facility there will inevitably be a lot of paperwork involved.  Much of that paperwork is fairly straightforward and need not be a cause for concern.  However, amid the big stack of needed signatures, there is one document you must review carefully before signing.  That document is the admissions agreement.  An assisted living admissions agreement is really a contract.  And like all contracts, there are important provisions you need to understand fully.  In the October 2017 edition of Consumer Reports, Penelope Wang does an excellent job of listing the key provisions you need to understand when reviewing an admissions agreement.  See “Putting the Assisted Living Facility Contract Under a Microscope,” Penelope Wang, Consumer Reports, October 2017. Continue reading

The Best Way to Help a Grandchild with College

A college education — even at a highly rated private institution — was once regarded as a relatively affordable route to lifelong prosperity, but in recent years it has become a hobbling financial burden for many families. As a result, older generations are often stepping up to help their families with college funding. Continue reading

Protecting an Elderly Parent with Video Monitoring

Can you recommend some good home video monitoring devices that can help my sister and me keep an eye on our elderly mother? Over the holidays, we noticed that her health has slipped a bit, and would like to keep a closer eye on her. There are many great video monitoring cameras that can help families keep a watchful eye on an elderly parent from afar, but make sure it’s okay with your mom first. Many seniors find this type of “I’m watching you” technology to be an invasion of privacy, while others don’t mind and even welcome the idea. With that said, here are some top monitoring devices for keeping tabs on your mom. Continue reading

Medicare: Closing the “Donut Hole”

The government has made a commitment to close the “donut hole” gap in Medicare coverage by 2020, but many current beneficiaries still find themselves falling into this pricey crevasse. Continue reading

How to Find and Hire a Good Home Care Worker

What is the best way to find a good in-home caregiver for my elderly mother?

Finding a good in-home caregiver that’s dependable, likeable, trustworthy and affordable can be challenging to say the least. Here are some tips and resources that can help. Continue reading