Tag Archives: live

5 Ways Seniors Can Leave a Legacy for Their Grandchildren

You have a wealth of knowledge, stories, skills, and an important history that you want to make sure you pass down to your children and your grandchildren. Gathering together all the details of your life for future generations can seem daunting, but it doesn’t have to be difficult. Here are some easy ways you can make sure you leave a legacy. Continue reading

Volunteering Offers Benefits & Opportunities for Seniors

Volunteering is a great way for seniors who are physically and mentally able to support their communities and give back. Many local organizations are always looking for volunteers. Let’s take a look at why and how seniors volunteer. Continue reading

5 Reasons Why Seniors Should Socialize

5 Reasons Why Seniors Should Socialize

As humans, we all have a natural need to feel and be connected to each other. We have an entire field of people—sociologists—who study societies, human relationships, and social behavior. Socialization is an extremely important part of life for every age group, especially seniors. As we grow older, our peer groups shrink in size because of life changes, like moves and deaths, and it becomes even more important for us to stay connected with people who share the same interests as us and who are in the same life stages as we are. Here are some reasons why seniors should socialize. Continue reading

Balancing A Career and Caregiving, You Can’t Go It Alone

Hollywood can be a great platform to provide mass exposure to many of the issues and challenges that plague society. It’s like the cliché, “art imitates life.” For example, the film Still Alice portrays some of the challenges families endure when one family member suffers from the Alzheimer’s disease. The success of the film, and the awards won by its leading lady, Julianne Moore, have brought awareness of these trials to the forefront of society. However, when the lights of the theatre dissipate and the box office numbers dwindle, the real-life caregivers and their challenges with their Alzheimer’s patients continue. Continue reading

Domicile – Where You Live Affects Your Taxes

A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada. With a $2.5 billion estate, there were substantial federal and state taxes. While the estate proceedings were held in Nevada, both California and Texas sued to collect state estate tax. The Nevada Court eventually determined that the domicile or personal residence of the businessman was in Nevada. While this was an unusual case with a very large asset value, there are several reasons why you should understand the basic rules of domicile. Where you live can affect both the distribution of your estate assets and your estate taxes. Continue reading