Archives for Financial and Legal

Virtually everyone has heard of the term power of attorney or POA before. Even so, a lot of individuals don’t fully understand what the term means. Usually, understanding of POA comes into focus after a family member needs additional help due to what could be a variety of personal limitations. Power of attorney is written permission that allows one individual to help another who can no longer take care of crucial issues of life on their own. In understanding the relationship that results from a power of attorney there is a name given to both the person receiving help and
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If you’re a family caregiver, you’re performing a labor of love. Often at great cost to your own health, finances or career you provide this service. But not knowing your rights makes a challenging job 10 times harder. By getting informed you’re better able to care for the one you love and yourself. Let’s discuss some of these rights. Do you qualify for FMLA? FMLA (Family Medical Leave Act) protects caregivers in the workplace. For those who qualify and work within a company that employs 50+ people, it allows up to 12 weeks of unpaid scheduled or unscheduled time to
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If you have a loved one who needs assisted living and you find yourself having to pay for it, there is a good chance that you were not anticipating that this was going to happen. Many people believe that this will be covered by government subsidies in the case that someone needs assisted living. However, this is typically not the case. The cost of assisted living facilities can vary greatly depending on the different types of places and different amenities that are provided to residents at these places. Base rates for these facilities typically cover room and board, as well
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Watching a loved one slowly succumb to dementia is hard enough without having to worry about logistics and financial and legal issues. As you and your loved one are faced with a diagnosis of dementia, you may feel the need for a power of attorney. As loved ones becomes more consumed by the disease, it’s important to make sure their wishes are carried out if and when they can no longer make important decisions for themselves. Getting a power of attorney is an important step toward making sure their wishes are carried out. What is a Power of Attorney? A
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