Elder Law and Your Parent’s Finances

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  • Posted on Feb. 24th, 2009

How do elder law regulations affect helping your parents with their finances? A power of attorney (POA) for finance allows your parent to appoint a trusted person as his agent to make financial decisions.  Financial POAs are often created as part of an estate planning package by an elder law attorney.  If your parent has [...]

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Deducting Care Of The Elderly

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  • Posted on Feb. 21st, 2009

As a society, we are growing older. This means many more people must care for the elderly in their family. Fortunately, some of the expense associated with the care is deductible. If you have taken charge of any elderly member of your family or friends, you may be eligible for tax deductions. Care of the [...]

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Can Your Parents Afford Senior Services?

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  • Posted on Feb. 18th, 2009

Senior services, like assisted living or home care take money, caring for parents means having the “Money” talk.  Has your parent stopped participating in favorite activities, eats out less or travels less? Is there deferred maintenance on her home or car or unpaid bills around the house?  These are warnings of possible financial issues. Asking [...]

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Welcome to the EldercareABC Blog

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  • Posted on Jan. 12th, 2009

EldercareABC began as an idea based on empathy and community. Stephen and Sandy Joyce had cared for both of their parents. When they were gone, what remained was the memory of how challenging their caregiving experiences had been.

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