Modern life moves at an exceptionally fast pace, one that our grandparents and great-grandparents could not have imagined in their day. Because of technology and its rapid advances, the youth of today have life challenges and opportunities that their grandparents never had, which should be taken into consideration when planning for the future. Young people […]
Author Archive | Phelan Webber Pettis P.S.
Walking the Best Path through the Alzheimer’s Journey
Alzheimer’s. The word evokes a myriad of emotions, from sadness, anger, and fear to love and a sense of nostalgia for those who have walked with a loved one through that difficult journey. In 2018, nearly six million Americans had Alzheimer’s disease. By 2050, that number could rise to 14 million. It is the sixth […]
Long-term Care Insurance: Buy Cautiously
Evelyn is 47 and recently divorced, with a son in high school. As she looks toward the future and her retirement, she is considering adding long-term care insurance to her portfolio, but she’s not sure if it’s a wise investment. She doesn’t want her son burdened with caring for her, but the premiums are much […]
The RAISE Family Caregivers Act
Sarah, age 51, is divorced and has a daughter in college. She also works full-time as an administrative assistant. About a year ago, she moved her 82-year-old widowed mother into her home. Sarah is the oldest of three sisters, but she is her mother’s primary caregiver, as her sisters live across the country. Her mother […]
The “Power of Three” When a Diagnosis Happens: Medical, Financial, Legal
When David was 66, he and his wife, Kristin, met with their elder law attorney to plan for the second half of their lives. Two years later, David was diagnosed with cancer. In the course of treatment, he had a stroke and needed to be moved to a nursing home. Kristin called their attorney and […]
