Planning For Your Future (Part 5): Pooled Supplemental Needs Trusts (1st & 3rd parties) and/or ABLE Accounts
This article concludes our series on Planning for your Future. Like Part 4, discussing Supplemental Needs Trusts, “SNT”, this section is ONLY necessary if you are planning for yourself and/or any other Beneficiary that may require a needs-based public benefit, such as Supplemental Security Income...
Planning For Your Future (Part 4): Supplemental Needs Trust
“Who are you planning for?” This was our question in “Planning for your future (Part 1) ” (April 2025 Boom Magazine). Part of that consideration is whether any of your beneficiaries are now or may be in the future receiving benefits from a needs-based public benefit...
Planning For Your Future (Part 3): Transferring Assets at Death Through a Will
“Planning For Your Future (Part 2)” (June 2025 BOOM Magazine) focused on assets transferring automatically and transferring your assets through a revocable living trust. Assets pass outside your will if you have beneficiaries or joint owners listed on assets such as financial accounts and insurance...
Managing Medications for Aging Adults
It is not uncommon for aging adults to accumulate too many prescription medications that are to be taken daily for various medical conditions. When all the prescribed medications are not needed, it is termed “ Polypharmacy.” Polypharmacy is a growing concern in older adults. This...
What To Do When Moving Into a Facility
In our last article, we discussed how to choose a facility. This article focuses on how to prepare for a move into a facility and how, once moved, to acclimate to a facility. Focusing on these topics may make the transition smoother for the resident...