By the time you reach 65, chances are about 50-50 that you’ll require paid long-term care someday. For women it can be up to 70%. If you pay out of pocket, you’ll spend over $140,000 on average. Yet you probably haven’t planned for that financial risk. LTC insurance, which covers many of the costs of…
The journey of caring for aging parents or grandparents often unfolds as an uncharted territory filled with love, sacrifice, and life lessons that leave a profound impact on family caregivers. The number of adult children caring for their elderly loved ones is rising significantly, mirroring the aging population trend. This experience, although challenging, imparts invaluable…
House sales aren’t the only inheritance-related issue families fight about. “I often work with properties where siblings are selling the family home after a death of a parent—and over the course of my career, I have seen a variety of squabbles,” says Nikki Beauchamp, associate broker at Sotheby’s International Realty in Manhattan. “Some of the largest issues come from…