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There's No Law Against Making Stupid Decisions

Howard, 92, loves women.  He has dementia and is legally blind.  He likes to give women checks when they tell him their sob stories about needing money.  He has one daughter, Missy, who is aghast at his conduct. After her mother died, Missy felt obligated to try to keep Dad from…
Mikol Davis
March 18, 2013
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5 Things You Need To Do After A Holiday Visit With Aging Parents

Sometimes, there's just no substitute for a face to face visit.  Adult children may be getting a wake-up call this season when  you visit aging parents.  Little things you can't learn in a phone call can come to light. Their health may be a concern because you see visible changes…
Mikol Davis
November 26, 2012
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3 Critical Things Left Out Of The Health Care Reform Debate

The political battle on health care reform rages on. But the debate totally misses some important features of the Affordable Care Act that directly affect elders. Maybe people who oppose the Supreme Court decision don't want to look as if they are against elders so they avoid discussing a number…
Mikol Davis
July 5, 2012
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Are You on the Hook for Mom's Nursing-Home Bill?

Are You on the Hook for Mom's Nursing-Home Bill? •    By KELLY GREENE, Wall Street Journal Thought you were immune from your parents' debts? Not so fast. Twenty-nine states have "filial support" laws that could be used to go after patients' adult children for unpaid long-term-care bills. In at least…
Mikol Davis
June 25, 2012
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New Fraud Alert for Your Aging Parents

Carolyn and Mikol here. We just got in an alert from the The National Legal Resource Center (NLRC) and we wanted to share it with you. Can you believe this?   Professional criminals are now targeting people with diabetes to scam them for personal information. Here's how it works.  Someone pretending…
Mikol Davis
March 21, 2012
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A Sure-Fire Strategy To Calm Family Conflicts

We’ve all experienced them. Family conflicts can be some of the most emotionally painful of all. The struggles we have with aging parents are coming up for more of us Boomers because we are getting older. Our parents are living longer and longer. Research shows us that most Boomers still…
Mikol Davis
November 5, 2011
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Beware of This Financial Advice About Aging Parents

Have you ever heard this? “Your dad paid taxes all his life. Let the government take care of him.  He should get rid of his assets so he’ll qualify”.
This may be considered “good” advice by some financial planners.  Here’s why I usually consider it terrible advice. What the financial advisor…
Mikol Davis
November 5, 2011