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SeniorMoney

Can Relatives Take Advantage of an Elderly Person Through Borrowing?

By Laurie R. Chane |

Money troubles can affect anyone, and when loved ones face financial difficulties, many feel compelled to help. However, this situation becomes particularly concerning when elderly individuals become the source of these funds. A recent survey by CreditCards.com revealed that 42 percent of people who lent money never received repayment, with Baby Boomers and Gen… Read More »

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Protecting the Elderly Against Scams

By Laurie R. Chane |

Last year, 79-year-old Leslie Fumega received a disturbing call. Someone claiming to be with local police and the FBI told her that her identity had been stolen. To protect herself, the supposed “FBI agent” instructed her to withdraw cash in amounts of $10,000 to $20,000 and mail it to a “secure location.” Over six… Read More »

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Protecting Your Loved One from Elder Abuse in Florida

By Laurie R. Chane |

When someone is placed in hospice care, they are often at their most vulnerable—physically, emotionally, and financially. A recent case in Tampa has once again revealed just how easily that trust can be violated. Deputies from the Hillsborough County Sheriff’s Office arrested a home health assistant who was supposed to help an elderly hospice… Read More »

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ElderlyParent

Steps to Take In Elder Financial Abuse Cases

By Laurie R. Chane |

Earlier this year, a Florida caregiver was arrested after draining thousands of dollars from the bank account of a 91-year-old woman under her supervision. The caregiver used forged checks and unauthorized withdrawals to support her lifestyle while the victim, completely unaware, continued living with complete trust. When the woman’s niece began reviewing bank statements,… Read More »

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The Importance of a Living Will for the Elderly

By Laurie R. Chane |

An AARP survey revealed that while over 80% of older adults recognize the significance of end-of-life planning, only 33% have actually created a living will. This disconnect leaves millions of American seniors without clear directives for their medical care when they might need them most. At The Law Office of Laurie R. Chane, we… Read More »

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What Ways Can You Effectively Manage a Loved One’s Finances?

By Laurie R. Chane |

More than 38 million Americans provide care for loved ones, with financial management being one of the most critical responsibilities. Taking over someone else’s finances can happen gradually as you notice unopened bills piling up or suddenly after a medical emergency. At The Law Office of Laurie R. Chane, we see Dade City families… Read More »

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How Does Trust Litigation Happen?

By Laurie R. Chane |

If you have established a trust, you have already substantially reduced the chances that disputes will arise over your property after you die and that, if disputes arise, they will cause the intended beneficiaries to lose money.  Since they are non-probate assets, trusts can operate outside of court, unlike the process of administering a… Read More »

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Five Wishes for End-of-Life Care

By Laurie R. Chane |

In civil lawsuits, courts can only award money; they cannot truly heal people’s physical and emotional pain.  When probate cases go wrong, family members can become estranged.  They might voice their grievances in financial terms, but often the problem is not really about money.  How much money you have is largely beyond your control,… Read More »

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How Dangerous Is Family Caregiver Burnout?

By Laurie R. Chane |

Money does not buy happiness, but it does enable you to pay others to do tasks that, if you had to do them all by yourself, would be physically and emotionally exhausting.  People who choose to age in place and rely on their family to take care of them have an idealized view of… Read More »

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AgingInPlace

Understanding the Four Parts of Medicare

By Laurie R. Chane |

Even if you are determined to think of retirement as all play and no work, to offset your decades of all work and no play, the fact remains that there are still bills to pay, even after you retire.  Unfortunately, the social safety net for seniors is not enough to keep up with the… Read More »

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