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Midway, PA (724) 796-3040 Erie, PA (814) 315-0123 Franklin, PA (814) 209-4699
gift tax

All You Need to Know About Gift Taxes

The gift tax is a tax on the transfer of assets, cash or property, to another without receiving something of equal value. The asset has to be of a certain value for the tax to apply; otherwise, it falls under…

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What This New Decade Means for Baby Boomers

The baby boom generation is comprised of those Americans born 1946-1964, and according to the US Census Bureau (Bureau of Census), their numbers are estimated to be 73 million strong. This number represents nearly 20 percent of the American public.…

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social security

The Rules of Social Security Disability Income

Anyone can become either temporarily or permanently disabled. Some projections are estimating that Americans in their 20s today have an approximate 30 percent chance of experiencing a disability profound enough to cause them to miss three or more months of…

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virtual care

The Rise of Virtual Care in Senior Living Markets

For care providers and aging seniors in the information age, the future is now.  While still with some challenges, adoption of virtual care as a standard in senior living and aging services has become a fully integrated and accepted practice…

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medicare

How Medicare is Modernizing

Many seniors who are financially stable and choosing to age in place already have a “smart” home employing the sorts of technology that can prolong their independent living circumstances. Family caregivers are freer to move about their daily lives knowing…

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alzheimer's

The Hidden Costs of Alzheimer’s Disease

When policymakers consider the costs of dementias like Alzheimer’s disease, they consider both direct and indirect costs. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month spent…

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covid-19

Senior Facilities Facing Workforce Shortage Due to COVID-19

Fears that provisions in a coronavirus-related relief action by the US government could have severely curtailed the workforce in senior assisted living, independent living, memory care, and continuing care retirement communities provide a cautionary tale. The bill, HR 6201, is…

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living will

Why Having a Living Will is a Crucial Planning Strategy

A living will lays out your preferences for life-sustaining medical treatment.  It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will…

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covid-19

The Impact of COVID-19 on Seniors

We are living in confusing and scary times. The senior population has been identified as the most at-risk demographic for COVID-19. Information coming out about COVID-19 is very fluid, which can also contribute to overall stress. Thankfully there are ways…

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