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The Seven Stages of Alzheimer’s

By: Melissa Barnickel, CPA, CLTC

Baygroup Insurance LLC

Alzheimer’s disease is a type of dementia that is characterized by problems with memory, behavior, and thinking. Symptoms usually appear slowly and worsen with time, eventually interfering with everyday tasks. Alzheimer’s makes up 60-80% of dementia cases, but it is important to remember that not all

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5 common financial struggles faced by people over 60

Person managing bills

Person reviewing papers and money

Life after age 60 can revolve around retirement – but that’s not the only financial struggle that’s likely to come up. Many older consumers also have problems navigating debt payments, understanding their loans and recovering from financial scams, among other issues, according to a new report from the Consumer

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When Aging Parents Need Help With Financial Tasks

Daily Money Manager helping older couple with finances

Aging parents need help from daily money manager with bill paying, budgets and even ward off fraud. But trust is essential.

Having someone ensure bills are paid on time ‘is a different level of access and services than someone who has signature authority for accounts,’ says the AARP’s Emily Allen. PHOTO: ISTOCKPHOTO/GETTY IMAGES

Aging parents

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Home Renovations for Aging in Place

Home Renovations Age Place

Home renovations may be needed by many seniors have lived in their homes for decades to safely age in place. They’re comfortable, used to their surroundings and prefer to stay in an area with which they’re familiar. For example, one of the most dangerous rooms in the house for seniors is the bathroom. If the

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Financial Goals for the New Year and Tax Prep Tips

Financial - AADMM

The beginning of the year is a great time to review your financial goals and get your documents organized for tax return preparation. Here are some tips.

Financial Goals

Revisit your budget or create a new one. Year-end is an ideal time to assess spending and determine if a budget adjustment will help you

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Tips From Caregivers

With so many people bearing the emotional and financial brunt of being a caregiver, we looked for the best tips to help ease the day-in-day-out stress that comes with such an important role.

 

According to the study completed by the National Alliance for Caregiving and the American Association for Retired Persons (AARP) titled,

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The Realities of Long Term Care

Long term care services include help with everyday tasks such as bathing, eating, dressing, using the bathroom, etc. According to a new study by LifePlans, Inc. on behalf of America’s Health Insurance Plans, 50% of Americans will need some type of long term care during their lifetime. About 30% of those care recipients will need

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Upcoming Continuing Education Classes at Harford Community College

Continuing education classes on various financial planning topics will be available this upcoming Spring at Harford Community College. The list of classes with dates and times can be found below:

Life Planning Resources-

Come visit our panel of professionals to help plan ahead for a loved one in crisis or for your senior years so

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Ten Tips To Avoid Financial Fraud

Written by: Pamela Johnson, CLTC, CSA, DMM Owner of Legacy Protection Planning in DC

Sign up for the national “Do not call” registry. Call 888-382-1222 from the phone number you want to register. Don’t reply to messages or click on links asking to verify personal or financial information. Do not send money to someone you

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Do You Know the Difference Between Medicaid and Medicare?

Medicare and Medicaid

There has always been a certain level of confusion surrounding medical benefits as it relates to Medicaid versus Medicare. Muddling through a tricky web of regulations, inter-agency programs, and paperwork is enough to drive a person crazy, which is why we’re setting out to clearly explain two of the most commonly confused programs for

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