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    Q Life Settlements Archive

    Journal

June 7, 2021

How Should I Prepare for the Unexpected?

It’s an unfortunate situation that we face from time-to-time, something unexpectedly happens that has a negative impact on your life.  How should one prepare for handling these difficult and unexpected (but inevitable) situations?   What tools should we have in our “toolbox” to help us handle these “curves in the road” that come up from time to time?  As we develop these skills and make ourselves prepared for the events, we can, at least, handle these situations with more confidence.

April 27, 2021

Stages of Long-Term Care

Many seniors will need short- or long-term care at some point in their lives. Seniors have many different options available for senior living and/or long-term care. There are also many different ways to qualify and pay for these care options. While these choices and options can seem overwhelming, seniors will be able to analyze their situation and take their preferences into account to find the best care alternative. Below, we review the five stages of long-term care to help guide the choices available.

April 5, 2021

Estate Planning – 10 Tasks You Should Accomplish

Estate planning is a complex task that many people put off until it’s too late. There’s a good reason for this: it can be an emotional and arduous process to make decisions protecting your loved ones, personal values, financial assets, and more. But if you want to give yourself peace of mind, or ensure the care of someone you love after your death, it’s time that you face this challenge head-on.

March 12, 2021

When Will You Get the Next Coronavirus Relief Package Stimulus Check?

The House and Senate have now passed the latest Covid relief bill, and President Biden signed the bill into law on March 11, 2021. The new law includes stimulus checks to individuals, provides for extended unemployment benefits, child support payments, and many additional provisions including payments to cities, states, and tribes, and to certain large businesses and many small businesses. Additional funds are provided for school reopening costs, expanded tax credits, and food aid. A search for “Corona Virus Relief” or “Covid Relief” will provide a large number of articles with many more details on the bill and the expected impact of the new law.

March 3, 2021

Are you having trouble getting the COVID-19 vaccine?

The first hurdle is qualifying to get the vaccine. Different states have different rules and even within a state, there may be different rules for different counties. You could try a search for “COVID vaccine eligibility” and add your state to the search term.  Once you determine that you are eligible for the vaccine, finding a place where you can get the COVID-19 vaccine can be difficult.

February 5, 2021

Retirement – How much do you need to save?

Retirement experts have offered various rules of thumb about how much you need to save: somewhere near $1 million, 80% to 90% of your annual pre-retirement income, 12 times your pre-retirement salary. But what is right for you? And how do you know you are on track? 

January 22, 2021

Healthy Brain – Healthy Retirement

Most older Americans think about, if not worry about, their mental health. Too many have seen those negatively impacted by loss of mental acuity. Sanjay Gupta, a neurosurgeon who is CNN’s chief medical correspondent, made these suggestions for the best possible mental health in a recent article published on the AARP website.

December 29, 2020

Hospice Care – Do you know enough about it?

Hospice care focuses on the best possible quality of life for a person facing a life-ending illness, while also providing assistance to that person’s caregivers. Hospice is designed to provide the highest level of comfort to the patient.

December 3, 2020

Are you prepared for the one thing you absolutely don’t want to see this holiday season?

The holidays and their aftermath are the busiest time of year for long-term care admissions for homecare, assisted living and nursing homes. Between Thanksgiving and Christmas, families get together and many are seeing Mom and/or Dad for the first time in months. Some will discover that their parent’s health has declined and he or she should not be left to live on their own any longer.

November 16, 2020

What Will Happen to Health Care in the Next Four Years?

If you currently use Medicare or Medicaid, there is likely to be no significant change. Both major Parties have focused more on health care for those not in those programs, however, in general, the Republican party favors reducing the costs of Medicare and the Democratic Party favors maintaining or improving the programs.