Planning for the Future

Author

Wayforth - Texas

Posted on

Mar 14, 2023

Book/Edition

Florida - Orlando , Florida - Sarasota, Bradenton & Charlotte Counties , Florida - Southwest , New Jersey - Bergen and Passaic Counties , New Jersey - Morris & Somerset Counties , New Jersey - Ocean & Monmouth Counties , Pennsylvania - South Central PA , Texas - Dallas, Collin, SE Denton & Rockwall Counties

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Have you created an estate plan for yourself? Estate planning doesn’t have to be overwhelming, nerve-wracking or boring. It’s simply a method to outline your intentions for your assets and possessions if you are not able to take care of yourself or pass away. 

 

Why do you need an estate plan? It gives you control now over events in the future. It can involve everything from who receives your financial assets and who your possessions are given to. Distributing possessions is often one of the hardest and most emotional parts of a loved one’s passing. Having a complete inventory and clear direction makes things go much smoother for the remaining family members. 

 

Another word that you need to know as you step into estate planning is “probate.” This is the legal process that administers and divides your estate according to your plan or local laws. Probate is the step in the process when any outstanding debts are paid, and other disputes are settled. This is the time when paperwork with the courts or localities is done, and assets are distributed if necessary. 

 

How does WayForth fit in? Having a home inventory is helpful when all involved parties need to understand the value of the estate or decide what to keep and what to pass on or donate. WayForth will create a complete, detailed inventory for large and small estates and can also help with downsizing, coordinating donations, and clear-out and prep for sale services to help with your estate.  

 

For help with your next move, contact WayForth's moving professionals today. Call us at 817-697-4478 or go to our website to learn more! 

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Dementia and OCD Leads to Compulsive Shopping

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Dementia is more common in older adults, especially those over 65 years old, and it can cause cognitive decline, confusion, and personality changes.How OCD is linked to dementiaAccording to a recent study published in the Journal of Clinical Psychiatry , people with OCD are more likely to develop dementia than people without OCD. The study used data from a large insurance database in Taiwan and followed 1,347 people with OCD and 13,470 matched controls without OCD for an average of 11 years. The researchers found that:People with OCD had a higher risk of developing Alzheimers disease, vascular dementia, and unspecified dementia than people without OCD.People with OCD developed dementia about 6 years earlier than people without OCD (70.5 years versus 76.7 years).People with OCD had a higher rate of early-onset dementia (before age 65) than people without OCD (1.7% versus 0.1%).The exact reasons why OCD is associated with dementia are not clear, but some possible explanations are:OCD may share some genetic or environmental risk factors with dementia, such as the APOE gene or chronic inflammation.OCD may cause chronic stress or damage to the brain over time, which may increase the vulnerability to dementia.OCD may make it harder to detect or treat dementia symptoms, as some cognitive impairments or behavioral changes may be attributed to OCD rather than dementia.How OCD and dementia affect compulsive shoppingOne of the possible consequences of having both OCD and dementia is compulsive shopping, which is the uncontrollable urge to buy things that are not needed or wanted. Compulsive shopping can cause financial problems, family conflicts, and emotional distress for the person and their caregivers.Compulsive shopping can be triggered by different factors in people with OCD and dementia, such as:Obsessions: People with OCD may have obsessive thoughts about buying certain items or completing certain collections, which may drive them to shop compulsively.Compulsions: People with OCD may use shopping as a way to cope with their anxiety or to perform rituals related to their obsessions, such as buying multiples of the same item or checking prices repeatedly.Memory loss: People with dementia may forget what they have already bought or why they bought it, which may lead them to buy the same things again or buy things they dont need.Impulsivity: People with dementia may lose their ability to control their impulses or plan ahead, which may make them more prone to buy things on a whim or fall for marketing tricks.Boredom: People with dementia may feel bored or lonely due to their cognitive decline or social isolation, which may make them seek stimulation or comfort through shopping.Compulsive shopping can be especially problematic when it involves purchasing products from home shopping channels and other ads on TV. These sources of shopping may be more accessible, appealing, or persuasive for people with OCD and dementia, as they may:Provide constant exposure to new products and offers that may trigger obsessions or impulses.Use high-pressure tactics such as limited-time deals, scarcity cues, testimonials, or guarantees that may exploit cognitive biases or vulnerabilities.Offer easy payment methods such as credit cards, phone orders, or online transactions that may bypass rational decision-making or budgeting.Deliver products directly to the home without requiring transportation or social interaction that may deter or limit shopping.How teleCalm service can helpIf you have a loved one who suffers from both OCD and dementia and engages in compulsive shopping from home shopping channels and TV ads, you may feel frustrated, worried, or helpless. Fortunately, there is a service that can help you manage this issue: teleCalm.teleCalm is a phone service that is designed specifically for seniors with dementia and their caregivers. It works with any existing phone and phone number, and it offers several features that can prevent or reduce compulsive shopping, such as:Blocking unwanted outgoing calls to home shopping channels and TV adsBlocking ALL incoming calls from telemarketers, scammers, and any other numbers you choose.Allowing only trusted callers to reach your loved one, such as family, friends, doctors, or emergency services.Viewing your loved ones phone activity and alerting you of any suspicious or unusual calls, such as repeated calls to the same number or calls at odd hours.Providing you with a dashboard on an app where you can control and customize your loved ones phone settings, such as call blocking, call filtering, or call scheduling.By using teleCalm, you can protect your loved one from compulsive shopping and its negative consequences, while also preserving their dignity, independence, and connection. You can also reduce your own stress and worry, knowing that your loved one is safe and supported.If you are interested in learning more about teleCalm, please visit teleCalmProtects.com or call 1-888-701-0411.

Navigating the Extra Day: A Journey Through Leap Years

Navigating the Extra Day: A Journey Through Leap YearsLeap years, those quadrennial anomalies in our calendar, have intrigued and puzzled people for centuries. While the concept may seem simple, the implications of leap years are far-reaching, affecting the lives and experiences of individuals across generations.The Earth's orbit around the sun takes approximately 365.25 days. To account for this fractional day, our calendar includes an extra day, February 29th, every four years. This additional day is what we commonly refer to as a leap day.The leap year calendar, also known as the Gregorian calendar, is the most widely used calendar system in the world. It was introduced by Pope Gregory XIII in October 1582 to reform the Julian calendar and correct inaccuracies in the calculation of leap years.Under the Gregorian calendar, a leap year occurs every four years, except for years that are divisible by 100 but not by 400. This rule helps synchronize the calendar year with the solar year, making it a more accurate representation of the Earth's orbit around the sun. Imagine reaching the remarkable milestone of 100 years old. Those fortunate enough to celebrate a century of life would have experienced numerous leap years. By the time someone reaches the age of 100, they would have witnessed 25-26 leap years. If you were born on February 29, 1924, and you want to count the leap year in which you were born, then you would experience 26 leap years by February 29, 2024. This includes the leap year of your birth in 1924 and all subsequent leap years every four years, up to and including 2024. The baby boomer generation, born between 1946 and 1964, has experienced a varying number of leap years depending on their current age. As of 2024, the youngest baby boomers would be around 60 years old, having experienced 15-16 leap years. Those born in the mid-1940s would be in their late 70s, with 19-20 leap years under their belts. The number of leap years increases with age, contributing to the diversity of experiences within the baby boomer generation.For individuals aged 55 and above, leap years hold a unique significance. These extra days serve as reminders of the passage of time, providing an opportunity for reflection and celebration. Leap years often coincide with major life events, such as milestone birthdays or anniversaries. The occurrence of an extra day in the calendar can be seen as a symbolic bonus, a chance to appreciate the gift of time and the memories accumulated over the years. Leap years, with their irregular but predictable cadence, add a layer of complexity to our understanding of time. For centenarians, baby boomers, and those in the 55+ age group, these extra days contribute to the tapestry of memories and experiences that shape their lives. As we navigate the twists and turns of our temporal journey, let us embrace the quirkiness of leap years and appreciate the additional moments they provide for reflection, celebration, and gratitude. Happy Birthday to all the Leap Day Babies!

Expertise...When it matters the most!

Expertise, when it matters the most.The Value of Senior Housing Solutions Nicknamed The Matchmaker of Senior Housing, Senior Housing Solutions owner Bruce Rosenblatt has over 30 years of experience in senior housing and is considered the foremost expert on senior housing in our area.  He has overseen 75 senior living communities in 14 states including 3 in SWFL.  Our Background:In 2008, Bruce formed Senior Housing Solutions as a way to help people navigate through the uncharted waters of senior housing.    Bruce is knowledgeable, caring, and resourceful. He is a certified dementia care practitioner and sensitive to the complexities of the aging process.  He provides concierge-level services to his clients and stays current with the over 100 senior living options in our area as well as future trends in this industry.  As a long time SWFL resident, Bruce is active with the Parkinsons Association of SWFL. the Alzheimers Association and other senior-related organizations. Bruce is a frequent guest speaker at many local clubs and organizations and is a presenter with Florida Gulf Coast Universitys Academy for Learning for Life program. The Analysis:By staying current with all the senior communities in the area, Bruce looks beyond the fancy dcor and glossy brochures to evaluate communities on quality of care and services, financial viability, operational stability, resident satisfaction, staff turnover, management responsiveness, hurricane preparedness and overall lifestyle.  He has developed a proprietary matrix database with this critical information to assist people in making a sound and well-thought-out decision.    The Process:  Through an initial consultation, many times in the comfort of your own home, Bruce will discuss your needs, budget, health concerns, timing, and lifestyle preferences.  By listening to you, the Matchmaker is able to determine which senior living options best meet your parameters.  Our discussion includes an understanding of the types and costs of various places, wait list details, medical and financial qualifications, refund programs and demographics of each place.  We will schedule visits for you and if desired, will join you on your tours.  Bruce will help you understand the differences and assist you in narrowing down the choices.  If appropriate, he can assist with negotiating and provide a non-legal review of the residency agreement.  Since family involvement is important, Bruce can either meet with your family in-person or virtually to review all the options with them.  Should a move not be imminent, Bruce can help you develop your future plan and recommend home health care to provide a helping hand prior to the move.     Bruce has helped hundreds of people with this decision and fully understands many people arent ready to move but want a plan in place when they are ready. The Outcome:  Once the decision is made, Bruce can provide resources to help make your move so smoothly.  As a longtime resident of SWFL, Bruce has developed relationships with a wide range of specialists including downsizers, Realtors, home health, long term care insurance experts, financial advisors. attorneys and medical professionals.   Bruce will assist you every step of the way.  He will also follow up with you after you move to make sure all is going well and if necessary, speak to the administration on your behalf.  As a key referral source to these communities, having Bruce in your corner is invaluable.  For those considering a move outside of SWFL, Bruce has established a national network of like-minded advisors who can offer assistance in those specific markets. How are we paid:  Most of the time, Senior Housing Solutions services are 100% free to our clients since we are paid a referral fee from the community after you move in; however, if you have already done extensive research and are actively engaging with the senior communities or planning to move in 3 or more years, we do charge a consulting fee for our services. Please reach out to us for more details. For More Information:Please call 239-595-0207 or visit www.seniorhousingsolutions.netBruce Rosenblatt, CDPOwner, Senior Housing Expert The Matchmaker of Senior Housing