According to the book, Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values, “60 percent of transition failures were caused by a breakdown of communication and trust within the family unit.” With the aging demographic of baby boomers, the high cost of living in Hawai‘i and the increase in multigenerational homes, the potential influx in trust litigation is foreseeable.
In the dozen-plus years I have specialized in prosecuting elder financial fraud cases at the Prosecutor’s Office, it has become pretty easy for me to spot and disassemble how the majority of scams work. Like how a master chef can taste a dish and tell you the ingredients he tastes, I can smell a “business opportunity” or a get rich quick scheme and identify the individual parts of it that will reveal it to be an actual scam.
Making gifts to your loved ones during your lifetime will enable you to see how your beneficiaries handle newfound wealth. This could be a great way to “test drive” your estate plan and determine how well it works while you are still able to make adjustments. If one beneficiary turns out to be a poor steward of your wealth, you can always direct assets to other beneficiaries upon your death.
The COVID-19 pandemic reminded Americans how fragile life is. Applications for life insurance policies in the United States increased 4 percent in 2020, according to the MIB Life Index. If you’re thinking about purchasing life insurance coverage, here’s some basic information to help you make an informed decision.
Turning 65? Congratulations! You are now eligible for Medicare! But what do you do next? Firstly, it’s important to know that your Initial Enrollment Period or IEP begins three months before you turn 65 and ends three months after your 65th birthday. Secondly, you aren’t required to sign up for Medicare.
The Social Security Administration’s Advance Designation program allows you to pre-select a trusted individual if a time comes when you need a representative payee to help manage your money. Advance Designation enables you to identify up to three people, in priority order, who you would like to serve as your potential representative payee.
The Benefits Enrollment Center program helps low-income kūpuna 65-plus and disabled Medicare beneficiaries to access food benefits. At the onset of the COVID-19 pandemic, kūpuna were encouraged to stay home and self-isolate. Dining in restaurants or grocery shopping became difficult for all of us, but particularly for seniors who were most vulnerable.
Assistive Technology Resource Centers of Hawai‘i (ATRC) is a nonprofit resource center that provides information about assistive technology (AT) to persons with disabilities, as well as their family members, employers and educators. Its mission is to link people with AT and empower individuals through its use.
When the time comes for Mom and Dad to move or downsize for safety reasons, they may find it difficult to decide what to do with what they consider to be their precious heirlooms. Designating items to friends, family or charities in a will or trust will ensure their destination, while passing on these items before the inevitable occurs can give both the giver and the receiver tangible pleasure in the here and now.
Every year, an increasing number of seniors are needing 24/7 care, whether it is due to a fall, heart condition or old age. Some have prepared for this, determining in advance who will be their power of attorney and who will care for them at home. Others may have already decided to go to a care home or nursing home when they can no longer care for themselves.
Our kūpuna need our attention now more than ever. The pandemic hinders not only casual gatherings but also activities that contribute to the happiness of our elderly. This is especially hard for them, since they eagerly look forward to family time, when they get to truly enjoy our undivided attention and company.
Take inventory of your situation before you begin looking into senior retirement communities. You can start by determining your timeline and reviewing the information in this article. You will then be ready to call the senior community sales department and ask the right questions.
Many experts believe that art therapy can help individuals with dementia express themselves — beyond words and language. “In nurturing, calm, supportive settings, they sometimes have moments of clarity and express things that shock us all,” says Ruth Drew, director of family and information services for the Alzheimer’s Association.
The unexpected can occur at any time, no matter how prepared we think we are. A crisis will bring families together in an instant. If you are distanced from the area, there are ways to manage the situation. Working as ‘ohana with strong communication will help coordinate what is needed. Recently, I experienced a crisis when my mother fell and broke the head of her femur — otherwise known as a hip fracture.
Navian Hawaii’s comprehensive, interdisciplinary program of care is designed to provide patient-centered care for every life journey, offering relief from suffering, support for the entire family, and hope, compassion and love.
Arthritis can be a painful condition that comes with aging. Those who have rheumatoid arthritis may have an even harder time staying on top of their oral hygiene routine due to inflammation in the joints and knuckles. Simple movements such as holding a toothbrush and floss may make it difficult to clean teeth and gums in various areas of the mouth.
Do you often experience pain, numbness or tingling in your feet? Have you noticed that your balance has been affected over the past few years? Are you diabetic or prediabetic? You may be experiencing peripheral neuropathy.
On July 26, 1941, President Franklin Roosevelt called upon all organized military forces of the Philippines into the service under the US Army Forces in the Far East. When Pearl Harbor and Manila were attacked on Dec. 7, 1941, these soldiers were brought into direct combat as the US officially entered World War II. During the Japanese invasion of the Philippines, US and Filipino soldiers fought together in many battles across the Philippine islands, including the battles in Bataan, Corrigedor, Luzon and Leyte.
“I don’t remember how to ride a bike!” “I’m too scared to ride in Honolulu traffic!” “I don’t have a bicycle.” These are some of the reasons Hawai‘i seniors give for not riding a bike. The Hawaii Bicycling League (HBL) is here to help with the first two excuses. Honolulu-based HBL has recreational and educational programs for all ages. HBL’s Senior Cycling Program is back in action after a pandemic break.
Hanakago, woven flower baskets used for ikebana, is the theme of this year’s Splendors of Ikebana, hosted by Ikebana International Honolulu Chapter 56 on Oct. 15 and 16. This popular event will be held at the Ala Moana Hotel Ilima Room.
Annette Kam’s free eBook is “a complete guide to all thing no one really wants to think about (but everyone needs to know!).” The guidebook was written last year, after the author endured a heart-wrenching ordeal. WAIT — Don’t Die Yet! is a step-by-step guide for adult children and spouses who are either preparing for their own death or someone else’s.
Dad passed away many years ago. Mom is 79 and very active. She golfs, plays mahjong, exercises and, of course, plays with her grandkids. Although we’re grateful Mom is healthy, we’re also concerned because she now lives all alone in the large house we grew up in.
It is always difficult and painful to loose a loved one, even as memories of them remain in our heart to comfort us. I’d like to share a few tried-and-true coping skills to help deal with a loss.
Social media is a great way for all of us to keep in touch with family and friends, and our kūpuna are no exception. The use of social media among senior citizens has been a growing trend. However, social media presents some extra risks for older people.
As we begin to put the harshest effects of COVID behind us, large numbers of us are developing ways to live and work that create positive outcomes from negative change. The emerging opportunities featured in this post are associated with fast-growing careers throughout Hawai‘i.
The Hawaii Pacific Gerontological Society (HPGS) will present its biennial conference, Foresight 2021 and Beyond, on Sept. 15 and 16.
Starting this October, you’ll have to dial “808” with all phone numbers you call in Hawai‘i. It seems easy, right? But the change could lead to complications. Starting Oct. 24, 2021, all calls — including those on the same island — must be dialed using 10 digits or the call will not go through.
OurKupuna.com is a Hawai‘i-based nonprofit that started in March 2020 in response to the global pandemic and its impact on the state’s seniors. In the face of this adversity, the group envisioned a Hawai‘i where all kūpuna have food security and access to essentials. Through grants and donations, the organization has made great strides in helping Hawai‘i’s aging population.
Every May during National Older Americans Month, Hawai‘i’s four county Area Agencies on Aging recognize seniors from each county for their volunteer accomplishments. This year’s national theme was Communities of Strength. Each county received nominations from the public for Outstanding Older Americans. A man and a woman were chosen from each county.
Facing one’s mortality is like staring into the sun — we don’t want to do either for very long. There is no cure for mortality, but we can do the next best thing by providing peace of mind in a stressful time. Estate planning provides that peace of mind to those with the foresight to create this important document. They know they can rest in peace when they die, because their loved ones are going to be provided for and their path into their future will be smoother.
Family plays a key role in the well-being of a loved one diagnosed with diabetes or prediabetes. While such a diagnosis might seem overwhelming, it is the small things we do daily that determine how the condition will progress. Family members can help and encourage their loved one by becoming part of their healthcare team.