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Virginia Beach, VA (Law Firm Newswire) March 16, 2015 – As seniors age and develop health problems, changes to living spaces and new strategies for performing day-to-day tasks can facilitate aging in place. A project called Community Aging in Place, Advancing Better Living for Elders (CAPABLE) sought to prove the effectiveness of these strategies in keeping seniors at home. “Often, small changes to seniors’ current living situations can allow them to stay at home for months or years longer, even if they are facing a new health problem,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law […]


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Virginia Beach, VA (Law Firm Newswire) March 9, 2015 – Women face a unique set of issues when preparing to retire, and their differences should be taken into account during retirement planning. “Women typically live longer than men, but they tend to have less money to work with in retirement,” said Andrew H. Hook, a Virginia estate planning attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. “However, there are some steps that women can take to help ensure that their resources last through their retirement.” On average, a woman earns 77 cents on every […]


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Virginia Beach, VA (Law Firm Newswire) March 3, 2015 – People who care for their aging parents or other relatives from a distance must overcome additional obstacles that require careful planning. “Caregiving can take many forms, and children who act as caregivers from another city or state often face high expenses and difficulty knowing when to intervene, on top of the usual burdens of caregiving,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center. Increasingly, children who live hours away from their parents take on the responsibility of making health care and housing decisions for their […]


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Virginia Beach, VA (Law Firm Newswire) February 26, 2015 – When a parent becomes incapacitated and is no longer able to manage his or her own finances, a child or other caregiver needs to step in to pay bills and manage money and costs. Taking over a parent’s finances can be difficult, especially in the midst of the other challenges that families face during a loved one’s illness. “If you are taking over your parent’s finances, a systematic, structured approach to gathering information is a great starting point,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law […]


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Virginia Beach, VA (Law Firm Newswire) February 19, 2015 – Whether at a slow or a fast rate, Alzheimer’s disease inevitably progresses, and patients lose their functional capacity. As this process occurs, caregivers are faced with a number of difficult decisions. “Alzheimer’s caregivers are faced with ensuring care for their loved one while also preserving his or her independence and quality of life as much as possible,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, with offices in Virginia Beach and northern Suffolk. One choice that often comes up relatively early is whether or not […]


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Virginia Beach, VA (Law Firm Newswire) February 12, 2015 – According to Andrew H. Hook, a Virginia estate planning attorney with Hook Law Center, having estate planning documents in place can help prevent problems from occurring as a person ages and after they pass away. “The goal of estate planning is to make sure that your wishes are followed if you become incapacitated or after your death,” said Hook. “A will, trust, power of attorney and advance health care directive are all important to have in place.” Hook said that a will is perhaps the most essential estate planning document. […]


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Virginia Beach, VA (Law Firm Newswire) February 3, 2015 – As medical technology advances, people with serious illnesses or advancing age are faced with a wide range of challenging decisions. Should mechanical ventilation be used to keep the patient breathing? Should a feeding tube be used to maintain nutrition? When should life-sustaining treatments be withdrawn? How aggressive should treatment attempts be? “With more than six million Americans living with chronic illness, and the number set to grow in coming years, palliative care plays an ever increasing role in maintaining the quality of life of people with chronic diseases, particularly older […]


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Virginia Beach, VA (Law Firm Newswire) January 26, 2015 – ]With a baby on the way, new parents should prioritize making a basic estate plan. An estate plan is one of the most important building blocks for a growing family. “In the midst of all the other changes associated with becoming a new parent, an estate plan is essential to protect your children in case anything should happen to you,” said Andrew H. Hook, a Virginia estate planning attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. An estate plan can ensure that children will […]


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Virginia Beach, VA (Law Firm Newswire) January 23, 2015 – Permanent life insurance policies can be used not just to guarantee income for one’s heirs in the case of untimely death, but to fund retirement. Policyholders can withdraw from the policy’s cash reserve in certain circumstances. “Using life insurance to fund retirement is not for everyone, but it can be a valuable strategy for people who have maxed out other retirement accounts and who can afford a policy,” said Andrew Hook, a Virginia elder law attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. Life […]


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Virginia Beach, VA (Law Firm Newswire) January 16, 2015 – It is often necessary for individuals to cut down on their expenses once they retire. Planning to reduce or cut out certain expenses can be an important part of a retirement plan, improving a person’s financial security without requiring them to cut out vital resources. “Many times, expenses that were reasonable while one was working do not make sense after retirement,” said Andrew H. Hook, a Virginia estate planning attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. Many people can save on transportation and […]


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Virginia Beach, VA (Law Firm Newswire) January 9, 2015 – As parents age, a wide range of challenging subjects arise, including the need to care for a parent with ailing health. The difficulty associated with these subjects and the changing nature of the relationship between older parents and their adult children can make communication a challenge. Learning how to talk to older loved ones about difficult subjects can help ensure that important issues are addressed and conflict is minimized. “How families approach these challenging subjects plays a big role in whether or not a resolution is found,” said Andrew H. […]


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Virginia Beach, VA (Law Firm Newswire) January 2, 2015 – Emotions can play a substantial role in making decisions about long-term care. Planning after seeing a loved one decline in health may drive some people to seek long-term care insurance, but they should also consider their finances rationally. “Planning for long-term care means accepting that your health may decline to the point that you can no longer care for yourself,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center. Often, people avoid thinking about long-term care because they would like to believe that they will never […]


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Virginia Beach, VA (Law Firm Newswire) December 29, 2014 – Assisted living facilities are designed to provide residents with help with daily activities while allowing them to retain their independence as much as possible. As a person considers moving to an assisted living facility, he or she should thoroughly research the options in order to choose a facility that best meets all needs. “One of the most important things to consider is what kind of assistance you will need. Cooking, using the restroom, bathing, dressing, and managing medications are common areas of assistance,” said Andrew Hook, a Virginia elder law […]


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Virginia Beach, VA (Law Firm Newswire) December 23, 2014 – As individuals age and live with chronic illnesses, their medical and personal care needs can become complex. Geriatric care management services help older adults and their loved ones coordinate all aspects of care. “Geriatric care managers have extensive knowledge of elder issues and the resources in the community. They can help seniors and their loved ones find and access needed services,” said Andrew Hook, a Virginia elder law attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. Broadly speaking, a Geriatric Care Manager’s (GCM) role […]


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Virginia Beach, VA (Law Firm Newswire) December 15, 2014 – When a person becomes incapacitated and is no longer able to make medical, financial or legal decisions, it becomes necessary for another person to step in and make decisions on his or her behalf. Power of attorney and guardianship are two vehicles by which this may occur. A power of attorney is a legal document which a person uses to designate someone to act on his or her behalf if he or she is incapacitated. A power of attorney can be general, granting the agent power over all of the […]


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Virginia Beach, VA (Law Firm Newswire) November 20, 2014 – A study by Fidelity Investments found that 57 percent of retirees wish they had done more retirement planning before leaving the workplace. As retirement approaches, a checklist to be completed at key stages can help ensure that the process is as smooth as possible. “Retirement represents an immense change to a person’s lifestyle and financial situation,” said Andrew Hook, a Virginia elder law attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. “Having an actionable plan can make that transition easier.” Retirement savings should start […]


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Virginia Beach, VA (Law Firm Newswire) November 13, 2014 – Parents and grandparents who want to incorporate college savings into their financial planning can do so with a 529 college savings plan, a special savings account designed for higher education expenses. “In this era of ever-rising tuition, college savings should take higher priority than in the past,” said Andrew Hook, an estate planning attorney in Franklin, Virginia. “A 529 plan can be a part of that financial planning.” A 529 savings account allows account holders to save money over time, then withdraw from the balance tax-free for education-related expenses. Qualified […]


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Virginia Beach, VA (Law Firm Newswire) November 6, 2014 – Surviving spouses named as a beneficiary of their deceased spouse’s IRA should carefully consider their options for handling the account. The primary options are to assume the IRA, inherit the IRA, take a lump-sum distribution or disclaim the account. “How an IRA is handled after a spouse’s death can have major tax and financial consequences for the spouse beneficiary,” said Andrew Hook, a Virginia estate planning attorney with Hook Law Center. Assuming an IRA means transferring the assets into an IRA in one’s own name. For tax purposes, the IRA […]


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Virginia Beach, VA (Law Firm Newswire) October 29, 2014 – When a person is named as executor of an estate, he or she becomes legally responsible for protecting the assets of the decedent until the estate administration is complete. This can be a complicated, lengthy process, and organization is the key to keeping the process manageable. “Estate administration can be complex, especially if the estate planning is incomplete or there are disputes about the estate,” said Andrew Hook, a Virginia estate planning attorney with Hook Law Center. “Staying organized can help.” From the outset, the executor should understand his or […]


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Virginia Beach, VA (Law Firm Newswire) October 20, 2014 – Speaking to older parents about challenging subjects, including finances or the need for assisted living, can be stressful for both parties. Small disagreements can take on enormous significance, and overall communication can break down. Although there is no way to eliminate the stress inherent in such difficult discussions, good communication techniques can help parents and their adult children navigate their challenges effectively. “When adult children learn how to communicate with their aging parents, both the parents and children can appreciate one another and connect during the final stages of the […]


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