Columns

    Minimizing the cost of long-term care requires a strategy that takes into account the intricacies of estate planning and government benefits, and the strategy you chose depends on the mode you’re in: Preplanning, Wait-and-See or Crisis. Preplanning can be done when there is no imminent threat of a long-term care. Wait-and-See Mode exists when there is a diagnosis but the senior will not be leaving home in the near term. Crisis Mode occurs when the senior is either in or soon to be in a nursing home. In Preplanning Mode, because time is on our side, we can …

  This has been a challenging year so far for the financial world. With stock indices down close to 20 percent and with oil dropping to its lowest level since 2003, mortgage rates have remained unexpectedly low. The economy reported a weak 4th quarter reading for GDP (Gross Domestic Product) and the February jobs report showed that job creation was below the pace of previous months. With world economies still showing signs of weakness, the Fed, which has stated that they would like to raise rates four times this year, have begun scratching their heads. Fed Chairwoman Janet Yellen recently …

  The snows are about to melt and the spring real estate market is about bloom. Preparing your home to hit the market can be easier than you think. There are many things that can be done at little or no cost that will make your home stand out. Do you still have wallpaper in your home? Buyers can sometimes see wallpaper as an added hassle and expense. If you can, spend an afternoon removing the old wallpaper and painting your walls a neutral color. Use a heat gun or blow dryer to heat up the wallpaper; this will make …

  With my Roseland background and all the Roselandite events I’ve attended throughout the seven plus years I’ve been writing this column, I could go on and on about what I know about Gately’s. That would only be my story because we all have stories of growing up in and around Roseland and have recollections of visits to Gately’s. I put out a call to as many Roselandites as I could via electronic communications and some in person interviews and have had fifty-plus responses. Shopping at Gately’s with your mom or on your own gave every Roseland boy or girl …

  Dec. 12, 1915, Hoboken, New Jersey … “Chairman of the Board” to be Francis Albert Sinatra, was born to Italian immigrants. The wiry, blue-eyed kid with a huge smile loved to sing, and at the tender age of 8 sang publically for the first time. His father, Antonio, a lightweight boxer and Hoboken Fire Department Captain, propped him up on the bar in a local saloon to entertain his fellow firemen and “The Voice” was born. Music was his passion, and school wasn’t. He barely made it to high school before he decided to pack up his blue eyes …

The real star of “Nabucco” is the chorus, and conductor Carlo Rizzi clearly understands this, as he gave the celebrated body their head. And under the direction of Chorus Master Michael Black, they sang more exuberantly than ever, thrilling the jam-packed Civic Opera house audience that braved single-digit temperatures to see the opera that launched Verdi’s career as the King of Italian Opera. Again and again, the chorus, if Hebrews, Babylonians or whatever, made the very most of each choral number. And they were consistently excellent whether singing distinctly as a chorus, like the famous Act III, scene ii “Va, …

  2015 was a rather unfortunate year for genealogists. Although a lot of new data was made available on Ancestry.com and familysearch.org, two major genealogy software programs were “retired.” In the middle of 2014, Wholly Genes Co. announced that they were discontinuing their flagship program “Master Genealogist.” They ceased support Dec. 31, 2014. In December 2015, Ancestry.com announced that they would no longer sell Family Tree Maker software as of Dec. 31, 2015. They also announced that they would cease all support for Family Tree Maker on Dec. 31, 2016. This announcement came rather suddenly and caught the genealogical community …

  The first determination in selecting a facility is to realize whether a facility is required at all in order to deliver the long-term care that the senior needs. Families should ask, “Can our loved one live at home with in-home care? Are there any alternatives to institutionalization, such as daycare? Private duty nursing care?” The answer to these questions is based on medical decision. If a physician indicates that institutionalization is required, then another set of questions needs to be asked. For example can care be delivered in: Independent living? Assisted living? Supportive living? (Note: Supportive living is similar …

  2016 should prove to be a good environment for mortgage rates. With the Feds’ first interest increase behind us, mortgage rates really have not moved much. The stock market, which has had its worst start in years, is keeping rates low. Usually when stocks suffer rates benefit from that. It’s like an hourglass. When you turn it over, the sand moves from the top to the bottom. The same goes for investment money. It usually flows from stocks to bonds or from bonds to stocks. Weakness in the China market, lower oil prices and a stagnate economy in Europe also have kept …

  Your home is on the market and you are cleaning and preparing it to look its best for any potential buyer who pays a visit. Your realtor has suggested an open house next Sunday and you are all for it. Open houses are an invitation to the public to walk into your home and view what you own as openly and freely as possible with only your broker there to watch, and with that comes a certain amount of risk. According to the National Association of Realtors, at least 40 percent of agents have experienced something which made them …