AFTER Isidore Monblatt, a retired controller who had worked at Lehman Brothers, had a series of minor strokes and falls in the mid-1990s, he and his wife, Nancy, a homemaker, realized that they could no longer stay in their two-story Brooklyn house. But they were not sure of what they needed.
"Something that didn't feel like a nursing home," recalled Cathy Monblatt, 56, an information technology manager and one of their three children. "Something where they could feel independent, but they could get meals and some assistance."
Another daughter found an apartment in an elderly-only building near her home in Alexandria, Va. It had a full kitchen and washer-dryer, along with dining-hall...
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- Commercial Cleaning Franchise Continues Aggressive Expansion Across United States -
Memphis, Tenn. (May 1, 2013) ServiceMaster Clean, one of the leading commercial cleaning franchises for more than 60 years, announced today the signing of two new franchise agreements. The first agreement is with an existing franchise group, ServiceMaster Facilities Maintenance, who added portions of Atlanta as a third territory. The other is with a new franchisee David Dragicevich of ServiceMaster Janitorial by Zvon for a Syracuse, N.Y. territory.
"As our business continues to expand across the United States, we're excited to announce both an expansion of one business and the beginning...
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Preventing financial exploitation by the people you know might require taking legal precautions; at the very least youll need to have some uncomfortable conversations with friends and family. You might need to revisit plans youve made beforeand create new ones.
Hire the right professionals. Engage a CPA or certified financial planner to handle such concerns as how much money you can withdraw safely from retirement funds. Hire an estate-planning attorney with elder-law expertise to write your will and power-of-attorney documents; they can also craft trusts, which can limit relatives access to your money. A professional daily money manager can help you...
Read More About Protecting Mom & Dad's money-- What to do when you suspect financial abuse (Part II)