2013 ALTY Awards - Assisted Living Today
Best Senior Finance and Legal Issues Articles – 2013 ALTY Awards

Winning Article

The winner of the 2013 ALTY Award for “Best Senior Finance and Legal Issues Article” is:

Seniors: Helpful Tips to Reduce Your Risk of Being Scammedby Rick Banas, BMA Management Blog

Congratulations to our winner, Rick Banas! You can grab a winner’s badge here.

Runner-Up Article

Important Terms Affecting End-of-Life Decisions Kathy Quan, About Aging Parents

Congratulations to our runner-up as well. Nice work! Get your runner-up badge here.

Finalist Articles

And hats off to all the finalists as well, whose articles stood out from hundreds of blog posts in the senior care space.

Planning for Your Aging Parent’s Financial Futureby Sherri Picker, Boca Home Care Services
5 Common Elder Money Mistakesby Theresa Kelly, Genworth Care Advisor Blog
3 Quick Questions to Measure your Aging Parents’ Financial Capacityby Dale Carter, Transition Aging Parents
Senior Home Owners Find Financial Resource in Reverse MortgagesCareTrak Home Care’s Elder Care Blog
Money Saving Tips for SeniorsElder Care Cafe blog

Congratulations to our finalists. Nice work! Finalists can get a finalist badge here.

Final Voting Results

Here’s a look at how all the blogs fared in the public voting.

  • Seniors: Helpful Tips to Reduce Your Risk of Being Scammed (63%, 61 Votes)
  • Important Terms Affecting End-of-Life Decisions (23%, 22 Votes)
  • Planning for Your Aging Parent’s Financial Future (5%, 5 Votes)
  • 5 Common Elder Money Mistakes (4%, 4 Votes)
  • 3 Quick Questions to Measure your Aging Parents’ Financial Capacity (2%, 2 Votes)
  • Senior Home Owners Find Financial Resource in Reverse Mortgages (2%, 2 Votes)
  • Money Saving Tips for Seniors (2%, 2 Votes)

Total Voters: 97

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Thanks to everyone who voted, and congratulations again to the winner, the runner-up and all the ALTY finalists.

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Nominated Article Descriptions

The following is a full list of all nominees for the 2013 ALTY Awards for the “Best Senior Finance and Legal Issues Articles” category.

3 Quick Questions to Measure your Aging Parents’ Financial Capacityby Dale Carter, Transition Aging Parents

How do you know when you should be involved in your parent’s finances? It’s not an easy river to forge–suggesting to your mom or dad that you should have a hand in their financial management. But as mental capacity falters, there is safety in having a handle on what’s going on financially. After coming across a quiz online, Dale Carter boiled down three important questions to ask your parents about their finances. Beyond opening doors for good conversation, they may act as a tool to assessing your parent’s critical thinking skills.

Planning for Your Aging Parent’s Financial Futureby Sherri Picker, Boca Home Care Services

The most important aspect of aging is arguably planning. Plan for care, management of assets, end-of-life wishes, and of course, finances. Sherry Picker lists items to discuss with your parents regarding their finances–before it’s too difficult. A list of well-thought-out questions can help you start the conversation and gets you on your way to having an all-important plan.

Seniors: Helpful Tips to Reduce Your Risk of Being Scammedby Rick Banas, BMA Management Blog

Crimes against older adults is on the rise, says a law enforcement officer in Illinois who helps educate people about the latest scams. Mostly, elderly people are scammed through phone calls; people posing as a family member in need of money. Rick Banas summarizes a number of current scams and gives a tip list of how to keep your money safe from criminals.

5 Common Elder Money Mistakesby Theresa Kelly, Genworth Care Advisor Blog

Mom and dad know best, right? Theresa Kelly, Care Advocate for Genworth, offers gentle guidance for when your elderly parent appears to be faltering. As they age, confusion, altered judgement, math mistakes, disorganization and memory problems can lead to financial problems down the road. She explains how to know when to step in, and identifies ways a caregiver can help manage finances.

Senior Home Owners Find Financial Resource in Reverse MortgagesCareTrak Home Care’s Elder Care Blog

Seniors who own their homes often have a lot of equity built up. But it’s difficult to access that equity in a time of need. To cash in without selling your home, many think you need a conventional home equity loan. Those, however, require funds paid back with interest. Enter the reverse mortgage, a risk-free access to home equity. CareTrack lays out the facts and misconceptions about reverse mortgages.

Money Saving Tips for SeniorsElder Care Cafe blog

Somewhere in the back of your mind, you know how to save money and eat healthy and make good choices, but those simple behaviors sometimes get lost in other worries and habits. Elder Care Cafe lists good tips–reminders, really–about cutting costs here and there. From turning off lights to cancelling unnecessary magazine subscriptions, there are many ways to save without making major life changes.

Important Terms Affecting End-of-Life Decisions Kathy Quan, About Aging Parents

We have choices, even as our lives come to a close. Uncomfortable to think about, perhaps, but making choices about care at the end of your life is an important one, and it’s something over which you can have control. Kathy Quan talk about advance directives, understanding types of care and the importance of making those decisions while you can.

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