When dealing with grief-inducing loss, it feels awful. When that loss continues day after day without any end in sight, it can be excruciating. The term for such continuous heartache as one deals with a continually changing health situation is called “ambiguous loss”.
There is good news for caregivers who take care of parents or other relatives in their homes. Family caregivers who support loved ones in their homes are eligible for several tax credits and deductions. Of course, the IRS has certain requirements, but they are pretty straight-forward.
It is heartwarming to see seniors engage in late-in-life romance. That being said, getting married for second or third time have significant financial and estate planning considerations. Planning before the wedding can make a significant difference later in life.