The Issue The Elder Abuse Prevention and Prosecution Act was signed into law in 2017. Designed to combat the growing epidemic of the financial and physical abuse levied against the elderly, the bill should reduce the number of senior citizens who suffer ill treatment and scams.
Category Archives: Estate Planning
What is Hospice Care? Difficult as you may find it, Hospice may be the perfect care solution for your terminally-ill loved one. Hospice Care provides comfort and quality of life for the terminally ill. So, this type of care allows patients to remain at home. Most hospice-care providers understand how to alleviate pain and manage […]
Estate Plans Can Change Joe and Darlene are a married couple who decided to divide their estate property equally between their three children. They wanted their house to go to daughter, Mindy, who loved it. And the rest of their estate plans included equal division of assets between sons Dennis and Eddie. At their request, […]
Alzheimer’s is a serious condition which affects millions of Americans. The reason we consider it important to estate planning is because you won’t be able to plan your estate after you succumb. So, the smartest thing to do is plan in advance. No one plans to get sick or become incapacitated. And we hope you […]
According to a recent report from the Alzheimer’s Association, one in nine Americans age 65 or older have Alzheimer’s Disease. With Baby Boomers entering their senior years and people living longer, that number could triple by 2050. And Alzheimer’s is just one cause of dementia. Long Term Care in Cases of Dementia Caring for someone […]
The U.S. Attorney General and law enforcement partners announced the largest coordinated sweep of elder fraud cases in history. The cases involve more than two hundred and fifty defendants from around the globe who victimized more than a million Americans, most of whom were elderly. The cases include criminal, civil, and forfeiture actions across more than […]
How Much to Share and With Whom As the tax deadline quickly approaches, you’ve probably been working on your tax returns. If you’re like most people, you probably don’t feel comfortable sharing the details of your tax documents. But, your estate plan is an important part of making sure your affairs are in order. So, […]
According to a recent a report by Bankrate, 20 percent of Americans are not saving for their day-to day lives, let alone retirement. This, despite the fact unemployment is low and wages are increasing. With so many workers failing to set aside cash, many will face shortfalls of operational cash in the event of an […]
“Life’s tragedy is that we get old too soon and wise too late.” ~ Benjamin Franklin Since wisdom means that you realize the finite nature of life, living well calls for careful estate planning. As Baby Boomers age, they discover the realities associated with aging:
Some financial articles insist that a will is not the best way to leave assets to heirs. But why is that? Won’t scribbling something on a napkin work? Wills often lead to long and expensive court proceedings. Countless other more-efficient ways could be used, all of which more effectively pass property to family. Why a […]