Upon your death, your will addresses who will inherit your assets and properties. Wills are legally binding when properly filled out. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution, your…
When you lose a spouse or long-term partner, it is difficult to think beyond your grief. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan. In…
This year, the Social Security Administration (SSA) will make important changes to the benefits it provides for over seventy million people. Inflation continues to increase daily living costs with higher costs for gasoline, food, utility, rent, and mortgages. Yet real…
Benefits for Social Security and Supplemental Security Income will increase by 8.7% in 2023. That is an increase of more than $140 per month, on average and good news for those receiving or applying for benefits. Cost-of-Living Adjustment This 8.7%…
In the senior and near-senior age categories, fraud is statistically on the rise. With more individuals online than ever, scammers are becoming highly adaptable and mimic communications resembling tech staff support, government employees, and romantic partners. Seniors are particularly vulnerable…
Pew Research Center’s survey of American adults conducted in 2021 found that 23% belong to the “sandwich generation”. As the senior population grows and younger adults struggle to gain financial independence, many middle-aged adults find themselves “sandwiched” between their children…
The senior population is growing rapidly, as are their financial, health, and legal needs. Because of this, it’s more important than ever to understand the value that elder law attorneys provide to the population. Our senior community has very specific…
There are many major decisions we must make as we age, and one of them is where to live. We may ask ourselves, “Am I able to remain in my home independently, or do I need assistance?” If the answer…
People procrastinate with estate planning because thinking about the end of one’s life can be uncomfortable. Estate planning is for all adults, but it becomes even more critical as we age. Other people believe that estate planning is only for…
In estate planning, a fiduciary is an individual, professional, or organization legally obligated to act in the best interest of the appointed person. Carrying out the terms of a will or trust or making medical or financial decisions on behalf…
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