The population of seniors in the United States is growing rapidly. Data from the U.S. Census Bureau indicates that people 65 and older will make up 20 percent of our country’s population by 2030. Along with this increasing population come increasing reports of elder financial abuse. It is only going to become more and more important for all of us,…
Estate Organizers specialize in handling the personal, tangible property items during the process of settling an estate, as well as assisting the professionals, individuals, and families involved. When a client finds us, or an attorney first refers a client to an Estate Organizer, the person has usually just suffered a loss. Not only is this person handling the new, and…
Lucy clung to her coffee mug, gripping it so hard she was afraid it might shatter. “I’m telling you, Lucy, Mom and Dad made me promise that we would not put them into a nursing home,” her sister, Samantha said. “They need a caregiver. And since you’re a stay-at-home mom, we think you’d be perfect for the job.” Lucy glared…
The Golden Years May Have a New Name: The Bankrupt Years In the past month or so, a number of articles in the news have come out showing that seniors are declaring bankruptcy at an increasing and alarming rate. The debt burden on seniors is going up due to student loans, credit cards, and lack of retirement savings. Often, the…
This is another installment in our very occasional series on estate planning lessons learned from celebrities. The actress Nichelle Nichols, 85, who is most famous for portraying Lieutenant Uhura on the original “Star Trek,” is currently the subject of a conservatorship battle pending in Los Angeles Superior Court. Ms. Nichols’ son, Kyle Johnson, filed the petition for conservatorship in May…
According to new federal data, gathered by Medicare from daily payroll records from more than 14,000 nursing homes in the United States, nursing homes have been under-reporting to the government their nurse and caretaker staffing levels for years. For families with loved ones dependent on nursing home care, this is likely not a surprise. There are nearly 1.4 million people…
