The Cost-of-Living Adjustment (COLA) safeguards the monthly Social Security benefits provided to seniors. Changes in the COLA are tied to the Consumer
The Significance of Trusts as Essential Estate Planning Tools
Estate planning is an important process that involves distributing money and property after a loved one is gone. Though many people are familiar with
Spotting Indicators of Elder Financial Fraud and Abuse
The National Council on Aging (NCOA) reports that cases of elder financial fraud and abuse in the United States result in annual losses of money and
Providing Financial Guidance to a Loved One
Age may make banking and bill-paying more difficult, but the same can be said about incapacitation due to an accident or sudden illness. Incapacity is
Medicaid Compliant Annuities for Married Couples
Generally, annuities pay a fixed amount of money each year to the annuity owner for the rest of his or her life. Most annuities are deferred, meaning
Government Programs for Seniors
Seniors in the United States are experiencing financial insecurity because of inflationary pressures. Aside from cutting back on unnecessary expenses,
How an Elder Law Attorney Can Help You
The main difference between estate law and elder law is that estate law focuses on the tax-advantaged distribution of your assets after your death,
Embracing Your Retirement Years
Aging may not be something we look forward to, but compared to the alternative, it signifies a successful life. With age comes wisdom and many years
In 2023, There Will be Five Changes to Social Security Benefits
Over seventy million people who rely on Social Security's benefit programs are about to undergo critical changes to their benefits. Inflation