Tag: Elder Law
Social Security may run out of money in 2034 unless a solution is found to shore it up. Boosting taxes on the wealthy is proposed, but its success is questioned. The effectiveness of raising taxes on the wealthy to keep Social Security operating has been questioned, according to an article in Trust Advisor “Can Taxing […]
Some people believe the system of retirement in the U.S. is coming to an end. The generally accepted concept is that as Americans live longer, the health system will be strained but that theory is being disputed as Nautilus discusses in “Retiring Retirement.” Some people believe we are on the verge of many scientific and […]
Government recommendations may fix retirement but larger tax bills may loom. A bipartisan commission has come up with some proposals that may ease the problems of retirement but that fix may not be easy, according to Bloomberg in “High Earners Are Going to Hate These Retirement Proposals.” Since not everyone plans for a comfortable retirement, […]
Keeping careful watch over expenditures could help prevent abuse. Unscrupulous people can take financial advantage of the elderly but a Wall Street Journal article discusses a way to help with this situation in “When Aging Parents Need Help With Financial Tasks.” One of the ways financial abuse of the elderly happens is that an older […]
Looking for and identifying the signs of abuse of the elderly. The Washington Post recently discussed the financial exploitation of the elderly in the column “Could caregiving be just a means to the money?“. A woman wrote the newspaper to ask about her sister who was taking care of their elderly father. The sister was […]
Looking into the legal concepts of abuse of the elderly. The elderly are often the target of abuse in the U.S. as the Huffington Post recently discussed in its article on undue influence in “Undue Influence and Financial Exploitation.” With an estimated 2 million elderly people financially abused in the U.S. every year, the cost […]
While a physician-assisted suicide law is supported by California residents, some doctors remain skeptical. California recently became the fifth state to enact physician-assisted suicide legislation with a strong support from the public but physicians who might be called upon to write the prescriptions, however, are not as certain about the law as the Los Angeles […]
Some benefit increasing strategies remain despite the loss of file and suspend. The file and suspend Social Security strategy ended April 29, 2016 but other options remain as discussed in Investopedia’s “Alternative Strategies to File and Suspend.” The first option is known as a restricted application. This is a limited option allowing those whose spouses […]
Cost of nursing home care continued to rise in 2016 but at slower pace than past years. The Genworth study for 2016 has some positive news but also some bad news as Elder Law Answers reports in “Nursing Home Care Costs Are Only Slightly Higher in 2016.” And, while nursing home costs are higher in […]
Japan’s aging population creates need for corpse hotels in residential areas. An increasing elderly population and a real estate shortage have overwhelmed Japan’s crematoriums and there is scarce land for building new crematoriums. The country’s solution is to allow what are being called corpse hotels as reported by AOL in “Japan’s corpse hotels upset some […]
