Celebrated every May, Older Americans Month (OAM) is led by the Administration for Community Living (ACL). Established in 1963, OAM is a time to recognize older Americans’ contributions, highlight aging trends, and reaffirm commitments to serving the older adults in our communities. This year’s theme, “Flip the Script on Aging,” focuses on the importance of […]
What if the joy of the holiday season doesn’t quite measure up to what we had hoped? It seems almost inevitable that connecting with family can run into disagreements. Over the years things have changed from what they once were – or the change you hoped for still hasn’t happened yet. The holidays are an
Many parents are uncomfortable talking to their kids about their wealth. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talking to kids about their inheritance could leave them unprepared to handle even a modest amount,
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You often hear the terms used interchangeably; however, there are significant differences between elder law and estate planning. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging life care planning and preserving a family legacy. Estate planning lets families: Name guardians for minor children
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Changing family structures are evolving the practice of estate planning. As recently as thirty years ago, a traditional family comprised a husband and wife who married young, purchased a home, had children, and worked toward financial stability and security. In 1949, 79.8 percent of American households were married couples, but in 2021 that number declined