The official figure for elder financial fraud used by a congressional committee is around $3 billion a year, but that’s based solely on reported cases of fraud. Other estimates are 10 times that much.
Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.
There are still certain people who do get early-onset Alzheimer’s disease. In the U.S., about 200,000 people have it. How can you tell if your loved one is among them? There can be surprising symptoms that warn of its development — and they don’t all involve memory problems.
There’s a natural wearing down of our teeth as we age. Old fillings crack from years of chewing and grinding, which allows an opening for decay to spread around the edges. The best preventative is regular checkups and teeth cleanings, but not everyone is comfortable visiting a dentist.
Survivorship periods don’t usually surpass 60 days. If this period surpasses 120 days, it could put the tax-free estate transfer of assets to a surviving spouse at risk.
It can be frustrating and nerve-racking when you can't see a loved one face-to-face — a fact that so many family members with loved ones in assisted living or nursing home facilities are discovering during the coronavirus outbreak. To protect those who are most at risk of complications from the disease caused by the coronavirus, COVID-19, health officials have announced strict rules for some facilities with vulnerable older residents.
As part of the CARES Act, the majority of Americans, including those who are elderly and on fixed income, will receive a one-time stimulus check from the Internal Revenue Service (IRS).
Book Your Free Initial Consultation With Parker Law Firm Today Get Started Now
The 15 minute initial phone call is designed as a simple way for you to get to know us, and for our team to learn more about your unique estate planning needs.
