Estate planning for veterans is unique. Many veterans are entitled to special benefits from Veteran’s Affairs that can help them during retirement. Taking the time to engage in Veterans’ Affairs planning can help you make sure that you are using all of your benefits...
Achieving a Better Life Experience (ABLE) Act was signed into law on December 19, 2014. The ABLE Act amends Section 529 of the Internal Revenue Service Code of 1986 to create tax-free savings accounts for individuals with disabilities. An ABLE account may fund a...
Close to two-thirds of seniors remain working primarily because they worry about not having enough assets to afford to retire. On average, seniors who are still working only have $133,108 saved for retirement, which is not enough to pay for living expenses and...
Trusts are certainly not the most perspicuous of legal inventions, but they can be a critical part of elder law planning and special needs planning. Experienced professionals understand the nuances of the various types of trusts available, what language is necessary,...
According to the National Council on Aging, 1 in 10 elders in the U.S. have experienced some form of abuse, yet only 1 in 14 is reported. It is a sad reality that there are elders in our communities that suffer from various forms of abuse. Financial, physical, and...
According to the Bureau of Labor Statistics, approximately 40% of people age 55 and over were working or looking for work in 2014. The labor force participation rate for seniors is expected to increase to around 164 million individuals by 2024. In 2016, over 42% of...
