Congress has passed a spending bill that contains major changes to retirement plans. The bipartisan legislation is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning.
Category Archives: Elder Law
Many nursing homes insert mandatory arbitration clauses in their contracts with elderly patients. They do not do so for the benefit of the elderly. If you read the fine print on almost any standard contract a large company makes a consumer sign, you will most likely find a clause that any dispute between the consumer […]
Millions of working Americans act as caregivers for their elderly parents. Will companies start to offer onsite elder care centers where employees can drop off their parents while the employees are working? For large companies seeking to entice younger people to work for them, offering onsite childcare facilities has become a popular employee benefit. It […]
When someone passes away the money that he or she has invested in Social Security is not necessarily wasted. Dependents might be able to claim it through survivor's benefits. Social Security is essentially a forced retirement plan. We put money into the program and receive it back when we retire in the form of monthly […]
The number of Americans living to see their 100th birthday is on the rise. It is not easy to pay for that many years of retirement. According to the Center for Disease Control and Prevention, the number of Americans who lived to be 100 years old increased by 44% between 2000 and 2014. Nevertheless, the […]
Few of us like to think about getting older. We don’t want to admit we may need help getting around in 40, 20, or even 10 years. We don’t like to think about how our health in our senior years could affect our families or our savings. We definitely don’t want to begin anticipating and […]
Did you know that the average cost of one year in a nursing home is $83,000? That's nearly $7,000 a month! Paying for a nursing home can be very difficult, especially if your long-term care insurance is cost prohibitive or if you are uninsurable. However, by working with an attorney experienced in elder law, you […]
Although most of us prefer not to think about it, we’re growing a little older every day. Unfortunately, too many people ignore their advancing age, avoiding consideration of the legal issues which could affect them greatly in their later years. Those issues, often grouped together under the term “elder law,” will affect what happens to […]