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How to maximize income and savings in retirement
While the retirement planning basics have not changed in the past few decades, there are new problems that await baby boomers in 2023. Longer life expectancy and rising healthcare costs, which means you’ll need your money to last longer—potentially into your 90s....
How to plan for retirement?
When it comes time to retire, you may be eligible for some government assistance, like social security and veterans benefits. Social Security benefits On average, Social Security retirement benefits replace 40% of pre-retirement income for retirement beneficiaries....
How to report elder abuse
Here’s how to report elder abuse. In an emergency, call 911. And remove the individual from any life-threatening situations or environments. If you know about elder abuse, you can register a complaint with Adult Protective Services (APS). Call the number provided:...
What is financial elder abuse?
Two scenarios fall under financial elder abuse—abuse and exploitation. Financial elder abuse is the neglect of an elder’s financial responsibilities like paying rent or mortgage, medical expenses or insurance, utility bills, or property taxes. Financial exploitation...
What is Elder Abuse
Elder abuse means intentionally hurting or putting an older adult in danger - be it financially, mentally or physically. Elder abuse happens when the elderly become dependent physically or financially on a family member or caretaker, and that person neglects their...
Age discrimination laws
The most common age discrimination laws in the United States are: Age Discrimination in Employment Act (ADEA): The ADEA prohibits age discrimination against individuals who are 40 years of age or older in employment. It covers various aspects of employment, including...
Legal considerations for assisted living
When an older individual relies on a caregiver to fulfill their needs, it makes them vulnerable to abuse from the caregiver. A caregiver can be an individual, family member(s), friend, home health aides in an assisted living facility or nursing home staff. Passive...
What are the legal rights of elderly individuals?
Besides civil rights, older adults have the following legal rights: Right to dignity and respect Like all human beings, older adults have a right to respect irrespective of their religion, gender, disability, or source of payment. This might be a no-brainer, but we...
What is elder law?
Elder law addresses the legal needs of elderly people. This includes retirement benefits, estate planning, health care and management, elder abuse, and other similar issues. Working with an elder law attorney can give you timely and comprehensive legal advice on...
What are the key legal issues to consider when buying or selling a commercial property?
When buying or selling a commercial property, several key legal issues should be considered to ensure a smooth and legally compliant transaction. Here are some important legal considerations for buyers and sellers: Buyer's Perspective Due Diligence: Conducting...
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