The winter of 2019 is shaping up to be one of the coldest on record across the country. Those of us with loved ones who are particularly susceptible to harm from frigid conditions — the elderly, developmentally disabled, mentally ill or physically handicapped — can take steps to protect them.
The Treasury Department reported that suspected cases of elder financial abuse had more than doubled from five years ago to 24,454. The problem may continue to grow, as projections show that by 2030, 25 percent of the U.S. population (one in five Americans) will be age 65 or older.
Recently Prince Philip, the 97-year-old husband of Queen Elizabeth II, rolled his Land Rover in a crash with an oncoming minivan. Luckily, no one in either vehicle was seriously injured. He told the responding police that the sun had blinded him.
According to a new CNBC article, 17 percent of divorced or widowed people marry again, citing the U.S. Census Bureau. Interestingly, the remarriage rate has increased only among people 55 and older.
In today’s post, we continue our discussion of the factors to consider when deciding whom to name as the trustee in a trust. In part 1, we talked about some of the reasons people ask relatives and friends to serve as trustees.
At our law firm, our work often involves trusts. We help people set up trusts during their lifetimes such as revocable living trusts and special-needs trusts. Some clients arrange for testamentary trusts that take effect at death through provisions in wills.
Dogs, cats and other companion animals are important members of many Colorado families. Beloved pets also commonly provide companionship and meaning in the lives of elders. Those who love their furry family members should be aware that they can take legal steps to provide for care of pets if owners become too ill or injured to provide pet care themselves and even after owner death.
The LinkedIn update arrived with a work anniversary. It said to congratulate a connection on his 12th year with the State Department. The only thing was that he had passed away in 2009.
In a new study, WalletHub placed Colorado at number 29 out of 51 states (including the District of Columbia) in elder-abuse protection. We have posted here regularly about our law firm's dedication to the safety of vulnerable, elderly Coloradans.