Money And Legal − Latest Articles:

Research – Debt of the Elderly Increases

Category: Financial Planning

American families headed by individuals age 75 or older had increases in the incidence of debt, the average amount of debt held, and debt as a percentage of assets in 2010, according to research by the nonpartisan Employee Benefit Research Institute (EBRI). The EBRI analysis notes that the driver of debt for families with a head age 55 or older was housing debt: Almost three-fourths of debt payments go to pay for housing debt among these families; among those age [...]

Read More >

New Study: Simple and Low Costways for Communities to Assess Their Livability and “Aging

Communities in the U.S. can follow a relatively simple and low cost initial set of indicators to determine if their services meet the needs of an aging population.  These indicators can be measured[...]

Read More >

Debt Levels Spike for Oldest Americans

American families headed by individuals age 75 or older had increases in the incidence of debt, the average amount of debt held, and the percentage with debt payments greater than 40 percent of their[...]

Read More >

Study Reveals Most Expect to Outlive Retirement Savings

On average, people across the world expect retirement to last 18 years -- but they expect savings to run out after 10. The findings are based on a survey of 15,000 working and retired people in 15[...]

Read More >

Report Drop in Hospitalizations and Rehospitalizations among Medicare Beneficiaries

A new report suggests that communities where hospitals, other health care providers, and community services work together to coordinate evidence-based hospital discharges and provide better support[...]

Read More >

Aging Family Dynamic May Lead to Tax Relief

Members of the sandwich generation -- caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs -- might find some relief come tax time. The bottom[...]

Read More >

Eldercare Locator Announces Holiday Campaign to Help Prevent Financial Exploitation of Older Adults

10th Annual Home for the Holidays Campaign Encourages Families to Spend Time Discussing Strategies to Address Financial Exploitation With Older Family Members As financial exploitation targeting[...]

Read More >

People on the Move – Evan H. Farr

Certified Elder Law Attorney Evan H. Farr of The Law Firm of Evan H. Farr, P.C. , an Elder Law and Estate Planning firm based in Fairfax, was recently honored as one of 2012’s “Leaders in the[...]

Read More >

Help with Daily Money Management–InfoDoc, Inc.

It all started with a phone call. Ivor and Jean Jones had been living in an assisted living community in Baltimore, Md., for several years when one of their sons, Dr. Bruce Jones, received an[...]

Read More >