Over a year after the pandemic spiked in the U.S. there have been over 33 million people infected with COVID-19 and approaching 600,000 deaths. The percentage of the 33 million that contracted the virus that are over the age of 75 was approximately 7-8% of the total cases
Baby boomer business owners will be looking to retire in droves over the next decade and this could result in more businesses for sale than can meet the demand to buy. This will likely drive prices down and make business succession strategies more difficult to accomplish retirement goals.
For some seniors in the baby boomer generation aging brings with it new challenges in the form of solo aging. Solo aging is a senior who has no children and no younger (or healthier) family members to assist them as they age.
Each day almost 10,000 U.S. residents turn 65 years of age. Those 65 and older will make up roughly 20 percent of the total U.S. population by the end of this decade.
Private insurers contract with the federal Medicare program to offer limited insurance coverage of prescription drugs for qualifying elderly and disabled persons. This is known as Medicare Part D.
If you have created a will but have lost track of it problems can arise as the Napa Valley Register discusses in its column "Is lost will still valid?," where a couple had questions on what might happen to their will.
A power of attorney document names someone you trust to act on your behalf. The language used in the document will determine the powers given to the trusted individual and the circumstances in which the power is conferred.
All parents weigh very important decisions when it comes to their children’s future and well-being. Creating an estate plan allows parents to voice those decisions and help ensure specific instructions are carried out even if the parents are no longer available due to death or incapacity.
Medicaid is a health insurance program for low-income individuals funded by federal, state and county funds. Certain children, elderly, blind and/or disabled who are U.S. citizens, nationals, permanent residents, or legal aliens may be eligible to receive payouts from Medicaid.
Approximately 73% of people in the U.S. pass away while still in debt. The average amount of debt is $61,554, but that average goes down to $12,875, if mortgage debt is not included.
