Inflation affects all consumers, but older Americans are facing an especially dramatic loss of buying power.
Providing memory care needs is a booming market opportunity for specialized facilities. The number of adults with cognitive impairments is increasing, but the number of caregivers is decreasing, which requires more innovative solutions. While some facilities are stand-alone solutions for…
Affluent families have long worried about preserving wealth and ensuring its smooth transfer through generations. In estate planning, the generation-skipping transfer tax (GST) plays a significant role. The US government established the GST to prevent individuals from avoiding estate taxes…
A person's estate planning strategy should aim to minimize their beneficiaries' taxes while protecting their assets. The qualified personal residence trust (QPRT) is a valuable tool in this area. This specialized trust enables individuals to transfer their primary residence or…
The probate process usually takes place in probate court and is known to most people as something that happens after someone passes away. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take…
Statistics show that fraud is on the rise in the senior and near-senior age groups. With more and more people online, scammers are becoming more and more adept at mimicking communication resembling tech support, government employees, and romantic partners. Seniors…