Congratulations seniors, these are your Golden Years. Your Social Security check exceeds your expenses and your children are all doctors and lawyers who never ask for handouts and seem terribly happy with their lives. You have very few wrinkles and a head full of dark hair. Your home continues to appreciate annually and your mortgage…
According to the State of Missouri’s Office of Administration, our state’s elderly population has increased more consistently and proportionately than any other age group. While Missouri residents age 65 and over represented only 10% of the population in 1950, by 2030 the Office of Administration predicts their numbers will represent more than 20% of all…
According to the Merriam-Webster dictionary, our golden years are defined as “the advanced years in a lifetime” or “the time of life after retirement from active work.” For a select few seniors, the golden years are a time of wealth and relaxation with grandchildren or other loved ones after saving diligently to enjoy the wonderful…
The Missouri Durable Power of Attorney Law is set forth in Chapter 404.700 through 404.735 of the Missouri Revised Statutes. A power of attorney is a legal document wherein you voluntarily, and with informed consent, and in the presence of witnesses, give another person powers to address your property and finances. Although you may select multiple parties to…
The choice of a skilled nursing facility or long-term care facility is challenging, and chances are good that you, along with many Americans will someday be faced with the need to find such a facility for yourself or a loved one. What’s the difference in the two you ask? The care provided in a skilled…
Some drivers are offended after receiving a traffic ticket and desire to remove it from their record at all costs. Still others never think of hiring legal counsel and just pay the ticket because someone has informed them one or two tickets won’t harm their insurance premiums or driving privileges. Our firm represented traffic clients…
“Your peers will respect you for your integrity and character, not your possessions.” David Robinson But if possessions are temporary and do not reflect the character of man, why are so many older Americans swimming in them? The overabundance of personal property is troubling when you consider many older adults live on limited or fixed…
“A man should not leave this earth with unfinished business. He should live each day as if it was a pre-flight check. He should ask each morning, am I prepared for lift-off?” Diane Frolov and Andrew Scheider, Northern Exposure, All is Vanity, 1991. According to the legal resource FindLaw.com, approximately 55% of American do not…
For some well-prepared seniors, downsizing is an inevitable part of life that they planned for long ago. Those parties may relish the idea of selling most of their belongings to seek out warmer climates or senior housing options where meals are prepared, lawns are maintained, and similarly aged friends are readily available for games and…
Long-Term Care Insurance, (hereinafter, “LTCI”), is thought by many professionals to be an important component of a well-designed financial plan. Like other insurance, it is purported to insure you against certain events; more specifically, the depletion of retirement savings and income, and the loss of choice and independent decision making when long-term illness or disability…
