Currently, people ages 65 and older make up a little less than 9 percent of the population worldwide. A new report commissioned by the National Institute on Aging (NIA) claims the world’s senior population is expected to grow to around 17 percent by the year 2050. These projections have the number of Americans 65 and older growing from 48 million people to 88 million. Continue reading
What Do You Own?
John and Helen have been thinking about updating their estate plan. They called and made an appointment with Paul Plant at Harwell & Plant. John and Helen updated Paul on their current family situation. They have three children who are now on their own and successfully pursuing careers. After listening to the short update on the three children, Paul turned to a review of John’s and Helen’s property. Continue reading
What is the most important estate planning document? Answer: The one estate planning document that everyone 18 and older should have is an Advance Health-Care Directive. It is not the sexiest tool in the estate planning toolbox, but can head off family strife, heartache, and needless attorney’s fees in ways that no other document can. Continue reading