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Elder law developed as a specialty because as lifespans increased there was an increased need for medical care, care giving, and financial management. [ 3 ] The Older Americans Act (OAA), originally signed into law by President Lyndon B. Johnson on July 14, 1965 (the same year Medicare was created), created the Administration on Aging (AOA), a ...
Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).
Older Americans Act of 1965: Long title: To provide assistance in the development of new or improved programs to help older persons through grants to the States for community planning and services and for training, through research, development, or training project grants, and to establish within the Department of Health, Education, and Welfare an operating agency to be designated as the ...
DEAR SAVVY SENIOR: My wife and I had our estate plan – including a will, power of attorney and advance directive – drawn up about 10 years ago but have recently read that our plan should ...
“Seniors should not pay tax on Social Security,” President-elect Donald Trump said on social media during his campaign in July.. Currently, some people who collect Social Security owe income ...
Meals on Wheels for seniors in poverty, Head Start childcare, and Section 8 housing vouchers are among the programs that could face funding delays after President Donald Trump suspended federal ...
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