The Elderly, Consumer Debt, & Financial Abuse (August 2016) By: Michael B. Joseph, Esquire Senior citizens, those 65 years old and older are increasingly burdened by alarming levels of consumer debt. Retirement and fixed income is insufficient to sustain the monthly expenses for many older adults. Some are unable to pay ongoing regular monthly expenses, costs of health care, and make payments on mortgages, auto loans, and credit cards. […]
Estate Planning for Baby Boomers and their Families David J. Ferry, Jr., Esq. Ferry Joseph, P.A. As the first entrants of the Baby Boomer generation, those born between 1946 and 1964, hit 70-years-of-age this year, estate planning decisions have become a hot topic of discussion not only for Boomers, but for their families as well. In particular, many members of this generation have shown an increased desire to ensure that […]