Title: Estate Planning For the Elderly Course: TAX 6405-Gift‚ Estate‚ and Trust Taxation Table of Contents * Introduction * Power of attorney * Trusts * Wills * Joint ownership of assets * Lifetime gifts * Long term care insurance * Conclusion Introduction You may have heard a phrase like‚ “70 is the new 50.” There are large numbers of seniors living into their 80s and 90s. Estate taxation and planning has become a bigger concern‚ especially for baby boomers
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Caring for Our Elderly Caring for Our Elderly It is estimated that the number of Americans over the age of sixty five years old will multiply times four in the next thirty years. With this being said many of us will be faced with providing care for our loved ones ("Elderly Caregiving‚" n.d.). The current research studies completed in geriatric studies indicate that currently family members are providing approximately eighty two percent of the care for their elderly family member. Generally
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adding to overall stress. It is unfortunate to say but at times we sacrifice our loved ones‚ whether it be young children or our elderly family members. Both young children and the elderly need constant supervision and assistance with their ADL. That’s to say not all of the elderly population has family to look after their well being. A large number of the elderly
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Advertising Images of Elderly The attitudes younger generations have of the elderly and the relationships they share‚ as well as perceptions older people have of themselves‚ are directly affected by stereotypes portrayed in television advertisements (Hillier & Barrow‚ 2011‚ p. 35).When the elderly are visible in advertising‚ it is typically in life insurance and emergency catastrophe product commercials. These ads implied that the elderly are feeble‚ stubborn‚ grouchy‚ lonely‚ ugly‚ helpless‚
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A Modest Proposal The Elderly The sight is found to be sickening for many; driving through the streets in any given American town and seeing‚ fit snugly between the McDonalds and Starbucks‚ some form of facility for housing the elderly. These individuals‚ no longer able to work for a living‚ are locked away in what is comparable to a modern day prison for senior citizens‚ left only to play round after endless round of trivial games such as Bingo and shuffleboard. With their failing eye sight and
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Substance Abuse Among the Elderly Substance abuse is widely recognized as one of the most serious social‚ ethical‚ and legal problems of the modern day‚ but few people realize how serious this issue affects the elderly population of the United States. Substance abuse is generally considered to be a problem of early adulthood‚ however‚ the truth is that substance abuse impacts older Americans on a large scale‚ and must be addressed through a multifaceted approach in which nurses play a key role. This
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Stereotypes are very common when speaking about the elderly community and a common misconception is that elderly people are typically forgetful‚ forgetting the faces of people they’ve seen many times‚ forgetting to do simple daily routines‚ and forgetting things that were mentioned to them recently. We tend to see this ideology a lot within the media such as on television shows or health ads. However‚ the image of the forgetful older person is generally nothing more than a false stereotype that has
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Elderly Interview Yvette Rivera Professor Buckman N461 Summer 2014 Ms. Leiva is a 65 year old female born and raised in El Salvador. She immigrated to the United States in the 1960’s. It’s obvious Ms. Leiva overcame many adversities‚ from growing up in a broken family to teenage pregnancy to moving to a new country at a young age. Ms. Leiva speaks English very well and works as a Licensed Vocational Nurse at Solheim Lutheran Home‚ and has a second job as a hospice nurse. She currently lives in
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Abstract More than half of the United States’ elderly population is unable to meet their own health care demands. This includes preventative services‚ reading prescription bottles‚ communicating effectively with health care providers‚ and having positive health outcomes in the face of chronic disease. The failure to meet these needs is related to low health literacy‚ or the lack of social and cognitive skill sets to understand information provided to them or seek out new services. Low health
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Issues Affecting the Elderly BSHS/342 University of Phoenix November 6‚ 2008 As we grow in to adulthood‚ there are many things that start to change in our life and like the physical characteristics‚ mental capability‚ along with other things. The aging process does not proceed at a uniform rate all over the body. As we age‚ the various functions and physiological reactions of our body gradually slow down. These changes are not apparent until perhaps 50 years of age
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