The Trust Lawyers Blog

Future Trends In Elder Law

Posted by Dave DePinto on Thu, Jun 30, 2016
A. Impact of the Baby Boomers’ Retirement

Anyone born between 1946 and 1964 is a Baby Boomer – the explosion in population during that time was the result of the homecoming of veterans after a five (5) year long WWII “male” absenteeism followed by the prosperity of the 50’s and 60’s.  The first of the boomer population just hit retirement age in 2011 and will over the next three decades be the new elderly and infirm.   

Half the population over age 85 currently needs some type of long term care for one or more chronic conditions so prevalent in contemporary societies.  These conditions are all unfortunately household words today:

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Tags: Medicaid And Assets, Elder Law, Health Care Reform, Guardianship, Medicare