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ELDER LAW BY SARAH MELIUS

ELDER LAW BY SARAH MELIUS. OK. ELDER LAW. Elder Law is “the field of law dealing with the elderly, including such fields as estate planning, retirement benefits, social security, age discrimination, and healthcare.” Black’s Law Dictionary, Seventh Edition, p. 535.

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ELDER LAW BY SARAH MELIUS

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  1. ELDER LAW BY SARAH MELIUS OK

  2. ELDER LAW Elder Law is “the field of law dealing with the elderly, including such fields as estate planning, retirement benefits, social security, age discrimination, and healthcare.” Black’s Law Dictionary, Seventh Edition, p. 535

  3. Elderly Population Statistics • Total population of Persons 65+ in 2000 = 34,991,753 • Women = 20.6 million • Men = 14.4 million • There are 143 women for every 100 Men • In 2000, once you reach age 65 you have a life expectancy of another 17.9 years. • In 2000, there were 50,545 persons aged 100 or more Source: A Profile of Older Americans: 2001 By: Administration on Aging

  4. TRIVIA QUESTION? • WHAT 5 STATES HAVE THE HIGHEST POPULATION OF PERSONS 65+ AS A PERCENTAGE OF TOTAL POPULATION?

  5. ANSWER • FLORIDA – 17.6% • PENNSYLVANIA – 15.6% • WEST VIRGINIA – 15.3% • IOWA – 14.9% • NORTH DAKOTA – 14.7% FYI: • COLORADO – 9.7%

  6. CURRENT DISTRIBUTION OF PERSONS 65+ Source: A Profile of Older Americans: 2001, by the Administration on Aging

  7. TRIVIA QUESTION? • HOW MUCH WILL THE POPULATION OF PERSONS 65+ GROW BY 2030?

  8. ANSWER • THE POPULATION OF PERSONS 65+ WILL DOUBLE BY 2030 OR ABOUT 70.3 MILLION.

  9. FUTURE GROWTH OF PERSONS 65+ Baby Boomer Generation was born between 1946-1964. In 2002, the Boomers are 38 to 56 years old. Source: A Profile of Older Americans: 2001, by the Administration on Aging

  10. Elder Humor • Three older ladies were discussing the travails of getting older. • One said, "Sometimes I catch myself with a jar of mayonnaise in my hand in front of the refrigerator and can't remember whether I need to put it away, or start making a sandwich.“ • The other says, "Boy am I glad I don't have that problem! Knock on wood." And she gave the table a quick rap with her knuckles. • The second lady chimed in, "Yes, some times I find myself on the landing of the stairs and can't remember whether I was on my way up or on my way down.“ • The third one responded, " Well, I'm glad I don't have that problem; knock on wood," as she rapped her knuckles on the table, then told them "That must be the door, I'll get it!"

  11. ELDER LAW • Estate Planning • Retirement Benefits • Social Security • Age Discrimination • Healthcare • Guardianships

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