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News and Articles | April 22, 2024

Nigerian Princes, Stranger Danger, Ed McMahon and the Elderly

Scott Solko(* Many envision retirement as a time of peace and relaxation. Sadly, this well-deserved time can be marred by a growing threat: elder exploitation. Elderly individuals, often trusting and eager for companionship, can become easy targets for scammers and unscrupulous individuals. The National Council on Aging estimates that up to five million older Americans experience elder abuse each year, with financial exploitation being the most common form. A staggering $36.5 billion is lost annually by elderly victims of financial abuse. This not only affects the elderly, many of whom live on fixed income, but also the national economy. Deceptive … Continued

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News and Articles | April 26, 2022

Three Ways Your Clients Can Pay for Long-Term Care

Three Ways Your Clients Can Pay for Long-Term Care   Seniors 65 years of age and older number more than 40 million in the US—more than one in every eight Americans. Estimates show that by 2030, seniors will number 72 million, and 83.7 million by 2050. As the population ages, they often require long-term care. But assisted living facilities, nursing homes, and other long-term care options can be very expensive. As an elder law attorney, you can use a variety of techniques to help your clients stretch their long-term care dollars. In this article, we’ll review three ways your clients … Continued

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News and Articles | February 4, 2022

What does it mean to be an Elder Law Attorney? 

An Elder Law Attorney is an advocate, magician, and guardian all in one. With the cost of Long term care on the rise across the country, many elderly face the question of how to pay for that care. In some parts of the country nursing homes can cost upwards of $10,000 a month, so you can see where the problem comes in. There are so many areas of Elder Law an attorney can specialize in, but all are devoted to helping those most in need in our country. As an example of how an Elder Law attorney can help, read … Continued

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Member Articles | June 3, 2021

Knowing Your Numbers

If there is such a thing as numeric self-esteem, I don’t have it. I am the guy who aced his liberal arts courses but just scraped by in math. Yet here I am, a business owner, and numbers mean everything. What to do? Hire it out … the right way. If numbers come naturally to you, or you find you can effectively learn and then efficiently process the information, you may be better off doing the lion’s share of the numbers in your office. Yet when I talk to entrepreneurial Elder Law College members and other small business owners, I … Continued

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Principal and Lead Instructor Scott Solkoff is a member of the above assocations.

 

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