Last Living Person Born in the 1800s Dies in Italy at the Age of 117
Yesterday, the world's oldest person--Emma Morano of Piedmont, Italy, died at the age of 117. Born on November 29, 1899, Ms. Morano lived during 3 centuries, through 2 world wars, and witnessed more than 90 Italian governments. To what did she attribute her old age? 3 eggs a day, 2 of... »
Why Waste Away? Margaritaville Retirement Homes Are Coming!
With the boomer population coming of (retirement) age, entrepreneurs have put some real thought into how they can capitalize off of this enormous slice of society that wields substantial financial power. One trend--more and more alternative living scenarios are emerging that make the retirement years more enjoyable, from activity-focused... »
Seminar: Ethics in the End of Life Decision Making March 9, 2017
Alison Arden Besunder will be presenting at the Suffolk Academy of Law seminar Ethics in the End of Life Decision Making on March 9, 2017. Event description, registration information, agenda and speaker bios can be found below.  Who Should AttendThis program is targeted for general practice attorneys; any attorney who drafts advance directives;... »
Dementia Village Introduces Aging With Dignity
Did you know that one out of three people will suffer from dementia or Alzheimer's disease? Our odds aren't good. Yet in the U.S., we still lack the infrastructure to care for these individuals and allay their fear, sadness and embarrassment as their once-sharp minds falter. Once again, we have... »
'Grandma's Spare Room' Scheme Will Open Up Affordable Housing for NYU Students
Housing in New York is a big cost for just about anybody, but imagine if you were a student. The loaded cost of a year at NYU--including tuition, fees, room and board--is about $66,000. At that rate, which would come first, death or the payoff of your students loans?  Using... »
Nursing Homes Offer Student Housing to Infuse Youth
Humanitas, a nursing home in the Netherlands introduced a fresh spin: offering rent-free housing to students who spend 30 hours a month socializing with older residents.    Humanitas CEO Gea Sijpkes, like so many who are challenged with doing more with less, initiated the program--and it has been a success. "I... »
Is Your Durable Power of Attorney Good Enough for Your Bank?
You did the right thing. You made sure you had the 3 essentials: a will, a durable power of attorney, and a health proxy. You had them all notarized. That means you have taken care of your family, right? Not necessarily. Many financial institutions--whether national, regional or local--require account holders to... »
Spend Your Retirement on Billionaire’s Row
Entrepreneurs have been targeting the buying power of the Baby Boomer generation for decades, and now that’s taking the form of luxury assisted living. Retirement communities are becoming more like high-end hotels, with spa services, fine dining, and progressive programs that allow for prolonged independence. Hines and Welltower—an international real... »
"Ultimate" Irrevocable Trusts for Chronic Care Riders
"Ultimate" and "Irrevocable Trusts" are probably two words that you wouldn't ordinarily combine together.  Yet there have been rumblings of discussions among  estate planning and elder law attorneys about this type of trust which is designed to be the owner and beneficiary  of life insurance that has a long-term... »
A Snapshot of NYC's Oldest Old, One of NYC's Largest, and Most Ignored, Demographics
Recently, the New York Times published an article on one of the City's fastest growing populations: the "oldest old." They interviewed six New Yorkers aged 85 and over--people who have inevitably experienced deep loss, health challenges, and things that few on this Earth can still remember first-hand, like the... »
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