May is Older Americans MonthMay 3, 2012 9:16 pm Long Term Care Costs, Medicaid Planning, Veterans Benefits
Older Americans Month was first established in 1963. It was called “Senior Citizens Month” until 1980 when President Jimmy Carter proclaimed it to be “Older Americans Month.”
The Growth of the Senior Population
In 1963, only 17 million Americans had reached age 65. In 2004, approximately 36.3 million U.S. citizens were age 65 or older, and accounted for approximately 12% of the U.S. population according to the U.S. Census Bureau. Today, the number of persons age 65 or older is over the 40 million mark.
By 2050, the U.S. Census Bureau predicts there will be 86.7 million citizens age 65 and older living in the U.S. and will comprise 21% of the total population. People in the 65 and older age group will grow by 147% between 2000 and 2050, compared to 49% growth in the population as whole.
Increased Need for Elder Law Attorneys
As the population of those 65 and older increases, so does the need for the services elder law attorneys provide. While the term “elder law” is very broad, the services of an elder law attorney may include assistance in obtaining Medicaid benefits or other governmental benefits based on a medical and financial need, advice on planning documents like revocable living trusts, wills, powers of attorney and health care directives, assistance in obtaining veterans benefits, and assistance with guardianships if a loved one becomes incapacitated.
To find an elder law attorney in your area, please visit our member directory at http://www.eldercounsel.com/AttorneySearch.aspx.
We wish everyone a Happy Older Americans Month!