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Legal Updates

Elder Law Newsletter - September Legal Update


Chambliss Elder Law Newsletter is a bi-monthly e-newsletter of legal developments and other trends of vital interest to seniors and their advocates. This newsletter is brought to you by Dana Perry and the other members of the Elder Law and Special Needs Practice Group of Chambliss, Bahner & Stophel, P.C.

Chambliss Law Firm Monthly Editorial

The $3 Billion Market for Financial Elder Abuse
by Amy Boulware, Elder Care Planning Manager, (LAP MSW)
My friend's elderly dad said he won the lottery. He then wired several thousand dollars to a P.O. Box. The first time this happened, my friend and her siblings thought this was a fluke. After all, her dad had always been so smart; he had multiple degrees and practiced medicine for over 40 years. 
Little did they know, this was only the beginning of scammers taking advantage of him by calling, sending him solicitations in the mail, and even visiting his home to get money. Financial exploitation, also known as financial abuse, is believed to cost seniors an estimated $3 billion annually, according to the National Center on Elder Abuse. [Click to read the full article and 10 Signs of Financial Elder Exploitation]



Fall Prevention Coalition Breakfast Meeting
11.16.2016 | 8:00-10:30am
Our Elder Law Team is excited to host the Fall Prevention Coalition Breakfast this November. 


Revoking a Power of Attorney 

If for any reason, you become unhappy with the person you have appointed to make decisions for you under a durable power of attorney, you may revoke the power of attorney at any time. Read more ->

Jumbo Reverse Mortgages Are Increasingly Available for High-Value Homes 

Seniors with pricier homes now have an increased ability to get a jumbo reverse mortgage in order to raise cash for retirement. As the housing market has improved, jumbo reverse mortgages are becoming more popular even though they carry some risk. Read more ->

Understanding the Tax Consequences of Inheriting a Roth IRA 

Passing down a Roth IRA can seem like a good idea, but it doesn't always make the most sense. Before converting a traditional IRA into a Roth IRA to benefit your heirs, you should consider the tax consequences. Read more ->

Medicare Coverage While Traveling Within the U.S. 

Although Medicare coverage is generally not available when beneficiaries are overseas, what about coverage for those exploring our own varied and scenic land? Read more ->