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Help Your Senior Orphan Client Ride Out the Solo TsunamiHelp Your Senior Orphan Client Ride Out the Solo Tsunami

How will health, financial and other life decisions be made?

12 Min Read
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The aging population of Baby Boomers have been forced to confront a myriad of both medical and financial issues in planning for the last decades of their life. Perhaps one of the most striking planning obstacles is the issue of aging alone. These individuals are referred to by various names: “elder orphan,” “senior orphan” or “solo ager.” Regardless of the moniker, these terms all describe someone without a spouse or life partner (widow or widower) or children (none living) on whom they can depend. The question is: How will health, financial and other life decisions be made for these solos when they’re unable to make them for themselves?

Silver Tsunami

Economists and demographers coined the term “silver tsunami” to describe the drastic shi...

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About the Authors

Cindy F. Tolan

Senior Trust Officer & Manager Trust Services, Midland Trust Company

Cindy serves as Senior Trust Officer & Manager – Trust Services of the Chicago Office of Midland Trust Company and works closely with families, guiding them through the estate and trust administration process. She has extensive experience with the administration of decedent estates and trusts created for the ongoing benefit of beneficiaries, as well as guardianships for both minor children and disabled adults.

Shannon M. James

Senior Trust Officer, Midland Trust Company

Shannon serves as Senior Trust Officer concentrating on special needs trusts, as well as guardianships for disabled adults and minor children. She has extensive experience working within the various court systems, as well as assisting beneficiaries and their families to navigate complex public benefits, care management decisions, and the financial implications.

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