Protecting Elders and Their Estates In the Age of the CoronavirusProtecting Elders and Their Estates In the Age of the Coronavirus

Many are unsettled by the COVID-19 outbreak and its continued medical, economic, psychological and societal effects. Elders in particular, and those who love them, are thinking critically about what they should be doing to be as prepared and protected as possible in this quickly changing landscape. As elders and their loved ones navigate this challenging time together, it may be helpful to focus on what can be controlled: washing one’s hands, keeping socially distanced and making sure one’s affairs are in order. For some elders, the current period of volatility may also create opportunities.

While elders and their families are spending more time at home, their advisors should recommend that they consider two categories of planning concern...