Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

A Professional Corporation of Attorneys at Law

Key facts about the aging American population

Estate planning is not something only the elderly should do. People need estate plans at any age, especially when they have children.

However, realistically, it’s something most Americans start thinking about a bit more often when they grow older. That’s when it becomes clear to them that they need a plan in place to transfer their wealth to their children.

With that in mind, let’s take a look at some interesting facts about the aging population in the United States:

  • By 2060, experts have determined that there will be 98.2 million people in the United States who are at least 65 years old.
  • When they reach that number, the elderly will make up about 25% of the population.
  • Almost 20 million of these individuals will actually surpass the current life expectancy and reach 85 years old or older.
  • When looking at those 65 and above, the median income in 2015 was $38,515.
  • Most also have significant assets, as indicated by the fact that, in 2016, a full 79.5% of them owned their homes. Many of the elderly are also business owners.

How will all of this wealth get passed down? What considerations have to be taken for businesses, homes, and other high-value assets? Are any of these numbers going to change significantly as the aging population massively increases in the decades to come?

These are all important questions to ask. Estate planning is vital for people who are growing closer to the end of their lives. They must know what options they have, what challenges they face and what steps they can take that put their families first.