News RoundupsThe estate tax has long enjoyed far more notoriety than its size merits, subject to ample political debate despite the relatively small number of American families it affects (for now, those who inherit more than $5 million). With $7 trillion in tax hikes and spending cuts set to take effect next year unless Congress acts to stop them, debate about this politically-charged tax–opponents have labeled it the “death tax”–could rev up again soon.
News RoundupsDiscussions of social safety net programs for older adults tend to evoke images of some exemplary past, where things like Social Security and Medicare weren’t needed because adult children lovingly took care of aging parents, multigenerational households were so common that no one even bothered labeling them that, and sick seniors never got carted off to nursing homes. But “such accounts often draw on a deeply sentimental view of the past,” writes history professor and author Hendrik Hartog. And today’s caregiving situation might actually be preferable.
The Takeaway: Confronting Mild Memory Loss, Quick Desk Workouts, and Why Wealthy Boomers Aren’t Keen on Inheritances
News RoundupsHow Much Memory Loss Is Normal? Misplacing keys or forgetting who was in that movie you just saw doesn’t necessarily mean you need a one-way ticket to the Alzheimer’s ward, but it could be more than ‘just aging,’ Jane Brody at the New York Times writes. Mild cognitive impairment comes from “subtle deficits in cognitive function” and results in things like difficulty finding words, remembering names, or following one’s train of thought. According to Mayo Clinic neurologist Ronald C. Petersen, mild …