Whether you are just beginning to think about planning for your later years or you already have a multitude of estate planning devices in place, the advise of an experienced Elder Law attorney is often invaluable. Our firm can assist you individually or can work with your present estate planning professional in addressing the unique and often complex needs that arise in one’s later life.
The costs of long-term care have sky-rocketed and without proper planning and coverage, these costs have the potential to exhaust any savings or assets one may have. Without the correct safeguards in place, many seniors will pay significant out-of-pocket costs for their end-of-life and/or long-term medical care. Exorbitant medical costs can quickly exhaust what little inheritance (including a family home) one had planned to leave for their loved ones.
There can be several components to estate planning and Elder Law that include the drafting and administration of both revocable and irrevocable trusts, living trusts and special needs trusts for a disabled dependent; Medicare and Medicaid coverage and planning; disability and other long-term care issues; end of life care planning; and guardianships, conservatorships, and commitment matters including fiduciary administration.
Other issues that can be addressed with our firm in end of life planning include: protection against elder abuse, neglect and fraud; consumer protection; nursing home and in-home care planning and concerns; powers of attorney, medical proxies, medical care directives and living wills.
Our attorneys would be glad to visit with you about your specific needs and options during a free consultation.