An elder law attorney can help seniors care for all their current and future needs. These typically include estate planning and long-term care. An elder law attorney is often the better choice to ensure a secure future for yourself and your loved ones.
Estate Planning vs. Elder Law
“Elder law” and “estate planning” are separate entities connected in different ways. For instance, if you’re a senior citizen planning your estate, doing so with the help of an elder law attorney will provide a double benefit. You can put together an effective long-term healthcare and asset protection program for yourself while creating a plan for your estate, this is addresses your needs during your life, as well as what should happen to it after you pass away.
Elder Law
Elder law covers multiple areas that can affect the rights of the elderly. It includes asset preservation and estate planning, access to adequate medical care, and protection from abuse.
Long-term management of medical needs is an important consideration. You never know when you might become unable to make these decisions yourself. You must take care of all current and future healthcare needs while you still can!
Estate Planning
Estate planning with an elder law attorney helps you manage and protect possessions proactively. With their assistance, you can put wills and trusts in place for asset distribution after your death. If by any chance, you’re unable to develop an estate plan in your lifetime, someone else might have to do it for you. Think of an estate plan as a guide for the loved ones that you leave behind. It will tell them about your final wishes for the distribution/management of assets under your ownership.
Elder Law & the Need for Long-Term Care Planning
Healthcare isn’t exactly cheap. Even with benefits like Medicaid and Medicare available, the elderly are often unable to take advantage of them. This is primarily due to a lack of understanding. An experienced elder law attorney can fix this easily. They will help put together a suitable long-term medical care program for you.