The Elder Law Umbrella
As seniors are living longer, the biggest planning needs can range from protecting against creditors, estate tax avoidance, probate avoidance and planning for long term care needs. In fact, paying for long term care expenses for seniors and aging baby boomers is a health care crisis. Our office recognizes the right of our clients for us to fully recognize elder law issues and fully address the needs of their aging clients. After all, the best estate plan is worthless if the long term needs have eaten up the entire estate.
Elder Law focuses on the legal needs of the elderly and specifically the life needs of the senior and their family.
This includes:
• Estate planning
• Asset preservation, long term care needs planning
• Public benefits such as Medicaid and Veteran’s Benefits
• Incapacity planning, guardianship
• Special needs trusts
• Estate planning
• Asset preservation, long term care needs planning
• Public benefits such as Medicaid and Veteran’s Benefits
• Incapacity planning, guardianship
• Special needs trusts
Why is Elder Law Important?
With 80 million baby boomers moving into “golden years” and one person attaining age 50 every seven seconds, there is a great demand for information.
Studies show that 2 out of 5 Americans over age 65 will enter a nursing home.
In 7 out of 10 couples, one spouse will need long term care.
78% of us live in “non traditional families”, which require special attention, planning and protecting.
