11 Common Acronyms in Elder Law and Estate Planning
In helping clients prepare for their future, estate planning and elder law attorneys use many acronyms. Understanding some of the common medical and legal terms in this field can give you added confidence in your approach to planning for your own future or that of your loved ones. 1. AEP (Accredited Estate Planner) An AEP is an estate planning professional who has attained a graduate-level designation in estate planning. Attorneys and other estate planning experts, including accountants, financial advisors, and financial planners, can seek this accreditation. Although accreditation is not necessary for a lawyer to do estate planning, accredited estate planners have gone through additional education in estate planning. They are recognized by the National Association of Estate Planners & Councils . 2. CCRCs (Continuing Care Retirement Communities) Older adults who want to stay in one place as their care needs progress can reside in continuing care retirement communities , which pro
