How Elder Law Attorneys Can Help Seniors and Their Loved Ones
Many aging Americans depend on family members
or friends to help manage their financial, health, and other affairs during
retirement and beyond. They often believe that their family members will be
able to take care of any issues that arise. While consulting with loved ones
about plans and wishes can be beneficial, relying solely on them can cause
problems in the long run for both seniors and their families.
When it comes to putting proper planning in place, it is best to consult with an expert. The issues around
retirement, wills, and estate planning are often complex. Working with a legal
professional can help seniors navigate these details to ensure that decisions
and plans are suited to their specific situation.
Having legal arrangements in place related to
retirement benefits, assets, and to determine who will be responsible for the
welfare of an aging loved one can also help to avoid family disputes, and
ensure that assets are preserved as intended. And although we’d like to assume
family members always have seniors’ best interests at heart, legally-binding
arrangements also protect against abuse and financial exploitation.
But it isn’t just seniors that benefit from
working with a legal professional. Elder law attorneys can also assist heirs
and beneficiaries by ensuring that assets don’t fall into wrongful hands due to
debts, divorces, or other extenuating circumstances. They can also help
beneficiaries avoid the long and complicated probate process.
ELDER LAW ATTORNEY EXPERTISE
Elder law attorneys have the expertise to help
seniors and their loved ones navigate all of the legal issues impacting the
elderly. They can help clients to better understand long-term care Medicaid
programs and laws, and assist clients and families with all of the legal
aspects of planning, including drafting wills, estate plans, and trusts.
Below is a list of some of the services elder
law attorneys provide:
●
Medicaid Eligibility,
Applications, and Planning
●
Long-term care planning
●
Financial planning for long-term
care
●
Drafting wills and trusts
●
Medical Power of Attorney
●
Financial Power of Attorney
●
Establishing and managing Estates
and Trusts
●
Probate services
●
Asset protection
…
and more
Seniors tend to procrastinate planning due to
the unpleasant associations of illness and death. Elder law attorneys can alleviate
that discomfort by facilitating family conversations and shifting the focus to
the positive benefits of planning and preparedness. Cost can also deter seniors
from seeking legal advice and services, however, failing to plan can ultimately
end up being far more expensive.
No matter the issue at hand, seniors and their
loved ones will benefit from working with a legal professional. If you’d like
to learn more about how elder law services can help you or an aging loved one,
contact our firm today at (402) 614-6400. Schedule your free initial consultation with one of our experienced elder law attorneys to review your estate planning and answer your questions regarding any of the issues listed above.
Visit our website at www.ElderLawOmaha.com.
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