What Can I Talk to an Elder Law Lawyer About?
For individuals who are near retirement age or have an aging loved one that they need to care for, thinking about the future can be a daunting task. From applying for benefits to long-term care home facilities, there are many things that you need to plan for. An elder law lawyer like one at McCarthy Law, LLC can provide you with legal advice and support if you need assistance.
Preparing Legal Documents
From wills, trusts, powers of attorney, and more, you will need many different types of legal documents to put in your estate plan. There can be a lot of documents to keep track of, and when you are dealing with legal forms, you want to make sure that you are not making mistakes. An elder law lawyer can help you determine and find materials you need, such as birth certificates, Social Security cards, real estate deeds, and more.
Securing Your Assets
If you or a loved one is planning for retirement, you have to start with organizing all of your assets and putting the necessary protections in place. Whether you have a small or large estate, all of your assets should be secured to protect your financial wealth. You can protect your assets in several ways, such as by setting up trusts or navigating insurance policies.
Powers of Attorney
There are different types of power of attorney, such as healthcare and financial. Powers of attorney provides legal authorization for a named individual to make a decision on your behalf. They can be about things like what kind of medical treatments you can receive or how your estate will be managed. These appointed individuals are people you trust to follow through with your decisions. Elder law attorneys can guide you with the process to set up powers of attorney.
Caring For a Loved One With Dementia
If you have a loved one who has dementia, developing a care plan can be complex. You need to decide whether you want to place them in a nursing home or obtain in-home nursing services. These can be costly and it can be hard to make the right choice. With advice from an elder law lawyer, you can better understand your options so that you can make the most cost-effective decisions that serve your loved one’s needs.
Talk to a qualified elder law lawyer if you have questions or specific topics that you want to discuss by scheduling a consultation.