Whether they are in need of extending their assets through medicaid planning or qualify for veterans benefits, we can find a way for the elderly to afford quality long term care and residences.
Elder law is another aspect of estate planning that includes senior housing and home care, long-term (or nursing home) care, guardianships and health care documents, Medicare and Medicaid.
There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable trusts, durable powers of attorney, and health care documents.
For qualifying veterans, Aid and Attendance is paid in addition to the basic pension rate for wartime veterans and their spouses who have limited income and are seriously disabled.
As we grow older, we expect to be able to retire in comfort and enjoy the benefits our many years of hard work. However, when a serious illness occurs, or a need for long term care arises, our savings plan may not be enough to carry us through our lifetime. The family bread winners are often concerned with their dependents or a spouse that they may leave behind. Essential planning will assure your family that the best practices and law utilization is in place to take care of family for many years to come.
Proper estate planning through the use of Wills, Advance Directives, Trusts, and other legal tools may play a vital role in you receiving proper medical care and helping you to preserve and pass on your assets to your loved ones without the fear of running through your life savings and becoming a financial burden on your children, or being unable to adequately provide for your spouse.
Tri County Elder Law, along with our network of senior care partners, is here to help you to understand and facilitate your long term care options. Most elders cannot afford long term care with just their pensions and social security income. We teach people about the resources available to help care for themselves or their elderly loved ones. These options may include accessing Long Term Care Medicaid Benefits or applying for those Veterans Benefits that are available to many thousands of service men and women and their surviving spouses.
We encourage you to plan ahead! Pre-planning gives family members the time and knowledge to act according to the wishes and in the best interests of the elderly person. Tri County Elder Law is committed to providing compassionate legal guidance to children and caregivers to help avoid the complications and difficult decisions of the aging process that are especially stressful in a time of crisis.
Thank you for viewing our website. Give us call to schedule your complimentary consultation and come on by for friendly conversation and helpful information on how to navigate through the elder journey process. We are here to help make the elder years as comfortable as possible for you and the ones you love.
Kent U. Larsson, J.D., LL.M.
If you have a question, a comment, or simply want to have a conversation and explore how we can help, we'd love to hear from you.