Aging is a fact of life for all of us, so it’s important to plan accordingly. As we or our loved ones get older, it becomes increasingly difficult to navigate the complexities of legal, financial, and healthcare decisions. Elder law attorneys specialize in these areas, offering vital assistance to protect seniors’ rights and ensure that their wishes are respected. Recognizing when it’s time to consult with an elder law attorney can save your family a lot of stress. Let’s discuss some key signs that it might be time to make that phone call.
One of the most compelling reasons to hire an elder law attorney is to make a plan for long-term care. Elder care can get incredibly expensive, regardless of whether you are considering in-home care, assisted living, or a nursing home. Fortunately, you have options when it comes to financing long-term care, such as long-term care insurance, Medicare, Medicaid, and other strategies to protect your assets. An elder law attorney can help you understand your options and work to achieve your financial goals.
The larger and more complex your estate is, the greater your need for sophisticated asset protection and estate planning becomes. An elder law attorney can help your family create wills, trusts, and other estate planning documents that properly distribute your assets according to your wishes when the time comes. An attorney can also help you employ strategies to minimize taxes and avoid probate, keeping the transition as smooth as possible for your heirs.
Understanding the intricacies of Medicare and Medicaid can be daunting. An experienced elder law attorney can provide clarity on your eligibility, benefits, and the application process. This is particularly important if you need to restructure your finances to qualify for Medicaid coverage for long-term care without depleting all your resources.
If there are concerns about an elderly person's ability to make decisions due to dementia, Alzheimer's, or other mental incapacities, it's important to establish legal safeguards before they become completely unable to make decisions. An elder law attorney can help your family set up powers of attorney, guardianships, or conservatorships to ensure that the individual's health, financial, and legal matters are appropriately managed for as long as necessary.
Unfortunately, elder abuse can be a serious concern. If you suspect that your elderly loved one is being physically, emotionally, or financially abused or neglected, it's essential to consult with an elder law attorney who can take steps to protect the victim and hold the abusers accountable.
Elder law attorneys can provide guidance on Social Security benefits, including when to start taking benefits and how to maximize them. They can also help with issues like denials or reductions in benefits.
Life changes such as a new diagnosis, marriage, divorce, or the death of a spouse can make it necessary to update your existing legal documents. An elder law attorney can review and revise wills, trusts, powers of attorney, and healthcare directives to make sure that they align with your current wishes and comply with legal standards.
Hiring an elder law attorney may seem like a step reserved for complex cases, but having an experienced perspective is invaluable for anyone who might be navigating the later stages of life. Working with an attorney can provide peace of mind and ensure that you or your loved one's rights and wishes are protected. Recognizing the signs that it's time to seek professional counsel can make a significant difference as your family works to manage the legal challenges that come with aging.
Katz and Baehre offer comprehensive elder law services to clients throughout Buffalo, Williamsville, Amherst, Clarence, and the rest of Erie County. If you have questions about this process, we invite you to reach out to our office to schedule a consultation. We will be happy to provide further assistance and get started on making arrangements for you or your aging loved one.