Have you ever heard of "elder law"? If yes, then what exactly is it? And, even more important, should you learn more about elder law?
Basically, elder law is a general term describing the laws and regulations affecting older men and women. For example, one aspect of elder law is the proper care and guardianship of an older person who requires medical attention and can no longer function without assistance.
A recent Insurance News Net article, titled “Elder Law is discussed with host James Earl Jones on "In America,” notes that the range of topics elder law addresses even includes divorce among adults age 65 and older and laws regarding elder abuse.
They handle details related to estate planning, retirement, government programs like Social Security and Medicaid, and guardianship when a senior is unable to deal with his or her own personal affairs.
This also includes long-term care, nursing home issues, and end-of-life planning.
Because "elder law" is such a broad category of laws and the effects of those laws differ based on a wide variety of circumstances, elder law attorneys provide services focusing on the specific goals and concerns of each of the older men and women they represent.
Naturally, the options the range of planning options available will depend on each unique situation and the senior's health. This is why it is essential that you contact an experienced elder law attorney to discuss your particular situation and objectives, sooner rather than later.
You can find additional information about elder law on "In America" with host James Earl Jones, as cited in the original article.
This is program provides a good introduction and can stimulate a meaningful conversation about the subject with your senior loved one about the need for elder law assistance.
Remember: “An ounce of prevention is worth a pound of cure.” When making your financial, tax and estate plans, do not go it alone. Be sure to engage competent professional counsel.
For more information about estate planning in Overland Park, KS (and throughout the rest of Kansas and Missouri) and to download free tools to help you organize your estate, visit my estate planning website.
Reference: Insurance News Net (March 16, 2015) “Elder Law is discussed with host James Earl Jones on "In America"”