What is Elder Law?
Any type of planning which takes into account the financial impact of life’s pivotal moments can fall under the elder law umbrella. Medicaid crisis planning and pre-need planning, estate planning, guardianships, can all help you preserve and protect assets for your heirs.
Our clients typically include single or married couples with anything from a small house to preserve or over a million dollars to preserve, and want to do it in the most efficient way possible. Once you turn 70 years old, even if you are in good health, you need to consider asset protection planning versus just estate planning. Contact us today 219-627-9000
Nursing Home Asset Protection Services
The nursing facility and the State will tell you to "spend-down" all your money. Pay everything to them and then become Medicaid Eligible. However, even in a crisis we can typically protect a large portion of assets and make certain these funds go to heirs. Don’t sell the house or private pay until you discuss the matter with an Elder Law attorney. Contact us today 219-627-9000
When a loved one passes and assets need distribution to the heirs, in many cases Estates need to be opened. This process is often not as complicated or difficult as people believe. We have successfully opened and completed thousands of Estates. Most allow distributions of assets within only a few weeks.
Estate planning involves planning for how an individual’s assets will be preserved, managed, and distributed after death. The ultimate goal of estate planning is determined by the specific goals of the client, and may be as simple or complex as the client's needs dictate. The use of Wills, Trusts, special Deeds are all ways to make certain assets go where we want them to.
When a family member cannot take care of themselves financially or physically, often times the best outcome involves creating a guardianship, allowing one person to be approved by the Court to take care of them and their property. This goes hand in hand with other aspects of estate planning.
Having been practicing for over 18 years has its advantages. I won't do something I don't feel comfortable with, but I know the right people and can refer cases to the best lawyers in the area. It won't hurt to ask! Call us today 219-627-9000.