Elder Law, Estate Planning and Asset Protection Services
What is Elder Law?Elder law covers all aspects of planning, counseling, education, and advocating for all of our clients in Rhode Island and south east Massachusetts. Elder law attorneys are a resource to their clients because they understand their clients’ needs may extend beyond basic legal services and stay informed about and connected to the local networks of professionals who serve the elder population. Elder law encompasses all aspects of planning for aging, illness, and incapacity. The specialization requires a practitioner to be particularly sensitive to the legal issues impacting elder clients.
Elder law attorneys bring more to their practice than an expertise in the appropriate area of law. They also have knowledge of the senior population and their unique needs as well as the myths related to competence and aging. They are aware of the physical and mental difficulties that often accompany the aging process. Because of their broad knowledge base they are able to more thoroughly address the legal needs of their clients. Elder law encompasses all aspects of planning for aging, illness, and incapacity. For example, when planning an estate, an elder law attorney would take into consideration the health of the person or couple, the potential for nursing home care and the wishes and concerns of the person or couple if that event were to occur. If you need help with an elder law issue, use the form below to contact me today to schedule an appointment. |
|
Common Myths in Estate Planning
Estate Planning is only for the Rich
Estate planning is not only for the rich or the elite! If you have assets and own property, you have an estate and therefore you need to have a plan! Your estate is what you leave after you pass away. You want to control how it is done, who gets your property, and when. Moreover, if you have a child or children, a will is the only way to legally select a care giver and guardian for you child in the event you should pass away.
If I need nursing home care, my spouse will loose our house
Not so. There are many ways to legally avoid a medicaid lien. If done sufficiently in advance of needing long term care, gifting a remainder interest in the home to a child or irrevocable trust will ensure the property will go where you want. If you will need services soon, transferring the home to an allowable transferee such as a spouse, disabled child, sibling co-owner, or caretaker child before death may save your home. The rules are very specific and advice from an expert should be obtained to determine the best method for you. In addition, the earlier you seek advice, the more options you typically have available.
|
|
