Berry, Quackenbush and Stuart:  Columbia Attorneys
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Last Updated:  10.02.2006

 


There are many problems and challenges facing the elderly under the best of circumstances. Failing bodies, minds and family support systems make the "golden years" a time fraught with fear and problems. Elder care issues arise over matters as diverse as taxes, hospital care, medical directive issues, conservatorship concerns, long term care and retirement. As America as a nation ages, these problems will become more rather than less acute.

As you or your loved one ages you may want to consider possible solutions such as granting a trusted family member or friend a durable power of attorney so as to manage your finances or make financial decisions for you or protect your assets. If you need long term nursing care, you may be typical of the population and need support from Medicaid. It is important to know how this will affect your estate and your property before you accept such Medicaid funds. You should plan these issues out now by either long-term insurance or investments if possible so as to protect as much of your future estate as possible.

Elder care law encompasses legal issues that relate to the long term care planning and funding for individuals and families. Such issues include Medicare, Medicaid, Social Security, long term care and disability insurance, estate planning, asset transfers, nursing home issues, powers of attorney and other issues affecting the aging and their families. It is vital that a strategy be in place to access all available federal and state support while having to give up as little as possible of the individual’s hard-earned property. Our experienced elder care and tax attorneys can provide such guidance and strategies.

Clearly, the advice of a lawyer experienced in elder law would be helpful and wise for the elderly and their family to obtain long before the time arrives to actually apply for government assistance and benefits.

If you have further questions concerning elder law, please feel free to contact us.

 




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