Do you care for an older adult loved one? Or are you concerned about their health and financial welfare? If so, call an elder law attorney. We optimize estate planning. A highly specialized area of law focusing on the legal needs of older adults, elder law covers significant issues. These include long-term health care needs, quality of life, and financial well-being. Specific planning may also include more. For example:
The Role of an Elder Law Attorney
- Estate Planning and Administration
- Asset Protection Planning
- Medicare or Medicaid Planning and Applications
- Wills
- Trusts
- Probate
- Advance Directives
- Special Needs Planning
- Guardianships.
Answer these questions:
- Do you have a will? Have you updated in the last five years?
- What will become of your assets if you require home care or nursing home care?
- Have you prepared a living will? This should include a health care proxy and durable Power of Attorney (POA).
- Did you protect your home protected in a trust?
- Do you want to spend half (or all) of your assets on elder care costs?
Did you answer “no” to any of these questions? If so, consult with an elder law attorney.
The Importance of Medicare Planning with an Elder Law Attorney
For a successful, secure, and less stressful lifestyle, plan early. Currently, the “look-back period” for nursing home benefit qualifications is five years. For home care benefits, that period is 2.5 years. Early planning protects many assets and still secures eligibility for government benefits.
Regardless of your age or wealth, create and maintain an estate plan. Your will sets forth instructions regarding which heirs will receive your property when you die. It also lists a guardian(s) for minor children. And it protects assets in a special needs trust. This will benefit disabled loved ones. An estate plan also tackles tax planning, POA, health care proxy, and a living will. This helps if something unexpected occurs, such as incapacity.
Elder Law Planning
Planning and asset protection ensures you or your loved one will receive the care they need. Medicare planning also protects a healthy spouse who wants to remain in your home by funding them to do so. Proper planning for Medicare benefits protects assets from an estate recovery program, and genuine estate liens.
Can an Elder Care Attorney Help You or a Loved One?
Hire an experienced elder care attorney to financially safeguard someone you love. Specific services of an elder care attorney include:
- Planning and managing long-term care services.
- Strategizing and qualifying for Medicare eligibility.
- Guardianships and conservatorships
- Administration of an estate, probate, and trust(s)
- Estate and disability planning and preparedness
A well-crafted estate plan protects you and your beneficiaries. Your elder law attorney will guide you through the estate plan process. At Skvarna Law, we customize plans to meet our clients’ needs. We also prepare legal documents reflecting California law. Early proactive planning yields the best results to protect your assets and well-being. Contact an elder law attorney today to establish or review your existing estate plan.
About Skvarna Law in Glendora & Upland, California
Skvarna Law Firm operates offices in Glendora and Upland, California. Also, we provide legal services. We cover San Bernardino, Los Angeles, Orange, and Riverside Counties. This includes several cities. Upland, Ontario, Rancho Cucamonga, Fontana, Colton, Rialto, Chino, Chino Hills, Glendora, Claremont, Pomona, La Verne, Montclair, San Dimas, Azusa, Covina, West Covina, Diamond Bar, Walnut, La Puente, Corona, Norco & Mira Loma.
