What The Growing Field of Elder Law Means for You, Your Family, and Your Future
One of the fastest growing legal sectors is Elder Law. Despite that growth, not many people know exactly how much that term encompasses.
It’s easily surmised that Elder Law includes services such as estate planning and advocacy. However, the scope is much wider. Individuals who practice Elder Law also work in matters of Veteran's Benefits, Real Estate, Long-Term Care, and Special Needs Planning! To that point, while the term “Elder Law” is applied as a blanket term you do not have to be “elder” to take advantage of these services.
Many lawyers practice Elder Law in part. However, it's a complex field that requires both passion and diligence to stay at the top of.
Some of the simplest services are frequently overlooked and underestimated. Powers of Attorney, health care documentation, and simple probate avoidance are all solutions anyone can acquire with an Elder Law practitioner. There are several factors that go in to selecting these services. Everything from client age to types of assets are considered to make sure that the lawyer picks the correct services for the client.
Review and Reset
Working closely with an Elder Care practitioner gives your family an expert set of eyes. An experienced individual is going to know to ask the questions and dig deeper into unexpected aspects of your life. This rigor creates the most in depth and airtight plan possible. They also are invaluable resources for knowing when it’s time to review your documentation.
While many people create their Life Plan and never look at it again, for most people this is an unrealistic expectation. It is not uncommon for laws governing how estates work to go into effect, potentially changing how a document can be drafted. Furthermore, changing assets, contact information, and possible needs as the years go on are all vital to consider. Reviewing your Life Plan is a simple process. One that can save your family time, money and stress down the road.
Never too Late, or Early
Working with an Elder Law professional is the best way to make sure you and your family are set up for success when times get tough. If you would like to set up an appointment, either to create a new plan or review an older one, give Middleton Law Offices a call at (419) 352-7522 today!
Articles appearing in this column are intended to provide broad, general information about the law. This article is not intended to be legal advice. Before applying this information to a specific legal problem, readers are urged to seek advice from a licensed attorney