What is Elder Law and Why Do You Need It?

What Is Elder Law And Why You Need To Hire The One? | by Alex Ross | Medium

You just moved to your brand new home in sunny Bradenton, Florida. You have been waiting for this for years. You just retired from your job and the plan for the next couple decades is to lay on the beach worry free. But since you just retired, you no longer have health insurance. All the sun is leaving spots on your skin that you worry could turn into skin cancer if not treated properly. Medicare looks like the best option but you are not sure how to get it. It looks like you need to reach out to a board specialist in elder law.

Elder Law is essentially any legal issue that affects an aging population. Elder law applies to a variety of issues like medicaid planning, estate planning, probate & trust administration and guardianship. What does this all mean and why should you care? No one is getting younger and all these issues bring up valid concerns. Elder law will help you plan out the rest of your life (and after) so you can go back to laying on the beach worry free.

A big financial concern of the aging population is whether or not they will be able to afford nursing care in the future if they should need it. Nursing homes are very expensive and you get what you pay for in terms of comfort. To live in a private room, the average cost of a nursing home a year is $102,000 in the United States. Sometimes, the money just is not there but you may need the skilled and constant attention a nursing home provides. An elder law specialist can help you figure out whether or not you qualify for medicaid which can pay for a portion of the cost.

Maybe you are not worried about paying for medical issues that may arise in the future but are you worried about your money? Even if you aren’t rich, it is important to set up legal documents like a last will and testament. A last will and testament defines where all your money and assets go after you die. Even the closest of families can be tested dividing up money and precious family heirlooms. To avoid the mess, set up a last will and testament with a law firm that specializes in elder law.

Elder law deals with all of the issues that you may not want to think about but for the sake of your family, sort it out now. The sooner you hire an elder law specialist, the sooner you can go back to laying on the beach.

Jame E. Johnson Elder Law is a high quality Elder Law Attorney in Bradenton.

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