When most people think about elder law, they think about estate planning. However, elder law is much more than that. It encompasses a wide range of legal issues that can affect seniors and their families. If you are a senior or have a loved one who is, it is important to understand the basics of elder law so you can make informed decisions about your future.
If you are wondering when you should start planning for elder law, the answer is that there is no one right answer. Some people may need to start planning as early as their 50s, while others may not need to think about it until they are in their 70s or 80s. The important thing is to be aware of the issues that can come up and to have a plan in place for when they do.
Some of the most common issues that arise in elder law include:
– Estate planning: This includes creating a will, estate planning trusts, and other legal documents to ensure your assets are distributed according to your wishes after you die.
– Healthcare: This includes making decisions about medical care and treatment, as well as planning for long-term care.
– Financial security: This includes ensuring you have enough money to cover your expenses in retirement, protecting yourself from elder financial abuse and other issues.
– Guardianship: This includes appointing a guardian for yourself or a loved one in the event that you are no longer able to make decisions for yourself.
If you are starting to think about elder law, it is important to find an attorney who specializes in this area of law. Mooresville has several attorneys who focus on elder law, and they can help you navigate these complex issues. Contact one today to get started on your planning.
This article was written by an expert elder law attorney in Mooresville, NC. For more information, please contact Daly Mills Estate Planning. We specialize in Estate Planning, Elder Law, and Probate Law.