If you are concerned about legal matters that impact senior citizens, you would do well to discuss your future with a licensed elder law attorney. You should go forward with a full understanding of these issues, and you should work within a well constructed plan that leads to a comfortable future.
An elder law attorney is typically going to have an expanded area of focus. Retirement planning, financial planning, elder law and estate planning are all interconnected. To be comprehensively prepared for the future, you should create a holistic plan that addresses each stage of life.
If you plan ahead effectively, you will be able to enjoy your active retirement years as you brace yourself for the twilight years that will inevitably follow.
Many people require long-term care late in their lives, and Medicare does not pay for living assistance. This care is very expensive, and you could lose everything that you intended to leave behind to your loved ones if you have to pay out-of-pocket.
When you take all the right steps along the way, you will be well provided for as you simultaneously craft a suitable legacy to leave behind to your loved ones.
There is no one universal plan that is ideal for every family. When you craft a long-term plan for aging, personalized attention is key.
When you work with an attorney who is focused on elder law, retirement planning, financial planning, and estate planning, you can create a tailor-made plan that ideally suits your needs.
Knowledge Is Power
If you want to obtain some comprehensive information about these interconnected topics, we have a valuable resource that you can access through this website.
We have prepared a number of special reports that cover numerous different relevant topics. These reports are being offered on a complimentary basis, and you can access any or all of the reports.
Visit this page if you would like to educate yourself: Free Reports.
Take the Next Step
Our firm can help if you would like to create a truly comprehensive plan for aging. There are multiple different elder law issues to address, and you should be aware of all the facts so that you can make informed decisions.
Estate planning is another important part of the equation. There are multiple different ways to facilitate asset transfers, and the optimal course of action will vary on a case-by-case basis. Each person on your inheritance list is in a unique life situation, and the right way to provide for one person may not be appropriate for the next.
If you would like to discuss things with a licensed professional, contact us through this page to set up a free consultation: Indianapolis IN Elder Law Attorneys.
Mr. Kraft assists clients primarily in the areas of estate planning and administration, Medicaid planning, federal and state taxation, real estate and corporate law, bringing the added perspective of an accounting background to his work.
Latest posts by Paul A. Kraft, Estate Planning Attorney (see all)
- Can’t I Just Transfer Assets to My Adult Child If I Need to Qualify for Medicaid? - July 19, 2019
- What Type of Will Is Best for Me? - July 17, 2019
- Ways to Avoid Probate - July 15, 2019