It Is Important To Consider Elder Law Matters Sooner Than Later

Retired people are living longer than ever and some are putting off longer than ever the inevitable planning for their future. Not planning can mean a health crisis could drain your savings accounts and assets long thought to be in place for the next generation. Not planning can encumber your family - who may still be raising young children - with emotional and financial distress.

Even if you have created a will, your assets are not automatically protected. This is especially the case if you, or your spouse, are going to need care in a nursing home or similar long-term care facility in Kentucky. The expenses of such long-term health care can drain your retirement nest egg in a relatively short time. Planning ahead considers various options, including factoring in Medicaid to cover the costs of your long-term care or nursing home. However, Medicaid can also seek to recover from your estate for amounts paid for nursing home care costs on your behalf unless proper planning is completed in advance.

Aging in place requires careful review of all aspects of your health, real property and personal property to strategically develop an interconnected safety net. Our firm can help you with matters including:

  • Estate planning: Drafting and reviewing wills, trusts, powers of attorney, health care directives and living wills.
  • Social Security: Providing guidance for retirement and survivors benefits.
  • Medicaid arrangements: Helping you understand the application process and covering the escalating cost of medical care while safeguarding your assets.
  • Banking and finance matters: Developing a personal plan and arrangements to alleviate stressful contingencies.
  • Probate: Ensuring your family does not get caught in a mire of confusion in probate court when your loved one passes.

Planning ahead often means looking at your whole picture with an experienced elder law attorney. At Robinson Salyers, PLLC, we have the experience to help clients focus on their family values, well-being and future interests. We can guide you whether you are considering creating or updating your trust, selling your real property or giving it outright to family members before you pass away. Call us at 502-220-4439 to make an appointment.

When Your Loved One Is No Longer Of Sound Mind

Many people think they can put off making decisions about their real estate holdings, personal assets and bank accounts until "later." Proper estate planning before the onset of dementia, stroke and other diseases such as Alzheimer's or Parkinson's is ideal, however, sometimes it is not possible.

If your loved one is no longer capable of making their own decisions, our attorneys can help your family determine what options are available under the circumstances, including; long-term care alternatives, nursing home placements, or guardianships for incapacitated adults or conservatorships. We can help you with reviewing your loved one's documents and taking the necessary steps to provide them with the care they need for the future.

The Best Season To Discuss Your Legal Options Is Now

Contact Robinson Salyers, PLLC to discuss your elder law concerns with our experienced and compassionate lawyers. Call us at 502-220-4439to schedule an appointment. You may also reach out to us by completing our online form.