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3 Benefits of Working With an Elder Law Attorney

By October 1, 2020 No Comments

As you age, there are several considerations that need to be addressed to ensure that you and your loved ones are sufficiently protected. You’ll need to think about your healthcare wishes and how to financially support your desire to remain in your home for as long as possible—perhaps by planning for an in-home care service to help you, should the need arise. While some of this planning can be done on your own or with the assistance of your family members, there are several benefits to working with an elder law attorney. Doing so can give you and your loved ones the confidence and reassurance that the future remains bright, no matter what lies ahead.

Customized Estate Planning Services

It may be tempting to complete your estate plan using generic online documents. Unfortunately, most of these documents are vague and don’t adequately protect your best interests. Legal battles can easily arise from estate planning documents that are unclear and open to various interpretations, leading to heated arguments and costly disputes. Asn estate planning attorney can guide you through the process of creating customized legal documents that are specifically tailored to suit your needs and reduce the likelihood of litigation in the future.

Financial Planning

While it may not be pleasant to think about a time when you are unable to communicate your wishes regarding your medical treatment, it’s essential that you put protections in place to ensure that such wishes are known and respected. Additionally, the time may come when you require skilled nursing care, so you’ll need to prepare financially for this possibility. An elder law attorney can work with you to assess your financial situation, such as determining your Medicaid eligibility, exploring long-term care insurance options, and navigating capital gains tax issues. Financial matters can quickly become complex, so it’s wise to work with a legal professional who can advise you on which strategies to use to protect your best interests.

Trusted and Compassionate Guidance

Elder law attorneys understand that family dynamics can be complicated and fraught at times. Sometimes, you may not wish to discuss these sensitive matters with your family members, so a trusted elder law attorney can be a great resource as you plan for the future. Working with a neutral third party gives you the opportunity to receive helpful guidance without additional emotional weight. You’ll receive compassionate care from someone who wishes to ensure that your future and legacy are protected but through a professional lens. 

 

If you want to learn more about how working with a dedicated Spokane Valley elder law attorney can help you protect your future, contact Legacy Law Group at (509) 315-8087 today.