Understand The Difference Between Elder Law and Estate Planning

by Montana Elder Law Manager

Estate planning and elder law serve two distinct but equally important purposes. Estate planning focuses on what happens to your assets after you pass away, while elder law primarily protects your assets while you are still alive. Elder law planning ensures senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. Your family and part of your assets can be protected while you construct a plan to pay for future consideration with the aid of elder law attorneys. Also, they can help you get approved for Medicaid or other benefits to cover the cost of long-term care.  

  

What does an elder law attorney do? 

 

An elder law attorney typically focuses on legal matters that enhance or sustain the client's care and health. The aging process and the requirements for long-term care are given particular attention. Planning for future health care requirements through advance directives like durable powers of attorney and living wills is a part of this legal profession. Assuring the client's eligibility for government assistance and the insurance required for long-term custodial care is another responsibility of the elder law attorney.  

  

Additionally, an elder trust attorney must defend the resident's rights in long-term care institutions and do everything in their power to shield them from elder abuse committed by a person they can trust. All facets of preparing for old age, illness, and infirmity are covered under elder law. Seniors and their loved ones make up the majority of elder law customers. Thus, a practitioner must pay close attention to these clients' legal concerns.  

  

 

What does an estate planning attorney do? 

 

An estate planning lawyer, however, offers guidance to clients of all ages. They help clients leave the legacy they want for their families and themselves. This area of the law deals with all aspects of planning for the preservation and disposal of estate assets while considering any relevant state and federal tax repercussions. The wills, trusts, and estates attorney counsels clients on how to implement their estate plans, adequately fund those plans, administer estates, and safeguard their estates in the case of probate disputes before preparing the necessary legal documents on their behalf.  

  

  

The area of law an attorney chooses to operate in is up to them, but as a client or potential client, we want you to be as informed as possible about the kind of law you require. You must understand the distinction between elder law and estate planning attorneys. Whether it is now or in the future, we invite you to contact us with any questions about these matters.  

  

  

Finally, a private appointment with a prospective lawyer is the ideal moment to clarify the differences between elder law and estate planning. The experts at the Montana Elder Law firm are always available to review your options and address any questions you may have regarding the future. It is a consulting company that can assist you with particular requirements, such as obtaining veterans' benefits and addressing elder abuse concerns. Moreover, planning for a disability or estate, applying for Medicaid or Medicare, financing elderly care, setting up a power of attorney, and creating other essential documents. Call their elder law estate planning attorney immediately to schedule your consultation with them. 

 

 

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Created on Mar 6th 2023 03:08. Viewed 108 times.

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